Obama bemoans: Everyone's an economist

WASHINGTON (AP) - President Barack Obama says in Washington these days, everyone's an economist - or thinks they are.

Obama introduced a team of outside economic advisers Friday at a White House ceremony in which he also renewed his demand that Congress act quickly on his economic recovery package.

As the country struggles with the worst financial crisis since the Great Depression, Obama said there has been no shortage of advice on how to solve the nation's woes.

"You've got some economists and some folks who think they're economists. By the way, these days everybody thinks they're economists," he joked.

(Copyright 2009 by The Associated Press. All Rights Reserved.)


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