Reply #6: Obama still mulling Summers replacement: White House [View All]

[ozymandius]

ABOARD AIR FORCE ONE (Reuters) – President Barack Obama is considering a broad group of candidates with a wide range of backgrounds to replace White House economic adviser Larry Summers, the White House said on Wednesday.

He declined to name any possible successors to Summers, who will leave before the end of the year, but said Obama was not at the beginning of the process of reviewing possible candidates.

Gibbs was asked about whether Americans might be concerned about the exodus among Obama's top economic advisers, but said only that it was "understandable" that, given the intense pace of life on the campaign trail and in the White House, people would begin to leave the administration about 18 months after the inauguration.

http://news.yahoo.com/s/nm/20100922/ts_nm/us_obama_summers_obama

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Yesterday, I posted a list of possible replacements for Summers. While it is by no means definitive - it does offer some insight into the type of person the White House will consider for the post. The maddening part is that the list is comprised mainly of industrialists, very few economists, many Clinton administration re-treads and -worst of all- DLC veterans, the quintessential Blue Dogs, who share blame for the failed economic policies which grew from Reagan's tainted seed.