Romer To Leave White House (1 Viewer)

[Denny Crane]

http://hotlineoncall.nationaljournal.com/archives/2010/08/romer_to_leave.php

Christina Romer, chairwoman of Pres. Obama's Council of Economic Advisers, has decided to resign, according to a source familiar with her plans.

 

[blazerboy30]

I'd get out of the way of the train wreck too.

 

[Denny Crane]

A different kind of bail out.

 

[maxiep]

http://blog.heritage.org/2010/08/06/another-obama-economist-jumps-ship/

 

[Denny Crane]

http://online.wsj.com/article/SB100...2990024153682.html?mod=WSJ_hpp_LEFTTopStories

The economy shed 131,000 jobs, as 143,000 temporary Census workers fell off federal payrolls. Private-sector employment grew by 71,000 in July after a downwardly revised 31,000 in June. Government employment, not counting Census workers, fell by 59,000.

The unemployment rate held steady at 9.5% largely because people gave up hope of finding work and left the labor force.

The latest figures confirm the labor market has lost much of its momentum in recent months.

 

[BLAZER PROPHET]

American corporations are flush with cash. From I read and hear talking to two CEO's, as soon as Obama is out and some semblance of stability returns to the government there will be a bevy of hiring.