Christina Romer Takes an Honest Look at the Stimulus

By: Monday October 22, 2012 9:15 am

The constant backwards-looking nature of our political debate means we don’t put as much of a focus on that which could move us forward, regardless of the slip-ups in the past. But from a historical point of view, it’s important to properly assess the past so we learn something from it. In that spirit, I [...]

Romer Urges Job Creation Measures, As She’s Been Doing for Two Years

By: Monday September 26, 2011 10:18 am

Christy Romer, who has published so many op-eds lately that she’s a de facto columnist, writes sensibly about the need for a jobs program to mitigate the ongoing unemployment crisis. Like so many former Obama Administration officials, she sounds much more liberated after leaving the shackles of the White House. Other forces may well be [...]

Persistent Complaints of Sexism in Obama White House

By: Tuesday September 20, 2011 8:15 am

I don’t feel much desire to read Ron Suskind’s book either, but the protests from the White House, which Suskind has begun to parry, suggest that they really feel concerned by it. And maybe not so much by the economic revelations, which they can at least fudge with an inattentive public. It’s the persistent theme [...]

Deficit Debate Upside-Down Politically

By: Friday March 25, 2011 10:07 am

The Washington Post has decided that there’s a split among Democrats on Social Security because groups like Third Way are pushing for benefit cuts while the Senate leadership is holding rallies against that. I think it’s a bit more nuanced. While some Democratic leaders have been playing footsie with benefit cuts for years now, it’s [...]

Tone-Deaf Headline of the Year Award: CNBC Asks “Have Consumers Gone on Strike?”

By: Thursday March 24, 2011 11:14 am

Via Atrios, I see the Masters of the Universe are angered by the lack of sales activity. The corporations planned for it and everything, and the consumers are late for dinner! This features one of the worst headlines I’ve ever seen: Have Consumers Gone on Strike? Yes, why aren’t consumers fulfilling their Constitutionally required duty [...]

Does the Administration See Tax Cuts as the Only Stimulus Left?

By: Monday October 25, 2010 6:50 am

Christina Romer, late of the Council of Economic Advisers, makes the pitch she probably made in the White House before getting shot down by Larry Summers and the political team. So, the question is not whether we need to reduce our deficit. Of course we do. The question is when. Now is not the time. [...]

Goolsbee to Head Council of Economic Advisers

By: Friday September 10, 2010 6:38 am

Austan Goolsbee, the chief economist during the Presidential campaign and a member of the economic team currently, will become the new head of the Council of Economic Advisers, replacing Christina Romer. If Romer’s tenure on the CEA is any expectation, Goolsbee will spend his time there butting heads with Larry Summers and being stymied on [...]

In Farewell Speech, Romer Calls for More Stimulus

By: Wednesday September 1, 2010 1:20 pm

In her final speech as a public official, the now former chair of the Council of Economic Advisers, Christina Romer, explained that the country required more stimulus to raise aggregate demand, and that failure to do so leaves “unemployed workers to suffer.” Departing White House chief economist Christina Romer called Wednesday on Congress to summon [...]

Christina Romer to Resign

By: Thursday August 5, 2010 3:13 pm

Chair of the President’s Council of Economic Advisers Christina Romer will become the second member of the White House economic team to resign in a few months, according to Reid Wilson. But unlike Peter Orszag, who was reportedly burnt out, Romer is resigning in frustration with the inability to penetrate the inner circle of Larry [...]

Romer Argues Against Extending High-Income Bush Tax Cuts, But Other Democrats Support It

By: Wednesday July 28, 2010 1:42 pm

Christina Romer of the Council of Economic Advisers struck back in a White House blog post at the notion that America must extend the Bush tax cuts for millionaires. But increasingly, Romer and others in the Administration will have to go up against their own party. In the blog post, Romer took direct aim at [...]

Obama Economic Team Outlook Presumes No Job Growth For All of 2010

By: Wednesday March 17, 2010 1:58 pm

Presidential approval and the performance of the party in power in elections has historically been tied to economic performance, and more specifically job growth. This has been proven time and again, including with this Administration, as the President’s approval ratings and Democratic performance in the generic Congressional ballot have sunk with the economic bad news. [...]

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