Barack Obama's has chosen his favorite economists, the ones who unwaveringly support his plans. A number of Obama administration economists have quietly shared their trepidation, and others in the CBO have simply stated that he is wrong. But just as our President has employed selective listening in the past, he has done again. Team Obama believes that unemployment will top out at 9%. The latest jobs report estimates 8.6% unemployment, with no job growth in sight. The problem is that Barack's government heavy team, is filled with cronies in awe of of his persona. Here is a great take from WSJ blogs:
http://blogs.wsj.com/deals/2009/04/03/mean-street-the-coming-obama-jobs-disaster/?mod=yahoo_hs
Obama has avoided blame for nearly every one of his other miscues, but if his forcasts are as far off as they have the potential to be, the fallout will be unavoidable.
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