Obama economics

Meet Obama's New Council of Economic Advisers Chair, Labor Economist Alan Krueger

Who is Alan Krueger?  More importantly, is anyone in this administration going to propose solid legislation and policies, well thought out in detail, that will actually work to get America back to work?  Bottom line, it looks like the same ole party line and finding anywhere Krueger has crossed it comes up empty.
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Obama and Geithner - Back to the Future on Corporate Tax Breaks and Derivative Deregulation

Michael Collins
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Speculation reigns supreme in your nation's capital. Who is next in line after the bin Laden operation? The bipartisan coalition directing the war on terror forgot one important fact about the security of the United States of America. It doesn't matter who they kill overseas, the assault on almost all citizens continues unabated at home. No one is doing anything to stop it. Only the financial and political elite remain immune. (Image-WikiCommons)

According to the National Bureau of Economic Research, the national economic collapse (aka recession) ended June 2009. That's news to the 55% of the public that believe we're in either a recession or depression (April 2011).

Obama Comes Bearing Gifts, But They Ain't No Fruitcake

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President Obama gave a speech today to the U.S. Chamber of Commerce, a conciliatory message, why he even offered up a symbolic fruit cake. But the gifts Obama is bearing ain't no house warmers, they are more offshore outsourcing, bad trade deals, corporate tax reduction wish lists and key multinational corporate players in the White House.

Would the U.S. Chamber of Commerce suddenly wake up and consider being interested in the nation that bears their name? Not from history. Remember when the U.S. Chamber of Commerce demanded Stimulus funds not be used to hire Americans or buy American? Or how foreign companies and nations are trying to buy our elections through them? Their list of egregious horrors against the American workforce is as long as their forked tongues.
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Imagine this was 1904 and Teddy Roosevelt was in Office. There is no doubt instead of promising more bad trade deals and to rewrite the corporate tax code per lobbyists' demands, we would see some sort of requirement these companies hire Americans and contribute to America. Unfortunately, this is not 1904 it's 2011 and Obama sir, is no Teddy Roosevelt.

The problem with Obama's Economics Team

Rotwang nails it:  

. . . the sensible leader collects some diversity of advice. There is no intellectual diversity in the Obama White House. The left brain of the party is missing. As smart as Obama is, he cannot personally supply the 'Team B' expertise he will need in economics, finance, and other matters not found in law school curricula.