Wednesday, January 19, 2011

The Obama economic team v1.0

The Times Magazine article on the emerging jobs policies of the Obama administration and its economic team v2.0 - with Gene Sperling, Austan Goolsbee, and Jack Lew having replaced Larry Summers, Christina Romer, and Peter Orszag from v1.0 - focuses more on the challenges faced by the latter group. It provides some insiders' perspectives on the way the 2009 stimulus package was created. And like all media reports, it digs up dirt. I especially liked how Summers gave a three-hour interview over dinner but requested that all quotes come from email correspondence in which he sharpened his messages. It's a wise choice!