HASS OBAMA'S ECONOMIC TEAM THOUGHT ABOUT THE WHOLE OF THE RACE TRACK?
Warren Buffet said some really good things, this morning, but the rightwing press may distort them (especially to try to stir up trouble and doubt, given their failure wishes).
Buffet is wrong about not tackling "controversy", I think, except maybe things that will divert too much time from the Administration. Obama wasn't just elected to fix the economy. What's more, if Obama-Biden spin out, 'on the economy' or otherwise, the nation will be delivered into the hands of Rush Limbaugh, right now. Just think about that. ...
'Take care of the "social stuff" later' is not going to work.
If one waits, the next calling card will be that the new programs are in danger of choking off the nascent recovery. The time is now, to the extent they have the preparation and capacity to mount the kind of fight needed to get their idea into law.
MASTER OF EVENTS
Summers, Geithner, and Orzag have the outline of a fairly good script (Christina Romer I've only heard talk publicly once - does she keep a media schedule?). They all just need to fill it out, especially the banking and housing parts - and in other important ways, and take it on the road.
Investing in efficiencies during slack times is a good idea, both in healthcare and energy. When scripting a recovery trajectory, such are the kind of thing that investors will relish.
Monday, March 9, 2009
Scripting Economic Recovery
