Tuesday, November 25, 2008

Stealing a page from Ambinder's playbook

On his blog, Mark Ambinder today asked "When was the last time we saw a deputy director of the Office of Management and Budget announced by an incoming administration at a press conference? And before the naming of the secretary of state?"
This is a very good question and one I think I'd elaborate on, I think that the incoming administration is being extremely careful in the face of markets that have gone up or down based on 20 minute press conferences by the president-elect, in an attempt to calm the markets and keep positive attention on his cabinet picks, Obama is putting special emphasis on each pick as someone who has accolades in the economic world, most notably in this case, the non-partisan Congressional Budget Office.
Obama's presser today was wildly paradoxical in some ways as he was touting both intense fiscal restraint as well as advocating deeper spending programs and more Federal involvement in dealing with the current crisis. As a way to ease Congressional Republicans and budget hawks within his own party it appears that Obama made sure a big deal was made about a known penny-pincher heading up his own White House Budget Office, in what is usually a pretty mundane job, and not usually worthy of an announcement to an assembly of the national press.

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