"An economist is a man who states the obvious in terms of the incomprehensible."
Alfred A. Knopf (1892-1984)
Our President is in real trouble. And not just in his polling numbers.
Since January 2010, six of Obama's key economic advisers have jumped ship and scurried back to academic institutions or into the private sector. Austan Goolsbee, whom The Relentless Conservative always thought was a placeholder for a real economic adviser, is the next advisory turncoat.
The departure of Goolsbee, who seemingly spent the lion's share of his time explaining in intricate detail the President's nonexistent economic plan and giving on-camera excuses galore on the White House front drive, leaves only the feeble Tim Geithner on-board from Obama's original economic team who was supposed to save the American economy..
And Geithner's been MIA recently. After further consideration, perhaps Geithner's disappearing act is a good thing.
But the Obama administration is laughably trying to promote the idea that they've got it under control. Oh boy, I can hardly wait. The image of Barack Hussein Obama and Geithner locking arms and riding to the rescue of the American economy is positively terrifying. This will not turn out well.
Beginning with the moronic "Cash for Clunkers" program and "non-shovel-ready" Stimulus Program, right on through to today's entrenched unemployment rate, this President and his incompetent advisers have presided over one helluva mess.
Would Americans have been better off sailing on a helmsman-less ship rather than Obama and his short-term advisers making things decidedly worse? That's what I'm thinking.
"If all economists were laid end to end, they would not reach a conclusion."
George Bernard Shaw (1856-1950)