‘Jobs Created or Saved’ Is White House Fantasy: Caroline Baum
Commentary by Caroline Baum Oct. 28 (Bloomberg)
Heresy, thy name is Christina Romer.
Last week, the chairman of President Barack Obama’s Council of Economic Advisers — a position that carried the title “chief economist” until Larry Summers took up residence in the White House — testified to the Joint Economic Committee on the economic crisis and the efficacy of the policy response.
Here’s the executive summary in case you missed it: