Word: romers
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...Like Bush, Obama has failed to install an economics commander in chief who can serve as the public face and the in-house honcho of the Administration's financial team. Treasury Secretary Tim Geithner, National Economic Council chief Larry Summers and Council of Economic Advisers chair Christina Romer all bring strengths to their positions, but none is especially effective at conveying either a consistent message or a sufficient urgency, and none stands out symbolically or practically as America's economics czar. It is not practical for the President himself to serve as the daily...
...brief interview with The Crimson after his speech, Krugman said that he wishes there were “more heterodox voices” in Obama’s economic team. But he reserved praise for Christina D. Romer, chair of the Council of Economic Advisers, saying, “As far as I know, she wanted a bigger stimulus...
...fact, while Volcker did have some policy disagreements with Geithner and National Economic Council chairman Larry Summers - who were not eager to dismantle large banks and did not see how proprietary trading contributed to the crisis - those ideas had support from White House economists like Christina Romer and Austan Goolsbee of the Council of Economic Advisers and Jared Bernstein in Vice President Joe Biden's office. Volcker was never really persona non grata; he's friendly with Biden, and Goolsbee says Volcker spoke "extensively and repeatedly" with all the key players - including Obama. Still, White House officials were increasingly frustrated...
...unless Bernanke is an unusually good liar, he is a moderate Republican at heart, a market-based Keynesian who has a lot in common with Obama economists such as Larry Summers or Christina Romer, a pragmatist whose defining political experience before the past couple of years was getting screamed at by antitax activists while serving on a local school board. He's also a longtime inflation dove, and since the crisis began he's shown unprecedented willingness to jam the accelerator. It's true that he talks a fair amount about hitting the brakes someday, but he hasn't even...
Before its holiday break, the House voted to continue extensions as part of its $154 billion second stimulus package, and the Senate is set to consider that. On Jan. 10 presidential economic adviser Christina Romer suggested that there was a "need to do more." With unemployment hanging at a stubborn 10% and the release of another troubling jobs report last week, why not do more for the jobless...