How bad is the economy? Obama’s no longer wants a daily economic briefing.

This is the Presidential equivalent of a kid blocking out bad news by putting his hands over his ears and saying, “Blah-blah-blah-blah-blah.”

President Obama’s been simultaneously abandoned by his crack team of economic advisors (otherwise known as the clowns who got us into this mess) and by his courage.

obama-economic-team
Ahhh, the good ol' days when President Obama had a full team of so-called economic advisors

The Los Angeles Times has the details:

“When you ask about the economic team, it’s kind of like, ‘What economic team?’” said Edward Mills, a financial policy analyst with FBR Capital Markets. “They are very thin at a very critical time.”

The administration needs all the firepower it can muster, experts said. Yet the team is missing a key messenger in selling Obama’s policies. The post of chairman of the Council of Economic Advisors — an influential position — is vacant and is likely to remain so at least into the fall.

Perhaps more telling, there no longer is a formal economic briefing in the Oval Office every morning, a gathering in which Summers, Romer, Geithner and other key advisors assessed the data and batted around ideas with Obama.

We believe there was an error in the transcript. Instead of “batted around ideas” it should have read “discussed batty ideas.”

Source: Los Angeles Times

This post was last modified on August 14, 2011

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View Comments (41)

  • A Doctor From Israel Says " In Israel The Medicine Is So Advanced That We Can Cut Off A Mans Testicles ; We Put Them Into Another Man , And In Six Weeks He Is Looking For A Job " .
    The German Doctor Comments ; " That Nothing , In Germany We Take Part of the Brain Out Of A Person , We Put It Into Another Persons Head , And In Four Weeks He Is Looking For Work " .
    A Russian Doctor Says ; " Thats Nothing Either , In Russia We Take Out Half of the Heart From A Person , We Put It Into Another Persons Chest , And In Two Weeks He Is Looking For Work " .
    The U. S. Doctor Answers Immediately ; " Thats Nothing My Colleagues , You Are Way Behind Us .... In The U.S.A. We Grabbed A Person From Kenya with NO Brains , No Heart , And No Testicles .... We Made Him President of the United States of America , And Now.... And Now The Whole Country Is Looking For Work " .

  • Well, since he knows nothing about how to run an economy, we are going to be better off if he does ignore it. At least that way he can't do any more damage.
    STFU and go sit in the corner Barry!

  • He's at least figured out the value of a briefing from the Clowns he surrounds himself with, that's ummm... progress?.... sigh....

  • Yeah, I could see how those pesky economic briefings could put a damper on the rest of the day.

    • Come on, cut the man some slack, tee time is 8:00 am and if you are late you have to go to the end of the line. If his team of elite advisors would move their meetings to a more convenient time, say 3:00 pm, I'm sure the Exaulted One would have time to listen to what they say.

  • "Summers, Romer, Geithner and other key advisors assessed the data and batted around ideas with Obama."

    So what's the problem here? Does everyone forget the explosive growth in the 90s started when Congress and the whitehouse were busy fighting eachother over BJs?

    Are there really people left in the country that think the president is going to create net jobs and not just move them around?

    • "Are there really people left in the country that think the president is going to create net jobs and not just move them around?"

      The 29% who think the Tea Partiers are "economic terrorists", of course.

    • I brought up the fact that the American Communist Party was elated when he was elected to some of my liberal friends. They said it didn't mean anything.

    • The three members of Congress making the pilrimage to Cuba were Lynn Woolsey, Sam Farr and Barbara Lee. All three weasels are from California and all three are members of the Progressive Caucus. They should stay in Havana where they would undoubtedly be happy.

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