Goolsbee: `We're gonna grow'
When he was still a top economist in the White House in February, Austan Goolsbee went on the Daily Show and made a bold promise:
"We got a budget and we got a jobs council. And that's what I've come down to tell you: We're gonna grow our way out of this thing, Jon."
The budget, of course, was D.O.A. And the jobs council has been M.I.A. As for growth, the economy expanded by a whopping 1.3% in the second quarter, and just 2% in the third. -- Lex Haris