Obama Adviser: Private Sector is Key to Economic Recovery

[thundley4]

The Obama administration has shifted from the "rescue phase" to encouraging private sector development to push the economy off the slow burner, one of President Obama's key economic advisers said Sunday, arguing that the latest reports of a faltering economy are not a trend in the making.
Austan Goolsbee, chairman of the president's Council of Economic Advisers, said the government has moved from efforts focused on saving the economy to a phase in which policies are aimed at "trying to leverage the private sector and give incentives" for growth.
Speaking on ABC's "This Week," Goolsbee said a review of agency regulations to ensure rules aren't too costly, onerous or outmoded and a Social Security payroll tax break are encouraging businesses to continue adding to its record of 1 million new jobs in the past six months.


Read more: http://www.foxnews.com/politics/2011/06/05/obama-adviser-private-sector-is-key-to-economic-recovery/#ixzz1OWnnDPfU

Buncha  morons run this administration.  They should have saved a trillion dollars wasted dollars from the stimulus and tried something like this first.  The only things government can do to effect the economy is taxes, and regulations.  Unfortunately more control of these areas has done nothing but damage the economy.

[DumbAss Tanker]

I understand he was the last remaining actual economist on the Prez's team, and he's leaving.  Of course things may actually go better without any Chicago/Keynesian economists around to 'Help.'

[JohnnyReb]

Whorehouses and headshops, is that the plan?