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FNC Digital Politics Editor Chris Stirewalt on Obama’s need to gather a new economic team to help advise him.
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Secretary Timothy Geithner is the last -- and standing on the president's original economic -- this week.
Top Obama aide Austan Goolsbee announced his resignation.
His departure follows that of Lawrence Summers Christina -- Peter Orszag and Paul broker.
Is the White House than any position now to address the new signs of weakness -- -- and our economy joining us now from Washington Chris firewall.
Fox News digital politics editor Chris good to have you -- this.
My goodness.
The whole economic team is gone.
Is this did they put -- -- white flag and surrender and retreat or what what's the deal.
Well you know I was think 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 -- 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.
Bryson.
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 gonna be stability some of their gonna talk about summer -- recovery gross science writer -- good you could feel -- comment.
And this year I think they thought they were gonna 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 -- 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 gets 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 at a bump in the road.
I think that was probably the end of Austan Goolsbee as the top man on the economy and -- -- They -- him kicked 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 should 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 -- but -- -- -- somebody because you wouldn't have your top economic advisor announce his departure to go back to teaching in the middle of all this terrible.
So where is Gene Sperling where is that where is that even the they Stalin -- of an economic team.
You know we obviously we have Timothy Geithner -- 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 think 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 and their base.
Chris we're -- now there's the question is where they're gonna come from the forget what we're gonna go all.
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 its hat as far as keynesian kind of stimulative economics there we will certainly lose that -- -- so.
It certainly the president wouldn't.
Be ready to make a move to the right and start talking about the -- -- plan that the Republicans are always selling.
So right now -- kind of the calmed but they better come up with something fast because they're losing ground -- 2012 very quickly.
-- -- spiral those loans written everywhere thank you you've got.
