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Romer Resigns as Obama’s Chief Economist

HeadlineAug 09, 2010

President Obama’s chief economist, Christina Romer, has resigned saying she wants to spend more time with her family. On Friday, she expressed regret for predicting last year that the federal stimulus package would keep the official unemployment rate under eight percent. Romer is the second senior member of Obama’s economic team to depart in recent weeks; White House budget director Peter Orszag left in July.

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