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Fmr. Obama Economic Adviser Now Blaming Earthquake For Economic Woes

Former Chairman of the Council of Economic Advisers and senior economic adviser to President Obama Austan Goolsbee appeared on FOX News' "Hannity" to defend the President and the economy.

Earlier in August President Obama cited the earthquake and tsuanmi in Japan and the Arab Spring as reasons why the economy has not improved.

Goolsbee in his own words: "In the year 2010 which is when most of the clips when the president was saying we were going to grow again. We were growing and over that 17 months we added two-and-a-half million jobs.

"Now, at the beginning of this year we get earthquakes, tsunamis, revolutions in the Middle East, European financial crises, now they even have earthquakes out of Washington, D.C. I mean, we've had a series of things that have put some heavy blows and slowed the economy back down again. But, I think it's a little -- I don't think you want to confuse something that is way down and starting to grow out."

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