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Cristina Romer, on her way out the door, calls for "innovative, low cost policies" on disemployment, disinvestment

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Thu, 09/02/2010 - 10:47am — lambert

Pravda has the detail for the wannabe insiders. Romer's all "nobody could have predicted," and she was one of the better administration economists, which is why she's on the way out.

Why not a Jobs Guarantee?

That would be "innovative." And more than pay for itself.

Of course, that would mean that disemployment, and disinvestment from this country for investment elsewhere, weren't policies supported by the MOTU, hence Versailles, hence the legacy parties. Oh well.

NOTE "Low cost" is rich, given that the bailouts, which The Big O fully supported and whipped for, along with the D misleadership, were the largest upward transfer of wealth in world history.

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