Obama Economic Advisers Crush Doug Holtz-Eakin

Here's the highlights clip from a debate between Austan Goolsbee and Doug Holtz-Eakin at the Council on Foreign Relations. Starting at the 7:35 mark he's just mocking Holtz-Eakin, and he has the CFR crowd in stitches.


And here's this great dual interview on Bloomberg with Jason Furman and Holtz-Eakin. My favorite part is about 2:30, where Holtz-Eakin making the laughable claim that the increase in inequality in the Bush years is just due to rising returns to education, rather than, say insane executive compensation. While he's speaking, the screen displays a summary table from the Piketty and Saez inequality work, which shows that over 2002-2006 the average income gains for the top 0.1% were 57.5%. Those are some juicy returns!