Goofy is Sailing the Econmic Ship

Christine Romer, Obama’s economic advisor, was herded into the FOX News studios this morning as the sacrificial lamb.  Stuart Varney, a naturalized US Citizen and very pro business got her to say her piece about the “recovery” and the “success” of the stimulus plan.  After dancing about a bit, Varney closed the interview with two simple questions to Romer; 1) can you make the case that increasing taxes on the wealthy will stimulate jobs growth? Answer; “what you’ve got to realize is that we are giving tax breaks to 95% of America."  When Varney pressed with; “well as an economist knowing the numbers and percentages, how does taxing the wealthy (the top 25% of income earners), who pay already 85% of the taxes help create jobs?  Romer spits out the same reply.  Knowing he’s hit a “wall” with her on this question, Varney asks the last; “can you as an economist tell me that Obama’s increase of the deficit will not suppress jobs?”  Romer plays the Bush card but admitted that the president takes responsibility for the deficits, yet she wouldn’t answer the basic question.  Everyone knows deficits are BAD for the economy.  Obama’s position is indefensible and she knows it, but lies and deflects to protect her mistaken beliefs.  Another glass of Kool Aid for Romer please.  In this case, Romer’s failure to answer, is the answer.