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Obama Cites Campaign Donor as 'Non-Partisan Economist'

Crony economics.

3:02 PM, Jul 16, 2012 • By DANIEL HALPER
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At a speech earlier today in Cincinnati, Ohio, President Obama cited economic analysis conducted by one of his campaign donors, Kimberly Clausing, and called her a "non-partisan economist." Clausing, a college professor from Reed College, has donated to President Obama and several Democratic politicians and causes over the last dozen years.

"We have not found any serious economic study that says Governor Romney's economic plan would actually create jobs, until today," Obama said. "I've got to be honest: Today we found out, there's a new study out by [a] non-partisan economist that says Governor Romney's economic plan would in fact create 800,000 jobs. There's only one problem: The jobs wouldn't be in America. They would not be in America."

The Obama campaign earlier today touted this same study by Clausing. "Economist Kimberly Clausing writes that, under current economic conditions, ‘those new, low-tax-country jobs could displace jobs at home,'" an unnamed campaign official told Politico.

As we detailed earlier, "Clausing, according to donor records, gave Obama for America $250 on May 18, 2012. Likewise, on September 14, 2011, Clausing gave $242 to Obama for America, records reveal."

In addition to her financial support for Obama, Clausing has donated money to the Democratic Party of Oregon ($250), the Democratic Congressional Campaign Committee ($500), the Democratic National Committee ($500), John Kerry for President ($1,000), Dean for America ($300), Gore and Gore/Lieberman ($1,500), and many others.

The Oregonian has called Reed College, where Clausing teaches, "one of the most liberal and academically liberal colleges in the nation."

Ironically, the Obama campaign's citation of a donor's economic research happens to coincide with the same day that the Romney campaign is hitting them for engaging in crony capitalism.

Today, it seems, President Obama is engaging in crony economics. 

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