Obama Should Draft Krugman

NYT columnist would do a lot better than Geithner and Summers
By Nick McMaster,  Newser Staff
Posted Feb 19, 2009 3:11 PM CST
Chief economic adviser Larry Summers listens as President Barack Obama, not pictured, speaks to reporters during a meeting about the economy with Congressional leaders, Friday, Jan. 23, 2009.   (AP Photo/Charles Dharapak)
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(Newser) – Barack Obama’s economic team so far has failed to inspire confidence, writes Steven Stark for the Boston Phoenix. Instead of Geithner and Summer, Obama should pick a new man to lead the charge on the financial crisis: Appoint Paul Krugram, Nobel laureate and economics columnist for the New York Times, as top economic adviser.

Krugman is, unlike Geithner and Summers, untainted by a deregulatory past or ties to prominent bankers. His columns give “coherent and dramatic policy” recommendations, Stark writes, and he is a sharp, articulate communicator—while Summers and Geithner are both prone to putting their foot in their mouths. If appointed, Krugman could craft a user-friendly narrative of the financial crisis, helping the administration immensely in its efforts to sell the American people on a solution.