President-Elect Obama held a news conference this afternoon to announce the nomination of four members of his core economic team.
Tim Geithner - Secretary of the Treasury
Larry Summers - Director of the National Economic Council
Christine Romer - Chair of the Council of Economic Advisors
Melody Barnes- Director of the Domestic Policy Council
"Again, this won't be easy. There are no shortcuts or quick fixes to this crisis, which has been many years in the making - and the economy is likely to get worse before it gets better. Full recovery won't happen immediately. And to make the investments we need, we'll have to scour our federal budget, line-by-line, and make meaningful cuts and sacrifices as well - something I'll be discussing further tomorrow."
1 comment:
Nice team Obama picked and yes the GOP is scared they can do the job.
Tim's not bad looking to the eye just a thought.
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