Christina Romer, the departing chairman of the President's Council of Economic Advisors, was at a complete loss of words when it came to explaining the state of the economy when she appeared at her valedictory lunch before her returns to her teaching sinecure at Berkley. Dana Milbank of the Washington Post comments: She had no idea how bad the economic collapse would be. She still doesn't understand exactly why it was so bad. The response to the collapse was inadequate. And she doesn't have much of an idea about how to fix things. What she did have was a binder...