Stuck On Stupid: Obama Taps Author Of Failed Stimulus Bill As His New Chief Economist

Obama Taps Author Of Failed Stimulus Bill As His New Chief Economist – Weasel Zippers

It’s almost like he purposely seeks out bad advice.

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Via USA Today:

President Obama will announce on Monday that he’s tapping longtime economic adviser Jason Furman to be the next chairman of the White House Council of Economic Advisers, according to a White House official.

The appointment of Furman, who had previously been identified as the leading candidate for the job, will be announced officially by the president on Monday afternoon, according to the official who asked not to be identified because the president has yet to make the announcement. […]

During his time in the White House, he helped shape the president’s stimulus program at the beginning of Obama’s first term, and he was a core contributor to the shaping of the president’s health care law. More recently, he played a public role in warning that the $1.2 trillion in automatic spending cuts that went into effect in March could cause dire consequences for the economy.

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