Jon Stewart Asks Austan Goolsbee: Is The U.S. Too Big To Fail?
The Daily Show's Jon Stewart to White House CEA Chief Economist Austan Goolsbee:
- Are we broke?
- Is The United States too big to fail?
- Who is big enough to bail us out?
- Could we qualify for the Countries for Clunkers Program?
Goolsbee is the worst type of economist--incessantly political and biased, essentially a shill. Listen to his response about the stimulus. Just 8 weeks ago there was rumbling about a new stimulus when only 15-20% of the current one has been spent. Now, Goolsbee is giving the 80% un-spent, generational rip-off credit for ending the recession. Did we mention we hate political economists, as though the pseudo-science needed further trashing.
To Stewart's credit, he pushes Goolsbee on the deficit, reminding him that we need a magical Leprechaun to escape our budget problems. It's a funny clip.
The Daily Show With Jon Stewart | Mon - Thurs 11p / 10c | |||
Austan Goolsbee | ||||
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Daily show political and financial comedy with Austan Goolsbee...broadcast August 11.
Reader Comments (5)
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I think we all predicted this months ago -- and when it turns out later that it DIDN'T "work", well, then the stimulus just wasn't big enough. Count on it. It's coming.