Another paragon of the system joins the Obama economic team — welcome Paul Volcker, as chairman of the new Economic Recovery Advisory Board. Obama says the new advisory board
will be responsible for bringing fresh thinking and “vigorous oversight” to the administration’s efforts to jumpstart and reshape the nation’s economy.
“The reality is that sometimes policymaking in Washington can become too insular,” Obama said. “The walls of the echo chamber can sometimes keep out fresh voices and new ways of thinking–and those who serve in Washington don’t always have a ground-level sense of which programs and policies are working for people, and which aren’t.”
His argument sounds good, but why not diversify these appointments — bring in some labor movement folks, or those who work on antipoverty efforts rather than the bureaucrats and Wall Street-types he’s tapped so far? It’s a good question that Obama has yet to answer.