The Obama administration should never have turned to these guys for economic advice, and their record since January has only proven this. The president should listen to Peter DeFazio and replace them.
There are plenty of options, of course, including progressive economists like James K. Galbraith, Robert Reich, Paul Krugman, Joseph Stiglitz, Dean Baker, who could refocus not only the Obama administration away from Wall Street but help create a new path for the economy as a whole.
Author: hankkalet
Hank Kalet is a poet and freelance journalist. He is the economic needs reporter for NJ Spotlight, teaches journalism at Rutgers University and writing at Middlesex County College and Brookdale Community College. He writes a semi-monthly column for the Progressive Populist. He is a lifelong fan of the New York Mets and New York Knicks, drinks too much coffee and attends as many Bruce Springsteen concerts as his meager finances will allow. He lives in South Brunswick with his wife Annie.
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Then what would \”poor\” Goldman Sachs do?