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Obama economy guru: Fiscal imbalance 'not materially worse'
The Hill ^ | 6/10/11 | Erik Wasson

Posted on 06/10/2011 5:20:31 PM PDT by Nachum

The nation's overall fiscal imbalance “has not gotten materially worse in the last two years," President Obama's outgoing economic adviser said Friday. Obama adviser Austan Goolsbee, who announced this week he was leaving the White House, defended the Obama administration’s fiscal record in comments at the National Press Club. The national debt has increased from $10.4 trillion to $14.3 trillion since Obama took office in 2009. He said the biggest drivers of the debt have been known for a long time and did not change during Obama's years in office. He identified

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: economy; fiscal; guru; obama
All is well! All is well!
1 posted on 06/10/2011 5:20:34 PM PDT by Nachum
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/


2 posted on 06/10/2011 5:21:05 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum

Remain Calm! All is well!

http://www.youtube.com/watch?v=zDAmPIq29ro


3 posted on 06/10/2011 5:21:53 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum

Obama economy guru: Not materially bright.


4 posted on 06/10/2011 5:25:57 PM PDT by mkmensinger
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To: Nachum

Some how they still have to blame President Bush, that dont fly any more..


5 posted on 06/10/2011 5:26:51 PM PDT by JoanneSD
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To: Nachum

“has not gotten materially worse in the last two years,”

True, in the sense that, once you’ve sunk past crush depth, things aren’t going to get ‘materially worse’ the rest of the way....


6 posted on 06/10/2011 5:27:48 PM PDT by Uncle Ike (Rope is cheap, and there are lots of trees...)
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To: Nachum

They will continue to say this until they have completely looted the treasury and secured their new residences in some user friendly place like Lichtenstein or Switzerland.


7 posted on 06/10/2011 5:28:43 PM PDT by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
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To: Nachum

No Change, No Hope.


8 posted on 06/10/2011 5:33:36 PM PDT by Paladin2
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To: Nachum

Goolsbee is the 4th or 5th person to be the Baraqqi econ czar in 2.5 yrs IIRC.

It’s like changing head coaches on the Detroit Lions, only more frequently.


9 posted on 06/10/2011 5:36:04 PM PDT by nascarnation
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To: Nachum
The nation's overall fiscal imbalance “has not gotten materially worse in the last two years"

.

.

.

"But know this, that in the last days perilous times will come: for men will be lovers of themselves, lovers of money, boasters, proud, blasphemers, disobedient to parents, unthankful, unholy, unloving, unforgiving, slanderers, without self-control, brutal, despisers of good, traitors, headstrong, haughty, lovers of pleasure rather than lovers of God, having a form of godliness but denying its power. And from such people turn away, for his name is Obama."

10 posted on 06/10/2011 5:37:39 PM PDT by Viking2002 (RELEASE THE KRAKEN!!!!!!)
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To: Nachum

Hey Austan Goolsbee: Wake Up !

11 posted on 06/10/2011 5:39:07 PM PDT by Brandonmark (News Coverage)
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To: Nachum

Talk about whistling past the graveyard, de nile ain’t just a river in Egypt.


12 posted on 06/10/2011 5:47:55 PM PDT by gunsmithkat (There is no such thing as Too Many Guns)
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To: Nachum

Goolsbee is an outright idiot and any kid taking one of his courses will become more stupid. =.=


13 posted on 06/10/2011 6:10:03 PM PDT by cranked
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To: Nachum

“Obama economic guru: ‘S**t Creek is still S**t Creek’.”


14 posted on 06/10/2011 6:50:24 PM PDT by Colonel_Flagg ("Mr. Romney and Mr. Obama are not rivals, they're running mates." - Rep. Thaddeus McCotter)
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To: Nachum

But I do find it interesting in this context that you using the letters in “Goolsbee”, you can very nearly spell “Goebbels”.

Because this is pure, unadulterated propaganda.


15 posted on 06/10/2011 6:51:55 PM PDT by Colonel_Flagg ("Mr. Romney and Mr. Obama are not rivals, they're running mates." - Rep. Thaddeus McCotter)
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To: Nachum

Now that is real failure ... getting fired from Zero’s economic team. He’ll probably have to find some community college to teach economics at ... say maybe in Chicago!


16 posted on 06/10/2011 7:40:36 PM PDT by RetiredTexasVet (There's a pill for just about everything ... except stupid!)
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To: nascarnation

“It’s like changing head coaches on the Detroit Lions, only more frequently.”

Uh, don’t you mean:

It’s like changing head coaches on the Detroit Lions, only more frequently and with not as good of results.


17 posted on 06/10/2011 7:59:55 PM PDT by catnipman
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