White House economist jokes: Obama strategy is communism
The Obama administration formulates its economic policies from the playbooks of communist philosophers Karl Marx and Leon Trotsky, joked White House economic adviser Austan Goolsbee.
“I mean, it’s been a long, long time since things were this bad, so we kind of had to go back and look at the old textbooks – Karl Marx, Trotsky – and the thing that we found was that it was critical that we do something,” Goolsbee quipped at the 16th annual “D.C.’s Funniest Celebrity” contest.
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