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Tuesday, August 24, 2010

Fire Obama's Economic Team - They have Failed!

President Obama should ask for and accept the resignations of Treasury Secretary Tim Geithner, National Economics Council chief Larry Summers and the rest of his economics team, House Minority Leader John Boehner said Tuesday.

In a speech to businessmen in Cleveland, Boehner, the man poised to replace Nancy Pelosi as House speaker if Republicans win back the House majority in November, offered a scathing assessment of the president's stewardship of the U.S. economy, which he said includes massive increases in spending combined with higher taxes and more rules and regulations.

Already budget director Peter Orszag and chief economist Christina Romer have announced their return to their private lives. Boehner, R-Ohio, said Obama should clear the decks of the rest of his advisers.

"We've tried 19 months of government-as-community organizer. It hasn't worked. Our fresh start needs to begin now," he said.

"We have been told that the president's economic team is 'exhausted' ... The worse things get, the more they circle the wagons and defend the indefensible," he said.

Boehner claimed that the failure to see a revival of the economy is due to a "lack of real-world, hands-on experience" among the staff.

Obama spokesman Bill Burton said it was ironic that the minority leader wants to get rid of the officials who drug the country out of the recession that began during the Bush administration. - FOX News Story

Burton needs to pull his head out. If he or this administration think that they have turned around the economy, they are delusional. Have they taken a look at the numbers and listened to the people?

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