New chief of staff a low-key, long-time insider

[zipplewrath]

1. Another guy not listening to Krugman

"Intensely private, Lew is often defined as a "pragmatic liberal," one who embraces core progressive notions about the role of government but understands the need to find bipartisan solutions to control deficits and reduce the national debt."

The debt is way down the list of priorities about right now. And the primary method of getting revenues up, will be increased taxes in the short run, and an expanding economy in the long run, with possibly some slight, long term, inflation.

But no one in the White House is listening to Krugman so we'll probably get more right leaning fiscal policies. More tax cuts, more spending cuts, less stimulus.