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Former Obama Economic Advisor Austan Goolsbee Is Not So Sure About Cash For Clunkers Anymore

RNC Communications - October 20, 2011

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MSNBC’S Willie Geist: “So were there things you would’ve done differently now that you’re out - a couple years out?”

Former Obama Economic Advisor Austan Goolsbee: “I think, in the original Recovery Act, because we didn’t know is this going to be short or long, it had some of all of that. It had some infrastructure; it had some short-run things. So, if you look at the Cash for Clunkers or first home buyer tax credit, those were geared more to try to shift it from let’s say 2010 into 2009. Given that it’s taken this long, I don’t think you would do that short stuff.” (MSNBC’s “Morning Joe,” 10/20/11)


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