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Christina Romer’s Memo to Obama: “It Takes a Plan to Beat a Plan”
Yahoo ^ | 4/7/11 | Stacy Curtin | Daily Ticker

Posted on 04/07/2011 10:05:18 AM PDT by NormsRevenge

President Obama and Vice President Joe Biden met with Senate Majority Leader Harry Reid and Speak of the House John Boehner at the White House again last night.

But, yet again there was no compromise about how to fund the federal government for the rest of the year.

If you think this debate has gone on far too long, get ready for the battle over the 2012 budget!

Chairman of the House Budget Committee Paul Ryan released his proposal earlier this week. Rep. Ryan's plan would cut $6.2 trillion dollars more over 10 years than Obama has proposed.

"I certainly give him credit for coming forward with a bold and comprehensive plan," Christina Romer, former chair of President Obama's Council of Economic Advisers, tells Aaron in the accompanying clip. "But personally, I think it is a bad plan."

Ryan's plan tackles Medicare and Medicaid costs, which have spiraled into the stratosphere and account for large parts of the U.S. budget.

Romer again gives Ryan credit for being the first to propose serious entitlement reforms, but says he goes about it in the wrong way. "It really pushes a lot of risk onto individuals, where as now the risk is on the government."

You may not like Ryan's plan, but at least he has a plan to rein in entitlement spending and in turn our long-term fiscal deficits -- President Obama and Democrats have yet to do so: "It takes a plan to beat a plan," says Romer. ..

If it were up to her, she'd like everyone to coalesce around the "more moderate, but still very substantive, still very important" plan put forth by the President's bipartisan fiscal commission late last year.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Crime/Corruption; Government; Politics/Elections
KEYWORDS: christinaromer; obama; plan

1 posted on 04/07/2011 10:05:20 AM PDT by NormsRevenge
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“I certainly give him credit for coming forward with a bold and comprehensive plan,” Christina Romer, former chair of President Obama’s Council of Economic Advisers, tells Aaron in the accompanying clip. “But personally, I think it is a bad plan.”

It’s beats bankrupting a nation in the name of payback.


2 posted on 04/07/2011 10:06:00 AM PDT by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Obama: Epic Fail or Bust!!!)
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To: NormsRevenge

Christina Romer, that fat broad, had no idea how to lead the country out of the so-caleed ‘Bush’ Recession.

She’s the one who sold the country that Porkulus bill would keep the unemployment under 8%. The joke was as fat as she was/is.

She shouldn’t even be allowed to give advice to an 8 year old, let alone the president.


3 posted on 04/07/2011 10:11:57 AM PDT by Sir Napsalot (Pravda + Useful Idiots = CCCP; JournOList + Useful Idiots = DopeyChangey!)
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To: NormsRevenge

Another Republicant commercial: “It takes a plan to beat a plan” from Christina Romer, Obama’s economist. I love it!


4 posted on 04/07/2011 10:20:46 AM PDT by DallasDeb
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To: NormsRevenge

“It really pushes a lot of risk onto individuals, where as now the risk is on the government.”

And this sort of dreck passes for serious thought!?


5 posted on 04/07/2011 10:24:43 AM PDT by swain_forkbeard (Rationality may not be sufficient, but it is necessary.)
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To: NormsRevenge
I just left a voice mail message for dingy Harry at the capitol. I told him I put the blame for any shutdown on him because of his refusal to come up with any plan. I said the Dems dithering all last year and now the senate dithering is the reason we don't have a budget compromise.

SHOW US YOUR PLAN DUMBOCRATS

6 posted on 04/07/2011 11:07:50 AM PDT by weston (As far as I'm concerned, it's Christ or nothing!)
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