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Economic News, Data and Analysis

Cleaning House

What’s interesting here is the lack of serious economists being mentioned for economic posts…
**Note/Update: A reader pointed out that Jim Poterba is mentioned in the below article. I did not mean to imply that Jim is not a serious economist – indeed I think he is very serious and very good. (Perhaps that is why he turned down the job?)

Bush to Change Economic Team (washingtonpost.com)
President Bush plans to overhaul his economic team for the second time in two years and wants to tap prominent figures outside the administration to help sell rewrites of Social Security and the tax laws to Congress and the country, White House aides and advisers said over the weekend.
The aides said the replacement of four of the five top economic officials — including the Treasury and Commerce secretaries, with only budget director Joshua B. Bolten likely to remain — is part of Bush’s preparation for sending Congress an ambitious second-term domestic agenda.

One senior administration official said Treasury Secretary John W. Snow is free to stay as long as he wants, provided it is not very long.

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