26
Jan
09

Our Economic Recovery Team

Transparency is what the President promised and so far he’s living up to his word.  Not being to politically active prior to our Primary Elections I’ve never paid to much attention to how our government actually operates and who dose what and when; mainly because of the limited information available or having to perform endless searches to find what I was after.

Today it’s open to all, readable (understandable) and timely, Politico came out with this posting just a few minutes ago, explaining whose on President Obama’s “Economic Recovery Team” and a bit of a bio on each of the key members.

Here are some main excerpts regarding the main personnel, but I haven’t encompassed all that was present, since space is limited.

Obama’s economic team

By JEANNE CUMMINGS
1/26/09 4:32 AM EST

Christina Romer, director of the Council of Economic Advisers, is a former economics professor at the University of California, Berkeley and a serious number cruncher.

She’s an expert on tracking economic outlooks and employment trends. And in a recent report, she estimated that an additional 5 million jobs could be lost this year without an economic stimulus package.

Through complex calculations, Romer aims to plot who will lose their jobs and, roughly, when. ……

Peter Orszag, director of the Office of Management and Budget, will oversee the implementation of the spending programs and develop the new oversight and transparency planks of Obama’s plan.

A year ago, Orszag was director of the Congressional Budget Office when it published a report studying the effectiveness of government stimulus programs in …….

Paul Volcker, head of the newly established Economic Recovery Advisory Board, will be the president’s eyes and ears outside of Washington.

In announcing the board, Obama said policy making in Washington can sometimes become too “ingrown.” The former Federal Reserve chairman and a team of other economic advisers are expected to monitor the pulse of Wall Street and Main Street and provide updates as the stimulus package is implemented.

The 81-year-old Volcker, who led the Fed during the Carter and Reagan administrations, also brings ……..

Lawrence Summers, director of the National Economic Council, will lead the daily economic briefings that Obama recently instituted at the White House to cover the wide array of recovery programs in play, as well as the state of the economy.

A Treasury secretary in the Clinton administration, Summers has also become the face of the administration on Capitol Hill as Timothy Geithner, Obama’s nominee for Treasury secretary, has been working through the confirmation process.

Throughout the transition and into the new administration, Summers, his deputy, Jason Furman, and …….

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1 Response to “Our Economic Recovery Team”


  1. January 26, 2009 at 11:05 PM

    Can they play soccer ?!!! I’ll never trust an economic recovery team that can’t play soccer properly …


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