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2011-06-13 Economy
Austen (The Moderate) Goolsbee Departs
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Posted by Bobby 2011-06-13 06:01|| || Front Page|| [1 views ]  Top

#1 Lulz.
Dana Milbank's vision of a "moderate" is just slightly right of Karl Marx. Austen sees the "unexpected" economic future clearly. It's not Recovery Summer™ and the knives will start coming out for these state-control asshats that have driven the economy into the shitter with debt and unemployment as far as the eye can see (or January 2013)
Posted by Frank G 2011-06-13 10:12||   2011-06-13 10:12|| Front Page Top

#2 Had Goolsbee as an Economics prof. at UofC B school. Great teacher with a hilarious sense of humor. Early on in the admin. he did a funny subliminal man stand up. Should still be up on Youtube.

Posted by DK70 the Scantily Clad7177 2011-06-13 11:20||   2011-06-13 11:20|| Front Page Top

#3 I see debt & severe unemployment continuing for years past January 2013, no matter who wins. The questions after that point are the amount of collateral damage and whether or not the country moves off stupid towards a more useful position. My prediction only counts we can make it that far.
Posted by Anguper Hupomosing9418 2011-06-13 12:05||   2011-06-13 12:05|| Front Page Top

#4 The great & powerful Oz (aka Larry Summers) has spoken: Even with the massive 2008-09 policy effort that prevented financial collapse and depression, the United States is now halfway to a lost economic decade.
Posted by Anguper Hupomosing9418 2011-06-13 12:26||   2011-06-13 12:26|| Front Page Top

#5 "with the massive 2008-09 policy effort that prevented helped cause financial collapse and depression"

Fixed.
Posted by Barbara Skolaut 2011-06-13 14:28||   2011-06-13 14:28|| Front Page Top

#6 Back to academia where students can hear how the most anti-business administration [in which he was proud to serve] turned a bad economic situation into a full-fledged disaster.
Posted by JohnQC 2011-06-13 15:31||   2011-06-13 15:31|| Front Page Top

#7 But his departure also increases the risk that Obama will panic, that he will be spooked by a continuing trend of monthly jobs report

I denounce Milbank for his dog-whistle code words of racism!
Posted by Frank G 2011-06-13 16:13||   2011-06-13 16:13|| Front Page Top

#8 wow. that was so easy, I can see why the left plays that card
Posted by Frank G 2011-06-13 16:13||   2011-06-13 16:13|| Front Page Top

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