Analysis: Summers exit lets Obama retool team and message

[lonestarnot]

(Reuters) - The departure of economic adviser Larry Summers opens the way for President Barack Obama to shake up leadership of his economic team and show he is taking seriously growing public frustration over the sluggish economic recovery.

Whoever replaces Summers will have policy options constrained by a record $1.47 trillion budget deficit and the possible Democratic loss of control of the House of Representatives in November 2 congressional elections.

* With slow economic growth and nearly double-digit unemployment the central issues in the elections, Summers' exit continues the overhaul of Obama's economic team, after White House budget director Peter Orszag and top White House economist Christina Romer departed recently.


http://www.reuters.com/article/idUSTRE68K57V20100921

[Skink]

1. Corzine cause we must always have one GS rep.

[lonestarnot]

6. Robert Riech, because he could do the job.

[mmonk]

2. Retool in what direction?

[lonestarnot]

4. I didn't write the article, but Mr. President can appoint whomever he thinks would

hopefully not be a pug and hopefully do a better job. :shrug:

[msongs]

3. how bringing in another republican to the cabinet in the name of bipartisanship? nt

[lonestarnot]

5. I would hope the fuck he now knows what it feels like to be burned and not play with matches again.

:crazy:

[metapunditedgy]

7. Lieberman has played his part well and deserves a reward. n/t