Greg Mankiw's Blog: Summers to the NECI wonder: What role will the Council of Economic Advisers have in the new Obama administration? And how will the CEA and NEC get along?
When I worked for President Bush as CEA chair, the NEC and CEA had distinct and complementary roles. The CEA was staffed by professional economists, many from academia, whose expertise was economic analysis. By contrast, the NEC was staffed by those with experience on Wall Street and Capitol Hill. The NEC's main role was to coordinate the policy process, to act as an honest broker, to make sure that all points of view were heard, and to facilitate discussion among the relevant departments so all felt they had a fair shot to make their case. Steve Friedman, formerly of Goldman Sachs, ran with NEC with impressive intelligence, humility, and diplomacy.
WOW conjuration congregations
Larry Larry Summer on a hot seat, if I were him I buy 70 pair socks all black and so never mixed colors so never wrong so he can take his feet at work so no one looking at his feet but only his brain and mouth, wonder how much candy he will make, he might have a remote control for the universal map, buzzzzzzzzzzzz buzzzzzzzz, wouldn’t be nice to have a control tower with a nice buzz remote control.
