My confidence in the Obama administration’s leadership dwindles daily. Seeking economic advice from Twitter? Really?

Twitter cofounder and CEO Ev Williams is headed to the White House today.

The administration invited him to join a “young business leaders” summit to discuss the economic crises.

As Ev himself puts it — in a Twitter message, of course — “[this] must mean they’re *really* out of ideas.”

And here’s what makes this story especially funny:

A reminder: With 6 million members and 700% plus growth, Twitter makes no money in the US. (It sells some ads in Japan).

So Obama wants economic advice from a “business” that makes no money but is really, really popular?

Actually, knowing that it’s Obama we’re talking about, that makes a lot of sense. His whole administration is about the superficial, but hey — it’s really, really popular!

And don’t get me wrong — I have nothing against Twitter itself. I love Twitter. (You can follow me here). I do, however, think it’s more than a little ridiculous that the White House is trying to get economic advice from Twitter. And if even the cofounder is laughing about it, you’d think Obama would get the hint, too.

Hat Tip: Spencer Pederson on Twitter