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Week of November 30, 2008 - December 6, 2008

Josh asked a very good question earlier. Where in the hell is Joseph Stiglitz?


Is there something wrong with being RIGHT about everything that has gone on with this economy over the past decade and more? Is there something wrong with not only endorsing Obama during the primaries but actually being more than qualified for a top level job? Is there something wrong with being a progressive economist (and trust me, I am someone who is staunchly against anyone getting mad about someone not being a "dyed-in-the-wool" progressive)? Is there something  wrong with winning a Nobel Prize in Economics?

 

 

I hear that Summers and Stiglitz can't stand each other's guts. Oh well, suck it up and get to work. I think Obama's team is fantastic both in Economics and Foreign Policy but I truly hope we hear this name in the coming weeks with a spot in an Obama administration (that new council headed by Paul Adolph Volcker would be an alright spot to place him in). I won't say I would be mad or anything of the sort if he isn't. I will just be a bit...................suprised

For all the hand wringers, complainers, and the progressive purists...


This is the article you need to read. With all due respect to long well thought out threads........ nothing else needs to be said. My favorite part could help though:

 

One reason that President Obama is going to be a very successful President is precisely because his understanding of the cosmos is that his ideas (political, philosophical or theological) do not define it. That's called wisdom. That's called humility. And that is the very wisdom lacking in Obama's ideologically driven left wing critics, who never seem able to complete and paragraph with the words, "But I could be wrong." That is why their posture is already a crouch of disappointed expectation, even before President-elect Obama has been sworn in!

When President-elect Obama said that he will try to do what works, regardless of the ideological label or where a good idea comes from, he was telling the truth. Most Americans know how lucky we are to have this remarkable, pragmatic, subtle, thoughtful man for our President-elect. Most of us also know how lucky we are that our next president -- unlike our current White House occupant -- is more interested in being a good president than in proving his "side" right about everything. And most of us also know that the stakes are sky high and that now is a time to stand with our new President-elect, come hell or high water or, perhaps, because of the hell and high water we're already neck deep in.

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theone718

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