Economic adviser leaving White House

Romer is probably getting out of that nut house since the Regime doesn't understand basic economic principles. Her own (along with husband) research states that lowering taxes will expand the economy. Something the Regime refuses to do.

http://www.econ.berkeley.edu/~cromer/RomerDraft307.pdf

Romer typically played a role in public response to economic news, writing regular memos in response to the monthly economic reports.

Gee, those must have been some depressing memos. Oh no...we suck.

Oh well she go back to that pinnacle of economics, Berkeley. Fine job those leftists are doing out in California. In no time at all the rest of the country will be just like Greece.

Berkeley, jeez.

Oh, no Obama's not a socialist. He just likes to have them work for him. It's a coincidence.

Wasn't Romer another Obama "economist" who cheated on her taxes?

Excellent! She is proof of how an absolute failure can be a university professor.

Terry, Although I agree with you on most of you posts, I cannot see anywhere that This woman suggested tax cut work. She is a Keynesian; she supports government spending. And in her case, she wants spending to stop cuts for teachers. Funny that she is a teacher.

Let's see, of all the government spending glut we have. The first place liberals start is police, fire fighters, and teachers. Is that where you would start? No? How about pensions, government employees, welfare to illegal aliens, committees, conventions, studies on ants, etc.

Unravelling the Bush&Cheney economic entanglements was no small task and Dr. Romer has done a fantastic job. Her expertise didn't quite get us there, but we are not hemorrhaging the jobs from our economy, that we were, when President Obama took Office, 18 months ago!! America can be proud of one of her daughters, Dr. Romer, who, when called upon to do her duty, didn't hesitate, and certainly didn't obstruct. For that, Dr. Romer, we thank you, for your great contributions and your willingness to do what you could, to help our nation, from out of the ditch, in which the Bush&Cheney regimes left our nation.
SUPPORT OUR TROOPS, BRING THEM HOME, ALIVE AND WHOLE. NOW.

It is interesting that the second high level Obama economic adviser is leaving. But I would not read too much into this because a lot of advisers, whether to Democratic or Republican Presidents, do leave within the first 2 years for a number of reasons.
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Unfortunately there was more bad news on the Job Front this morning. Although the official Unemployment Rate dropped to 9.5% (this figure does Not include the 46% of the total unemployed that are receiving benefits on Extended Coverage), America continues to lose jobs. U.S. employment fell for a second straight month in July as more temporary census jobs ended while private hiring rose less than expected, pointing to a very anemic economic recovery. The Labor department said that Non-Farm payrolls fell 131,000 in July. Private employment did rise 71,000 in July after a rise of 31,000 in June. But this was below what economic analysts had predicted. In addition to that the government revised its payrolls for may and June to show 97,000 fewer jobs than previously reported..

Private employment, considered a better gauge of labor market health, rose 71,000 after increasing 31,000 in June. In addition, the government revised payrolls for May and June to show 97,000 fewer jobs than previously reported. Analysts polled at Reuters had forecast overall employment falling 65,000 and private sector hiring increasing 90,000. The steady joblessness probably reflects a drop i n the labor force as discouraged workers gave up their search for jobs. Folks, I wish it was getting better but unfortunately job and economic conditions remain very bad out there.

http://www.cnbc.com/id/38590746

Don, you are so amazingly uninformed! Do you solely use Swamp artciles as your source for politcal information? Romer is quitting because she does not agree with the direction
of the Obama adminstration's policies. Including lying to the public. Her boss is running around telling the press the recession is over while she is publically stating it is not. Meanwhile jobless claims are now their highest since April. So much for the recovery shamulus.

Smart lady, get out while you can.

I'm supposed to accept a post from, a supposed, mature adult, who posts under the moniker of " conservativemaster "? Get real and get a sensible identity, in stead of hiding behind nonsense. Than, I may even research your claims, which I believe are specious, at best !! Unless, of course, you received them from that GiantMouth, Limpbag, in which case, thanks for the good laugh for the day!!
SUPPORT OUR TROOPS, BRING THEM HOME, ALIVE AND WHOLE. NOW.

The university probably has a policy that one can only be "on leave" for a certain time, which , if exceeded, forfeits tenure.

Or maybe she just didn't like Larry Summers.....like the Harvard faculty.....

There has been an economic advisor at the White House?? Who knew???

How does someone that is so incompetent be on the staff of
University of Berkeley? I guess
it would be okay if the tuitition
were free. It just goes to show what a sad state we find our country in.

Free to watch Liberals,

From the Romer's papers "Our baseline specification suggests that an exogenous tax increase of one percent of GDP
lowers real GDP by roughly three percent"

Their economic studies proved, unfortuantely she didn't practice it

Leaving? Wha Wha What??? After doing such a bang up job? Unbelievable.