t wasn't the food; it was the entertainment. Christina Romer, chairman of President Obama's Council of Economic Advisers, was giving what was billed as her "valedictory" before she returns to teach at Berkeley, and she used the swan song to establish four points, each more unnerving than the last:
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.
If this woman is so consummately clueless, how in heaven's name did she ever get hired in the first place?!?
What this Administration needs to do is to:
- Cut taxes
- Incentivize corporations to rebuild manufacturing in the US
- Abolish the Fed, and let the government issue currency
- End the spending on these illegal and immoral wars, and start no new ones.
Of course, all of the above suggestions are logical. And logic, and the last several administrations, have not had much of an ongoing relationship.