The only ones who seem to understand economics properly are the Austrian economists.
Keynesians are only interested in telling politicians what they want to hear to get cushy government jobs.
Second, you just gotta wonder how much of these three reactions are going on in the WH:
1) Excellent!, everything is going to plan!;
2) Oh crap, how do we spin this?; and/or
3) (from the Keynesians) Why does this keep happening? We're doing everything right! We must need more government stimulus.