Earthquakes and Tsunamis and Revolutions, Oh My!
12:50 PM, Aug 26, 2011 • By DANIEL HALPER
President Obama's former chief economist Austan Goolsbee, who is actively fundraising for the president's reelection campaign, had a rather odd explanation for the economic woes on Sean Hannity's Fox News show (via RealClearPolitics):
Hmm. So that's why explains the high unemployment rate, the S&P downgrade, the slow growth rates, etc. But what's really odd about Goolsbee's remarks is that he left out a terrible menace to the economy: ATMs.