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Friday, August 06, 2010

Why Is Christina Romer Out And Larry Summers Still In???

Obama's Council of Economic Advisers chief, Christina Romer, announces her resignation along side of bad news on jobs numbers 'to spend more time with her family' sort of thing.
(graphs from Calculated Risk)

JonWalkerDC - July Jobs Numbers: For Dems, the Most Important (and Worst) Political News of the Day http://fdl.me/9zRxtr - I wounder if in retrospect Larry Summers will be declared the man who kill the Dem majorities with his terrible advise. Will miss Romer

ggreenwald - Larry Summers' ongoing influence perfectly expresses the Failure Breeds Credibility Law in DC http://is.gd/e61kk

emptywheel - RT @Atrios: big question is why larry summers simply wanted "insurance policy" instead of, you know, job creation http://bit.ly/aZxhcF - RT @mattyglesias: The past two months worth of jobs numbers would have been positive had GOP backed these state aid bills.- I think we should all refer to today's unemployment numbers as "Larry Summers' lost jobs." - Anyone get the feeling Romer got forced to be public face of today's unemployment numbers and that was the final straw?


Spend some time reading Atrios today on the people who've been correct about the economy --including out-going Romer-- and the people who've been wrong --including Larry Frickin' Summers.









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About Me

I go to as many New Castle County Council meetings as I can. I am a former Board Director of Common Cause Delaware. I was formerly the Secretary of the Board of The People's Settlement Association in Wilmington. I was formerly on the Board of the W3R. I co-founded the Friends of Historic Glasgow and am involved with several heritage groups in the county. I am the Secretary of the Board of the Civic League for New Castle County. I hold a Psychology degree from the University of Delaware with some Masters work in Education