Tuesday, May 27, 2008

Obama's Economic Advisor's Take on economic policy

From the WSJ:

Mr. Goolsbee wouldn't comment directly on the Fed's handling of the economic crisis, saying it wasn't the job of a presidential candidate to discuss this. But he didn't hesitate to lambaste the Bush administration over its "failed" economic policies.

Gee Prof Goolsbee, I thought you preached less government economic policy is good! Are you suggesting that the Executive branch can positively influence the economic state of the nation? I thought the New Deal was an exception!

Sounds like you know more that what the economic actors know!

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