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The one group Obama didn't nominate for his cabinet
Betsy's Page — ... more than $16 million in the few years he worked for the firm then known as Dresdner Kleinwort Wasserstein, according to financial-disclosure reports, and as a director of Freddie Mac. Hmmm. I guess that having been a director of Freddie Mac is not the best recommendation of business know-how that one could have on a resume. Perhaps if he had someone with actual experience running a business, he wouldn't be so naive about what happens when you give billions to the government to run. Greg Mankiw reprints this letter from a witness to how the federal government ineptly ...

Dissecting Leftism — ... and look at the practical considerations of the stimulus package. I've been doing this sort of thing for quite a while and I'm convinced it's doomed from the start. If they feel the need to blast a trillion dollars into confetti, then tax cuts would make the most sense. Even if the public used the money to pay down debt, that would be a good thing as it would transfer the debt burden from the consumer to the government making the consumer feel a little bit like spending again. Source For more postings from me, see TONGUE-TIED, EDUCATION WATCH ...

Obama Team’s Disorganization Slows Down Stimulus
RedState: Conservative News and Community — ... hard to negotiate with somebody if the other party hasn’t decided what they want out of the negotiations…” One of the Democrats’ concerns is that when the Obama team does deliver a plan, it might not contain much detail. If it is a broad overview, congressional leaders will have to scramble to flesh it out into a workable piece of legislation… Greg Mankiw is one economist who has convincingly made the case that a massive spending package is a bad way to try to get the economy moving. The best response is ...