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Nov
24
Here they are, from First Read:
Christina D. Romer, Director of the Council of Economic Advisors
Christina Romer is the Class of 1957 Professor of Economics at the University of California, Berkeley, where she has taught and researched since 1988. Prior to joining the faculty at Berkeley, Romer was an assistant professor of economics and public affairs at Princeton University’s Woodrow Wilson School of Public and International Affairs. Romer is co-director of the Program in Monetary Economics at the National Bureau of Economic Research and has been a visiting scholar at the Board of Governors of the Federal Reserve System.Melody C. Barnes, Director of the Domestic Policy Council
Melody Barnes is co-director of the Agency Review Working Group for the Obama-Biden Transition Team, and served as the Senior Domestic Policy Advisor to Obama for America. Barnes previously served as Executive Vice President for Policy at the Center for American Progress and as chief counsel to Senator Edward M. Kennedy on the Senate Judiciary Committee from December 1995 until March 2003.Heather A. Higginbottom, Deputy Director of the Domestic Policy CouncilHeather Higginbottom served as Policy Director for Obama for America, overseeing all aspects of policy development. From 1999 to 2007, Higginbottom served as Senator John Kerry’s Legislative Director. She also served as the Deputy National Policy Director for the Kerry-Edwards Presidential Campaign for the primary and general elections. After the 2004 election, Higginbottom founded and served as Executive Director of the American Security Project, a national security think tank. She started her career as an advocate at the national non-profit organization Communities in Schools.
The names of Timothy Geithner as Treasury Secretary and Lawrence Summers as Director of the National Economic Council were leaked last week:
Timothy F. Geithner, Secretary of the Treasury
Timothy Geithner currently serves as president and CEO of the Federal Reserve Bank of New York, where he has played a key role in formulating the nation’s monetary policy. He joined the Department of the Treasury in 1988 and has served three presidents. From 1999 to 2001, he served as Under Secretary of the Treasury for International Affairs. Following that post he served as director of the Policy Development and Review Department at the International Monetary Fund until 2003. Geithner is a graduate of Dartmouth College and the Johns Hopkins School of Advanced International Studies.Lawrence H. Summers, Director of the National Economic Council
Lawrence Summers is currently the Charles W. Eliot University Professor at Harvard University. Summers served as 71st Secretary of the Treasury from 1999 to 2001 and as president of Harvard from 2001 to 2006. Before being appointed Secretary, Summers served as Deputy and Under Secretary of the Treasury and as the World Bank’s top economist. Summers has taught economics at Harvard and MIT, and is a recipient of the John Bates Clark Medal, awarded to the American economist under 40 judged to have made the most significant contribution to economics. Summers played a key advisory role during the 2008 presidential campaign.
By Jill Miller Zimon at 1:46 pm November 24th, 2008 in Barack Obama, Economy, Government, Politics, PostWH2008
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16 Responses to “Obama names three women to top economic posts”
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Why do you think that more women aren’t upset with the Summer pick?
I’m not sure what you mean, Jason – most of the women I know ARE upset over Summers. Maybe it’s the press coverage or the not speaking out publicly?
Summers predecessor is from Harvard, his thesis Unintended Consequences: Critical Assumptions in the Clinton Health Plan
Summers…
http://www.whirledbank.org/ourwords/summers.html
http://mitpress.mit.edu/catalog/author/default.asp?aid=2209
Provocative to say the least…
http://harvardmagazine.com/2001/05/toxic-memo.html
I am ok with him…tell us what you see I say and do not hold back. We should be able to sort through it, he is provocative…the reality of an imperfect world, sorry we are out of rose colored glasses, nope, out of blinders as well.
The media doesn’t care if women are upset about Summers and some women appear to have given up because the message has been received loud and clear.
So, with these three women being picked, I’ve not been keeping track, does that get Obama closer to Clinton’s record of having the most women in his administration? Romer appears to be the best choice of those listed.
Hi Lisa Renee – I haven’t been keeping track either – I don’t know what his number was or what the parameters are that are being used re: which positions count, which ones don’t. Also, I don’t know because I haven’t been keeping formal track, but for example, there was no cabinet level Homeland Security dept. in the Clinton admin, but maybe there are some that have dropped off too since then? I’m just not sure.
