Obama Adviser: U.S. Is in 'Economic War'

A top presidential adviser says the U.S. is in an "economic war" -- one that is not being won yet.

Economic aide Christina Romer says she agrees with investment mogul Warren Buffett, who used the "economic war" phrase last week to describe the nation's economic woes.

In Romer's words, "We haven't won yet. We have staged a wonderful battle."

Romer heads the president's Council of Economic Advisers. She says the White House believes the fundamentals of the economy are strong.* Romer says the administration is looking at the long-term view, not the daily ups and downs on Wall Street.

[*Was this not the phrase the MSM (and Obama) bludgeoned Bush with again and again when our economic situation was unquestionably better than it is now?

Sand by for a 24/7 MSM-storm over this administration's identical claim. Right?]

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