The coming economic-adviser gridlock at the White House
The President-elect has announced the appointment of yet another slate of high-profile economic advisers, the President's Economic Recovery Advisory Board, with Paul Volcker as chairman and long-time Obama guy Austan Goolsbee as the head staff guy. So there's that, the National Economic Council headed by Larry Summers, the Council on Economic Advisers headed by Christina Romer, the Treasury Department headed by Tim Geithner, the Office of Management and Budget headed by Peter Orszag ... Am I missing anybody?
Well yeah, Jason Furman--a top Obama economic aide during the campaign--whom I imagine will soon be appointed to run the Coordinating Council of Economic Advice-Givers.
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Don't forget the Domestic Policy Council, or, for that matter, the White House Chief of Staff, Rahm Emanuel, who will be surely be unable to prevent himself from piping up occasionally on the subject of the economy.
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Let me suggest that another new economic policy type should be given a post, with the position title "The Other Hand"
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