Economy & Policy

The coming economic-adviser gridlock at the White House

By Justin Fox | November 26, 2008 | +

The President-elect has announced the appointment of yet another slate of high-profile economic advisers, the President’s Economic Recovery Advisory Board, with Paul Volcker as chairman and long-time Obama guy  Austan Goolsbee as the head staff guy. So there’s that, the National Economic Council headed by Larry Summers, the Council on Economic Advisers headed by Christina Romer, the Treasury Department headed by Tim Geithner, the Office of Management and Budget headed by Peter Orszag … Am I missing anybody?

Well yeah, Jason Furman–a top Obama economic aide during the campaign–whom I imagine will soon be appointed to run the Coordinating Council of Economic Advice-Givers.

Related Topics: Economy & Policy

  • Latest on Business

    Don Emmert / Getty Images
    Apple February 10, 2012

    Apple Now Worth More Than Microsoft, Google Combined

    How high can Apple soar? The tech juggernaut is closing in on $500 per share, a dramatic psychological threshold that underscores the company’s stunning performance over the last decade. How massive has Apple become? It’s now worth more by market capitalization than Google and Microsoft combined. The company’s latest stock price surge is being fueled by rumors that a new version of the iPad — the iPad 3 — will appear next month.

    From our Partners

    Chipotle Is AppleSlate

    Photo-Illustration by Alexander Ho for TIME; Getty Images
    Technology & Media February 10, 2012

    After Motorola Deal Approval, Can Google Hardware Be Far Behind?

    Now that federal regulators appear poised to approve Google’s $12.5 billion purchase of Motorola Mobility, speculation is mounting about what the Internet giant will do with its newly acquired assets. And what assets they are. Once the deal is formally approved — an announcement could come next week, according to multiple reports — Google will be in possession of some 17,000 patents related to mobile phone technology. And it will be well-situated to enter the hardware business, which could mean that consumers will soon see Google-branded phones and home entertainment devices.

  • felixsalmon

    Don’t forget the Domestic Policy Council, or, for that matter, the White House Chief of Staff, Rahm Emanuel, who will be surely be unable to prevent himself from piping up occasionally on the subject of the economy.

  • dumdedumdum

    Let me suggest that another new economic policy type should be given a post, with the position title “The Other Hand”

blog comments powered by Disqus