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Wednesday, September 29, 2010

Economics: How Did President Obama's Outgoing Economic Team Do?

With Peter Orszag having left the Office of Management and Budget, Christina Romer departing from the Council of Economic Advisers and Lawrence Summers stepping down from the National Economic Council, The Post asked experts to rate the work of President Obama's outgoing economic team.
Going forward, the biggest risk to the economy is that we expect too much from policymakers. They can't save us from several years of depressingly slow growth, and too much pressure on them to pull magic rabbits out of their hats will lead only to counterproductive quick fixes.

For much more, see How Did President Obama's Outgoing Economic Team Do? by Mark Zandi, N. Gregory Mankiw, Dino KOS, Diane LIM Rogers, Douglas Holtz-Eakin and Sebastian Mallaby, September 26, 2010 at The Washington Post.

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