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Old 26-11-2008, 02:50 AM   #51 (permalink)
sabang
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The Christian Science Monitor seems happy enough:-

So far, the president-elect has shown himself to be a nimble pragmatist in response to the economy's rapid decline since his Nov. 4 election victory. With jobless claims at a 16-year high and rising, America's preferred agent of "change" has had to change his own transition agenda very quickly.

Instead of picking his national-security team first, as expected, Mr. Obama moved fast to assemble an economic team in order to reassure Americans and the world that he would be ready to act on Jan. 20. Markets can not afford a leadership vacuum...


All the members of Obama's economic team reflect his decision to put competency ahead of ideology. One of his more intriguing choices is Christina Romer as head of the President's Council of Economic Advisers. As a professor at the University of California-Berkeley, she has argued in academic papers that tax increases have a negative effect on investment.

Obama's nimble economics | csmonitor.com
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