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.
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
