So far, I am not terribly unhappy. Perhaps we were all wrong about this man. Maybe I can live with him so long as he continues this course of not bringing us the radical changes he promised.
While I strongly disapprove of the Keynsian-redux we are seeing as response to an exaggerated economic crisis, the impulse to use fiscal policy to affect the overall economy (a strategy fruitless at best and disastrous at worst) is not limited to those politicians with a D after thier names. In these times of "Change we can believe in (but not really)" I welcome centrist economic advisers because I feared something more radical. This crew could have just as likely served in the administration of a moderate Republican--like McCain. Geithner provides continuity with Paulson (the advantage here is, of course, negligible except that markets like continuity); Summers is an ardent free-trade advocate and consistent free marketeer; and Romer has written extensively about the negative effect of tax increases on investment. At least Paul Krugman isn't in the picture--yet.
Perhaps, like the Dems for the past eitght years I can hope only to grasp at straws, but unlike the Dems for the past eight years I am actually looking for straws to grasp.