AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.
What we have now is the threat of increased taxes and no one knows how much Obamacare will cost. As a business person would you hire more people now? in the meantime the people that are working have more take home pay. That is a good thing.