Obama Economist Christina Romer: Economists Don’t Know Why Unemployment Is So High

by an Unemployed White Male on September 2, 2010

in American Culture,Business & Economy,Politics & Government,Recession

From NPR.org:

In a speech yesterday, Christina Romer, departing chairman of Obama’s Council of Economic Advisers, wasn’t shy about how much economists don’t understand about the nation’s economy. It’s always refreshing to hear experts admit uncertainty — even if it’s a way to explain earlier predictions that didn’t pan out. Here’s Romer on how businesses’ responded to the recession:

Read more

Share this article with your friends!
  • Print
  • Digg
  • StumbleUpon
  • del.icio.us
  • Facebook
  • Twitter
  • Google Bookmarks
  • email
  • Google Buzz
  • LinkedIn
  • MySpace

Comments on this entry are closed.