- The Washington Times - Sunday, March 15, 2009

WASHINGTON (AP) - A top presidential adviser says the U.S. is in an “economic war” _ one that is not being won yet.

Economic aide Christina Romer says she agrees with investment mogul Warren Buffett, who used the “economic war” phrase last week to describe the nation’s economic woes.

In Romer’s words, “We haven’t won yet. We have staged a wonderful battle.”

Romer heads the president’s Council of Economic Advisers. She says the White House believes the fundamentals of the economy are strong. Romer says the administration is looking at the long-term view, not the daily ups and downs on Wall Street.

Romer also says it is premature to talk about a second economic stimulus package that some Democratic allies are seeking.

Romer appeared on NBC’s “Meet the Press.”

LOAD COMMENTS ()

 

Click to Read More

Click to Hide