energy investments, education reform and a new approach to regulating financial markets.' Obama's Brain TrustBy E. J. Dionne Jr.
Tuesday, November 25, 2008; Page A15
President-elect Barack Obama has now made
three things clear about his plans to bring the economy back: He wants his actions to be big and bold. He sees economic recovery as intimately linked with economic and social reform. And he is bringing in a gifted brain trust to get the job done. Just three weeks after Election Day, Obama has already expanded his authority by seizing on "an economic crisis of historic proportions," as he described it yesterday, to call for
a stimulus package that will dwarf anything ever attempted by the federal government. But
Obama is also using the crisis to make the case for larger structural reforms in health care, energy and education -- "to lay the groundwork for long-term, sustained economic growth," as he put it. Obama clearly views the economic downturn not as an impediment to the broadly progressive program he outlined during the campaign but as an opportunity for a round of unprecedented social legislation.
"He feels very strongly that this is not just a short-term fix but a long-term retooling of the American economy," said one of Obama's closest advisers.
"Obama has a holistic view of the economy. Health care is going to be part of it," the lieutenant told me, and so will green energy investments, education reform and a new approach to regulating financial markets. Obama further underscored his decision to tether social and economic policy by linking his announcement of Melody Barnes as the director of the White House Domestic Policy Council to the unveiling of his economic team.
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Obama's selection of a team of highly skilled pragmatists has already been described as a move to the political center, but Obama advisers and longtime acquaintances say that this is a misreading of the incoming president and his approach. They describe it as combining a practicality about means with an overriding concern about the corrosive effects of growing economic inequalities. Aides say that Obama was drawn to Summers in part because the former Harvard president shares the president-elect's passion for a more equitable distribution of economic benefits. Obama was impressed during campaign policy discussions that Summers would often pull the conversation away from general talk about economic growth to a concern with the living standards of families with average incomes.
Washington often divides the Democratic policy world between progressives and pragmatists. With Obama, as yesterday's news conference showed, it will have to become accustomed to a president who is both. http://www.washingtonpost.com/wp-dyn/content/article/2008/11/24/AR2008112402116.html?hpid=opinionsbox1