Please don’t insult our intelligence.

(Politico 44) — President Obama spoke on the phone Thursday morning with Treasury Secretary Tim Geithner, budget director Jack Lew, the economic adviser Gene Sperling and chief of staff Bill Daley, the White House said in a statement. “He received his regular briefing on the economy,” the statement sent. “The group also discussed the progress being made on the new jobs proposals and deficit reduction measures that the economic policy team has been developing this week.”