Christina Romer...
Isn’t she one of the brilliant engineers of last year’s recovery summer?
The initial round of publicity for Ron Suskinds The Confidence Men ...were seeing some of the meatier revelations, including that President Obama confounded some of his economic advisers notably Larry Summers and Christina Romer by arguing that high unemployment was driven by rising productivity. The president seems to have developed his own view, Romer said, or at least is reported to have said.
As I recall, she was the one behind the “unemployment will not go over 8% if the stimulus is passed”.
Yes. That Christine Romer...
That and the fact that it’s in the NYT means you can stop reading right there.