Daily Archives: July 1, 2010

The Worst Economic Team in American History by Gregory Hilton

The members of the worst economic team in American history: Larry Summers, Director, National Economic Council, OMB Director Peter Orszag, Treasury Secretary Tim Geithner and Christina Romer, the Chairman of the Council of Economic Advisers.

In the post World War II era, which one is the worst? Would it be the economic team of Barack Obama or Jimmy Carter? Many pundits would understandably pick Carter. He left the nation with high unemployment as well as staggering inflation and interest rates, both of which topped 18 percent by early 1980. Continue reading