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Secretary Timothy Geithner is the last part and standing on the president's original economic team this week.
Top Obama aide Austan Goolsbee announced his resignation.
His departure follows -- of Lawrence Summers Christina Roemer Peter -- -- and Paul broker.
Is the White House than any position now to address the new signs of weakness of merging and our economy joining us now from Washington Chris firewall.
Fox News digital politics editor Chris good to have you -- this.
My goodness they the -- -- -- team is gone.
Is this did they put up a white flag and surrender and retreat or what what's the deal.
Well you know I was saying it just as I was listening to you live that maybe the reason they quit doing the daily economic brief is that there was nobody left a brief the president it would have just it was just doing Geithner sort of sitting there looking at each other it makes you wonder who's briefing right now doesn't.
Well I I think what we're seeing and -- that's with the discontinuing.
Of the daily brief.
And last week you had the nomination.
To be the head of the Commerce Department be the secretary of Commerce Department.
I think you saw the administration was ready for its -- its transition into.
Last summer was recovery summer this was going to be stability some of their gonna talk about summer -- recovery crew as site writer felt were good you could feel -- comment.
And this year I think they thought they were going to be ready to transition into its stability load and talk about how the economy was growing the president was gonna out.
All the success of the bailouts in Detroit and on and on not.
What happened that very next week and as the president was going to talk about that stuff was.
This absolute cascade.
Of terrible economic news that put everybody back on their heels.
Now you see the administration.
Scrambling to try to get a new phase get something out there and I would say that for Austan Goolsbee.
When he went out in the wake of those terrible jobs numbers last week and called -- a bump in the road.
I think that was probably the end of Austan Goolsbee as the top man on the economy and -- it.
They've kept him kick him out of the White House because.
He couldn't come up with an expression like under the boss or whatever.
-- Something more dire sending them -- -- well I think.
Goolsbee has been with Obama since he was in the senate he's -- -- University of Chicago professor he was the spokesman for the economy on the campaign.
He's been central to the Obama are you saying that and -- is tired of the president.
I think I don't know who's tired of who but somebody's tired -- somebody because you wouldn't have your top economic advisor announced his departure to go back to teaching in the middle of all this terrible.
So where is Gene Sperling where is -- is that even the the Scotland -- of an economic team.
You know we obviously we have Timothy Geithner let me rephrase that and feel better about it the president has Secretary Clinton.
Well I think you're gonna see a bunch of new faces that is my prediction is that the White House knowing that they're getting just.
Hammered on the jobs issue hammered on the economy.
Leading the opening for people like Mitt Romney -- Tim -- today just -- the hide off the president on jobs in the economy John Boehner did the same thing on Ohio.
I think what you're gonna see is a new look economic team from the administration.
Question is where they gonna go because obviously they don't have the support in their base.
Chris we're doing now there's the question is where they got to come from the forget what we're gonna go.
I mean I don't see the framework for an economics team of any substance any real substance here.
Yet and there's nothing left there are no more rabbit to pull out of -- hat as far as keynesian kind of stimulative economics -- we -- -- won't lose that it's worked so.
It certainly the president wouldn't.
Be ready to make a move to the right and start talking about the cut and -- plan that the Republicans are always -- it.
So right now they're kind of the -- -- but they better come up with something fast because they're losing ground on 2012 very quickly.
-- -- spiral that was our scrutiny everywhere thank you you've got.
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