(Community Matters) The Economist’s article on Obama’s inner circle.
photos: Economist- Austan Goolsbee
- Jason Furman
- Tony Lake
- Susan Rice
- David Axelrod
- David Poulffe
Can we take a minute to celebrate the appointment of Jason Furman as staff director for economic policy? It signals the welcomed introduction of Rubin economics (an important sign for major business leaders). Expect Austan Goolsbee will remain a very important player, so we still expect increased attention to employment and purchasing power of wages. Mr. Furman’s appointment makes many feel better about sensitivity to tax rates and global economic policy.
I had a relatively lenghty conversation with Professor Goolsbee earlier this year. Very pleased to know he is familiar with and a fan of my friend’s, Reid Cramer’s, work on wealth and savings at the New America Foundation. I’d predict modest increases in income tax rates at the highest income brackets to help balance our budget as well as innovative economic policy to build wealth and savings in low & moderate income communities. Especially with the addition of Furman, I wouldn’t expect an Obama administration to make the mistake of too signficantly bumping up capital gains & marginal tax rates.
Community Matters 