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Does this make ANY kind of sense??



WASHINGTON – Departing White House economist Christina Romer says the government has the tools for bringing down unemployment, but policymakers need to find the will and wisdom to use them.

Romer called on officials Wednesday to move forward on policies that will increase government spending and cut taxes. She also called for investments in infrastructure and new trade agreements.

Romer said that while some new policies should be viewed as emergency measures, most should be paid for with future spending cuts or revenue returns. She said concerns about the mounting deficit should not be used as an excuse "for leaving unemployed workers to suffer."

Romer is leaving her post as head of the Council of Economic Advisers to return to the University of California, Berkeley, as an economics professor.

http://news.yahoo.com/s/ap/20100901/ap_on_bi_ge/us_obama_economist_1

Answer Question
 
29again

Asked by 29again at 4:52 PM on Sep. 1, 2010 in Politics & Current Events

Level 27 (31,176 Credits)
Answers (6)
  • 29again

    Comment by 29again (original poster) at 4:53 PM on Sep. 1, 2010

  • Sounds like a bank rupt situation to me.
    hot-mama86

    Answer by hot-mama86 at 5:08 PM on Sep. 1, 2010

  • She's clearly in the wrong field of work.
    parrishsky

    Answer by parrishsky at 5:09 PM on Sep. 1, 2010

  • Um.....
    lovinangels

    Answer by lovinangels at 5:51 PM on Sep. 1, 2010

  • There is no such thing as future spending cuts.. LOL They never happen.
    itsmesteph11

    Answer by itsmesteph11 at 6:11 PM on Sep. 1, 2010

  • There is no such thing as future spending cuts.. LOL They never happen.

    By congressional standards they do. If annual projected spending increases are not as high as expected then it is called a cut.

    Example spending increase for education is expected to be 100 million but the actual increase ends up being just 75 million then they consider is a 25% cut in education spending. That way one party can say that the other cut it by 25% and paint the party as heartless. Works because most people do not know how it works.
    Carpy

    Answer by Carpy at 12:50 AM on Sep. 2, 2010

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