By John R. Burbank

It’s no surprise that President Obama continues to make missteps on economic policy — such as returning again and again to the “Grand Bargain”, more apt to result in a “Grand Take-Away”.

It’s no surprise because of the people he has surrounded himself with to discuss and design economic policy. Take Christina Romer, past chairwoman of President Obama’s Council of Economic Advisers. Last week in the New York Times (The Business of the Minimum Wage, March 2, 2013) she wrote an authoritative and absolutely wrong column, dismissive of actual evidence, regarding the minimum wage.

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