A cartoon puts this story into perspective nicely:
That’s five Obama senior economic advisors. And five rats swimming to shore.
And, yes, they can:
WASHINGTON — Austan Goolsbee, a longtime adviser to President Barack Obama, will resign his post as the chairman of the Council of Economic Advisers this summer to return to teaching at the University of Chicago Graduate School of Business, the White House announced Monday.
Obama called him “one of America’s great economic thinkers.”
Goolsbee has been the face of the White House on economic news, and is a regular every first Friday of the month explaining the administration’s take on the latest jobless numbers.
A comment I came across summed up this latest development brilliantly:
So Obama lost all three of the nitwits who shaped his bizzarro economic policies. Summers bailed early, as did Romer, but Goolsbee was the dumbest of the three.
Which, of course, was precisely why he lasted the longest.
Let’s go back and review the fruit of Obama’s economic triumvirate – the last fool of which just left with his little rodent tail between his legs. It was called “the Recovery Act.” And here’s what these brilliant little rats predicted if Obama could shove his $3.27 TRILLION pile of pork through Congress:
A large chunk of the union dues will, inevitably, end up in the coffers of Democrat politicians.
It’s legalized theft, plain and simple. All taxpayers, irrespective of political persuasion, are funding Democrat politicians through the unholy, unlawful alliance of big government and the Democrat Party.
Remember in 2012.
Unemployment would never rise above 8% if this group of “America’s great economic thinkers” got their way, we were assurred. And they got their way.
It was called “The American Recovery and Reinvestment Act.” Jack Kevorkian could have called his suicide machine “The American Recovery and Reinvestment Machine.” The results of bothy turned out to be basically the same.
Reality set in, but when you live in the happy Marxist camper land of Keynesian extremism, love means never having to say you’re sorry for your massive failures.
Obama billed Austan Goolsbee as “one of America’s greatest economic thinkers.” Becuase, apparently, all of America’s greatest economic thinkers, like Obama himself, NEVER HELD A REAL JOB IN HIS ENTIRE LIFE. Why did Goolsbee get such a critically important job? Because, he is a doctrinaire Chicago liberal who could be counted upon to be personally loyal to doctrinaire Chicago thug Obama.
Take a look at the real-world experience Obama has surrounded himself with:
“Well, I’ve never actually performed brain surgery before, but I read a book about it once, and I taught a class in which we discussed brain surgery …” “YOU’RE HIRED!!! BEGIN OPERATING IMMEDIATELY. YOUR PATIENT IS THE UNITED STATES OF AMERICA.”
Liberals are abject fools. And the only thing more foolish than a liberal is a liberal “expert.”
Here’s where we’re heading, America:
Poll: Record-high number think country headed into depression
By JENNIFER EPSTEIN | 6/8/11 12:06 PM EDT
A record-high of nearly half the country fears the economy is careening toward a depression, helping push President Barack Obama’s approval rating down by six points in just the last two weeks, according to a new poll.
Obama’s dropping numbers come as Americans’ fears that the country is headed into another Great Depression are higher than they’ve ever been in the CNN poll. In all, 48 percent of those surveyed said another great depression is likely in the next 12 months, while 41 percent said the same in 2009 and 38 percent said so in 2008. A slight majority – 51 percent – said they don’t think the economy will plunge into a deep depression.
But while Americans are voicing concern that the economy is getting worse and plunging toward a depression, Obama said Tuesday that he’s “not concerned about a double-dip recession.” Job growth in May totaled 54,000 jobs, far fewer than the economy has create for several consecutive months, but Obama said it’s not yet clear if last month was “a one-month episode or a longer trend.”
Let’s sing “All we are is just another bump on the road” to Pink Floyd’s “The Wall” while Obama finds another Marxist egghead academic who can keep steering the good ship USS America into every iceberg in the ocean.
Of course, it’s harder to steer when the economists at the wheel keep seeing the next Obama-caused disaster coming and leap off screaming…