Economist and Obama administration ally Austan Goolsbee said that the president’s policies have created economic uncertainly.
During an interview with CNBC this morning, Goolsbee was asked if Obama’s economic policies have exacerbated doubts in the business world:
"Certainly in different aspects, I believe there has been some policy uncertainty. Now, it wasn’t random in many cases the argument about high income tax cuts, for example, and should they be extended. The president’s position from going back to 2007 was, at a time when we don’t have money, it doesn’t make sense to give up trillions of dollars to keep high income tax rates the lowest they’ve been in 65 years. One argument you could say is, well, that adds uncertainty."