US Adviser Chuckles Romer 'Incredibly Confident" of Recovery

Christina Romer, head of the White House's economic advice council, told Fox TV "we will be seeing signs the economy is turning around". She is "incredibly confident" the US economy will recover within 12 months. Says "private forecasters" expect we will "bottom out this year". She failed to say whether the "private forecasters" work for AIG. Here, the BBC account:

A key adviser within US President Barack Obama's administration says she is "incredibly confident" the US economy will recover within 12 months.

Christina Romer, head of the White House's economic advice council, told Fox TV "we will be seeing signs the economy is turning around".

She also told CNN that the US recession would "bottom out" in 2009, predicting economic growth later this in the year.

[...]

Speaking on CNN, Ms Romer said she had "every expectation, as do private forecasters [emphasis mine], that we will bottom out this year and actually be growing again by the end of the year".

[....]

"Incredible" is the word here. But let's give her a shot. (No, not the kind you want to give AIG, Shitigroup and Goldman Sucks.) The clock is running. Let's see if on April 1, 2010 -- April Fool's Day -- unemployment is decreasing, foreclosures are decreasing, housing precises have stabilized, etc.

What? You don't think that's what Chuckles has in mind? (Yes, 'Chuckles'. Watch the video -- see if she isn't always smiling -- the mark of a liar.)

You think Chuckles means the stock market will be recovering? That billionaires will be back to billions? Yeah, that's what I think too.