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Obama Administration Has No Idea If It’s Running Economy Correctly

With the news out today that the nation’s unemployment rate has hit its highest point in months, it was obviously the perfect occasion for the Obama administration to get out in the media and brag about how well they’re doing. Thus, Austan Goolsbee, chair of the Council of Economic Advisers, sat down with John Harwood to discuss the economy. So, has the administration made the right economic decisions in office, such as the stimulus it settled on? “I don’t know the answer to that for sure. There’s a bit of a crystal ball in that,” said Goolsbee. So the Obama administration admits it basically has no idea if it’s doing the right things with the economy. Great. Read more on Obama Administration Has No Idea If It’s Running Economy Correctly…