Saturday, August 6, 2011

Romer Speaks ...

University of California, Berkeley Professor Christina Romer, the Obama administration’s first chair of the White House Council of Economic Advisors, appeared on HBO’s “Real Time with Bill Maher” Friday night.

Romer — who resigned in 2010 after inaccurately predicting that the $800 billion stimulus would lower the unemployment rate — said that the S&P credit downgrade was a sign that we are “pretty darn fucked.

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Be nice girl! All that was keeping us afloat was low interest rates in the first place. Mark it up to obammunsim, epic failure. Socialism always fails.

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