Also some of the women that have been speaking out, have been treated less than civilly for pointing out there concerns.
Which there is more than just the sexism aspect of why Summers was a bad choice, not that it appears to matter now, but several focused on that.
Here where it’s stated:
And Larry Summers’s name is still being bandied about for Treasury, even though Summers, while Clinton’s Treasury Secretary, forced the deregulation of our financial markets and imposed disaster capitalism on Russia.
Or taking a look at wiki, not all of the information is sourced but if you look at what is sourced, it’s hard to see the argument of why Summers would be considered a good choice – link.
Though it appears that NOW actually supports him. Which demonstrates the disconnect out there.
Either I used too many links so I’m in moderation or my response went *poof*
Another helpful story, here:
The backlash from women’s groups may have pushed Summers off the short list for Treasury secretary. (which appears to not be true)
Only 33 women have held Cabinet or Cabinet-level appointments, according to the Center for American Women in Politics at Rutgers University. Bill Clinton holds the record for female nominees, appointing 14 during his two terms in the White House. He’s followed by George W. Bush, who put eight women in top-level posts.
Is Christina more brilliant than David? We should ask Laurence at least the very least he will be candid.
Christina would agree that if you are measuring quality then use a policy of performance.
In academics that’s publications, and the quantity as well as quality of those, among other measures of course.
http://www.nber.org/authors/christina_romer
I am very pragmatic and say two heads are better than one, maybe Obama is seeking dynamic duos? Cause he got two for the price of one with Romer and Clinton.
“policymakers act in part on the basis of their apparently misguided information.”
David Romer
If David Romer wasn’t considered then that makes it irrelevant to the discussion…I was judging from those selected. They are individuals not “sets”.
Nor would I personally put much value in what Summers felt.
A report from the Center for American Progress concludes that a $100 billion federal investment in clean energy technologies over 2009 and 2010 would yield two2 million new U.S. jobs, cutting the unemployment rate by 1.3% and put the nation on a path toward a low-carbon economy. The report, prepared by the Political Economy Research Institute at the University of Massachusetts, proposes $50 billion in tax credits for energy efficiency retrofits and renewable energy systems; $46 billion in direct government spending for public building retrofits, mass transit, freight rail, smart electrical grid systems, and renewable energy systems; and $4 billion for federal loan guarantees to help finance building retrofits and renewable energy projects. The Center believes that clean energy investments would yield about 300,000 more jobs than if the same funds were distributed among U.S. taxpayers. The clean energy investments would also have the added benefits of lower home energy bills and reduced prices for non-renewable energy sources, due to the reduced consumption of those energy sources
Melody C. Barnes?
This needs to be looked at further, secondary impact analysis.
I like to see HEAP redirected to eliminating gravity feed heating systems, seriously we are not efficient. The efficiency should go up and tax should be variable, it should float to keep prices high as an efforts made to reduce consumption.
Then what industries are using which commodities and why, industries examined to be globally competitive. Energy is a cost of doing business, a big one. Consistency and predictability, how can the auto industry retool if the price of gasoline floats? That’s secondary isn’t it, what you buy is reflected in the price of fuel. If the price is held constant then and above the market through variable tax then efficiency draws revenue back to government.
The tax applied to alternatives or the debt. What cannot happen is dependency on the tax, it can’t be thought of as fungible, thought of as regulatory and cyclical.
Yes and Bill Clinton was not considered for Secretary of State either. Your correct they are not sets, for the most part these people probably never see each other.
Jill – I’d say it is both. The press coverage has been pretty lacking, but if I were a woman, i’d be raising hell about it.
Well, as I know you know from your blog posts, men can be great feminists too.
Thank goodness.
Well, Summers left Harvard last summer and Harvard University felt it was a time for change. They selected Drew Faust to replace him who then was presented with Christina Romer as for a professor of economics. Oh yes and unrelated David as well, not to interpreted as that they are a “set” because they are not.
It was controversial as Romer tenured position was vetoed by Faust, with no explanation. David subsequently declined his offer with the Kennedy School…
“Well, as I know you know from your blog posts, men can be great feminists too.”
There you go…so if you are considering gender reassignment you have good reference for your application.
Sorry… been reading too much on related subject matter, my bad, back to relative discussion. What was that, one VJJ two VJJ, oh I lost count.