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Grading Obama’s Economic Policies

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    Former White House Economic Advisor Austan Goolsbee on the Presidential race.

  • Duration 5:29
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-- still obsess about this -- to in the Republican Party I don't know why Austan Goolsbee the former.

Did top economic advisor to the president of the united since this.

Presents a real -- -- security was a tidy right -- you you're right outside you were phony in.

But finally we -- Q and I don't clearly good to see I was never to get -- posted daddy.

-- You're an economic genius.

So help me with this -- Itself like a church where it is an area it is not meant to -- but.

This president has got to make you forget the first year of his presidency to -- Nobody was creating you could argue was good for the country and it would create what would start to be at February 20 in -- country.

But that doesn't negate the fact that it took a year to get that -- -- a lot of jobs have been lost so net net he still down.

Two million jobs he's gonna have a focus on the four billion -- since that's his favorite -- but.

Do you think voters are gonna buy.

This note 200%.

Certainty that's got a political question I don't know I think.

If you step but in the middle of -- falling down.

It's not exactly appropriate to blame.

The person came in in the middle for the falling.

So I would argue logically.

What happens.

After the first it really at six or eight months not not a fool you.

Europe.

They only analogy I think we have the closest his 2004.

In 2004 if you recall.

George Bush ran ads we've added one million jobs in the last year and would people criticize George Bush and said.

What what about all the jobs lost in the beginning they said.

Look we inherited conditions that were not of our making the recession of 2001.

And so that shouldn't that you shouldn't be getting that on the policies of the Bush Administration since we didn't do that.

I think that same thing it's logically true about evaluating the Obama policies you can say look.

You don't think the growth rate has been high enough the last two and a half years but I think.

What some people doing saying well let's go back to February of 09 and count the jobs lost what he's been in office for ten days that seems -- -- Bob Marley -- but you're professor I wanna pursue this would be.

The incomplete to the president said it yet degraded so -- it didn't somebody completes yeah.

When I was -- fight requested -- completed it meant I was a loser and that I would surely.

Fail if not -- the -- complete.

Well but he's not dreaded drop -- as we have had a final exam yeah but the exams are -- whatever you want it makes you want an extended down right.

Is that what extended the election -- you want reported more years and give me time and I'll get this great right.

Right always saying it is the term is not over.

The exams on November 6.

And you could decide you know that's what it's America people's -- -- -- I understand -- -- are but it I needed if a student can be he would say today professor.

Can I get any complete on this -- -- articles finishing a paper on very close to doing what what would you do he did.

Net look at is that going to be a lot of time but -- all about every possible.

Explanation.

If the student came to -- and said however my doing in this class.

Before the final I would say here's a -- -- so far we don't know what your greatest yet we have to see your -- That's was the context I thought this was then he was an answer for you -- who don't give.

We agree I think that your giving it's a -- read pod and here's average on the professor affect you would fail me as a student but I I'm reading into this.

I'm not done.

I'd I don't want what's -- get this done -- it's okay you know like what I delivered to professor.

But you -- -- have to.

You've got to give me complete so likely prove that -- what would you have preferred he said how would be afraid that they if it with a context that I describe which is our greatest not in yet Bartlett -- isn't -- -- -- -- elaborate Lebanon on of the grade the election is based.

On how you doing that's the great you're getting based on on Election Day how people perceive you dude you're getting deal words.

They're gonna vote yet obviously isn't just said that's degrade -- teacher in this class is -- wire two grade would you give this president right now in this recovery.

I'm not allowed to say to -- good -- at.

-- hot I would say that on.

What conditions are.

The conditions are great I'd say on what he did -- history is gonna look back and see that the avoiding public depression was a major major accomplishment that may have they'll elect your -- -- professor and -- -- political I think that was a major accomplishment so that I give a multi plus.

You give -- could -- Grenada then I'm you know I sort of take it that's an undercover back to well I wanna radiologist what are the conditions up but obviously that's not -- I don't know -- -- right now.

Right now.

What we write this recovery right now don't talk about what he got -- -- but he inherited or right now policy went recovery right now.

The conditions.

I would not great -- -- you -- -- later the -- definitely not a lawyer -- we talk like note your very good Aussie take you -- undermined its they had extra put it definitely did that's to get your he's -- -- -- -- what was.