The designated chair of President Barack Obama's Council of Economic Advisers predicts the economy will see "positive growth by the end of this year."
This assessment by Christina Romer, made at a "Credit Crisis on Main Street Summit" in Washington, D.C., Feb. 19, is more optimistic than the view held by private-sector chief financial officers.
Romer told summit attendees an anecdote that illustrated the pressure Obama's economic advisers face. She joined Obama's transition team after Thanksgiving, and personally gave the president-elect the news about the 500,000 jobs the economy lost in November.
"I'm so sorry," she told Obama. Obama replied, "It's not your fault -- yet."
At least it BETTER show positive growth by the end of 2009... or else!
I thought exactly the same thing the first time I saw Umbridge... uh, I mean Romer... I better be careful, or it'll be the blood quill for me.