Posted on 09/01/2010 11:28:51 AM PDT by ChicagoConservative27
WASHINGTON Departing White House economist Christina Romer says the government has the tools for bringing down unemployment, but policymakers need to find the will and wisdom to use them.
Romer called on officials Wednesday to move forward on policies that will increase government spending and cut taxes. She also called for investments in infrastructure and new trade agreements.
Better yet, cut taxes, increase spending, brag about the job creation...then tell the next guy to increase taxes and cut spending and create jobs...it’s just like social security... the unborn will pay for our retirement, they cant vote now. So raise their taxes and cut their social security.
Romer’s economic theories made a lot more sense before she joined the Regime.
Well, my concern is for the size of the crack bill Christina Romer and her “team” are running up. And, you ask, what makes you think such a bill exists and that it is such a large one? Well, I answer, can you think of a more likely explanation as to why these addle-brained fools believe more deficit spending is going to rev up the U.S. economy, when the first trillion in deficit spending failed?
Good idea.
Find something that doesn’t work and do more of it.
http://online.wsj.com/article/SB123249646698200289.html
In normal recessions the argument goes an increase in discretionary government spending is unnecessary and even counterproductive. But in the event that a recession becomes a depression, a Keynesian stimulus package might work.
^
The Democrat Economist have know this about Keynesian economic theory, therefore, like the JournaList, let me introduce to you;
the Econolist
Transcript of Pelosi, House Democratic Leaders, and Economists Press Conference Following Economic Forum
http://www.speaker.gov/newsroom/pressreleases?id=1414
Speaker Pelosi.
I am pleased that we had the benefit of the thinking of Dr. Mark Zandi, Dr. Alan Blinder, Bob Kuttner, Heather Boushey, Bill Hambrecht, and Allen Sinai.
add Christina Romer and Paul Krugman. Did I miss any other Democrat economist?
WH Advisor Jared Bernstein, Treasury Secretary Tim Geithner, National Economics Council chief Larry Summers and the rest of his economics team
^
The EconoList, Democrat shilling much like the JournaList..
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