Sunday, August 7, 2011

Former Obama Budget Chief Peter Orszag Says White House Economic Projections Are Far Too Optimistic

Just when Obama thought things couldn't get any worse, his former budget chief Peter Orszag comes out tonight and publicly declares the White House official economic projections as full of sh*t.
Moody's and Fitch....are you still sure about that triple A?

Headlines from Orszag:


  • ORSZAG: OFFICIAL U.S. ECONOMIC PROJECTIONS 'TOO OPTIMISTIC'
  • PETER ORSZAG IS A FORMER WHITE HOUSE BUDGET CHIEF
  • CITIGROUP INC.'S PETER ORSZAG COMMENTS ON BLOOMBERG TELEVISION