Good riddance to Christina Romer. In true Orwellian fashion, she commented that today's employment report shows "steady growth." Would you really want to take an economics course from her? Reeeally?
What an embarrassment for Cal Berkely.
The fact of the matter is that there is just no possible positive spin that anyone can put on that employment report. And don't forget, this is a report that has been highly massaged and manipulated in a way that would be the equivalent of making up Rosie O'Donnell to look like Jennifer Aniston. Good luck...
Even more shocking is the magnitude of the June revision. The economy shed twice as many jobs as originally reported. Of course, the downward revision will be conveniently ignored by the media from which most Americans - at least those that do pay attention to the news - source their highly manipulated information.
So here's your team who is in full control of Obama's economic policy: Tax-Evading Tim Geithner who brags about spending his entire career as a public servant. I'm guessing - since Geithner didn't have a pot to piss in when enterered Treasury - will be well taken care of financially by the banks who control him. And here's Obama's chief economic advisor: