Obama Administration Sounds like Titanic

We know in every presidency you have appointments that are going to last 2 years, 4 years even more. It is funny that this administration is having trouble keeping folks even two years. What is more revealing is the people leaving from the economic team. They always like for past presidents say the leaving was planned, family commitment or burnt out from rigorous schedule. We have a feeling this is something more. Christina Romer announced resignation as the chairwoman of the Council of Economic Advisers to return to a post at the University of California at Berkeley. This follows the July departure of Peter Orszag as director of the Office of Management and Budget. Christina Romer, was the only woman in the inner circle of the President Obama economic advisers and has had a reported tense relations with Lawrence Summers, the director of the National Economic Council. We will miss Romer it was her who said unemployment would not top 8 percent if Obama’s $787 billion stimulus package became law. We feel that this is more of people running away before they can be blamed for no jump start to the economy. We know that at some point this is going to turn ugly as the blame is going to someday point all the way to the top. If the senate and house flip Republican in the fall we are going to see the real infighting begin. It always better to resign and walk away then be fired as a scapegoat.

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