With the economy in turmoil, Congress in recess and President George W. Bush all but absent from the economic debate, President-elect Barack Obama again held the national spotlight Wednesday, announcing the newest members of the economic team that will advise him on how to manage the crisis.
In his third press conference this week, Obama named former Federal Reserve Chairman Paul A. Volcker and campaign adviser Austan Goolsbee, an economics professor at the University of Chicago, to head the President's Economic Recovery Advisory Board. The new panel will help to lift the nation's recession and stabilize financial markets. Proclaiming that Washington's policy-making is often "too insular," Obama said the two experts will bring outside-the-Beltway thinking to the nation's capital.
rest http://washingtonindependent.com/20227/obama-on-a-tightrope
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