Category Archives: Obamawatch

Those Obama appointments

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From David Brooks

Jan. 20, 2009, will be a historic day. Barack Obama (Columbia, Harvard Law) will take the oath of office as his wife, Michelle (Princeton, Harvard Law), looks on proudly. Nearby, his foreign policy advisers will stand beaming, including perhaps Hillary Clinton (Wellesley, Yale Law), Jim Steinberg (Harvard, Yale Law) and Susan Rice (Stanford, Oxford D. Phil.).

The domestic policy team will be there, too, including Jason Furman (Harvard, Harvard Ph.D.), Austan Goolsbee (Yale, M.I.T. Ph.D.), Blair Levin (Yale, Yale Law), Peter Orszag (Princeton, London School of Economics Ph.D.) and, of course, the White House Counsel Greg Craig (Harvard, Yale Law).

This truly will be an administration that looks like America, or at least that slice of America that got double 800s on their SATs. Even more than past administrations, this will be a valedictocracy — rule by those who graduate first in their high school classes. If a foreign enemy attacks the United States during the Harvard-Yale game any time over the next four years, we’re screwed.

Already the culture of the Obama administration is coming into focus. Its members are twice as smart as the poor reporters who have to cover them, three times if you include the columnists. They typically served in the Clinton administration and then, like Cincinnatus, retreated to the comforts of private life — that is, if Cincinnatus had worked at Goldman Sachs, Williams & Connolly or the Brookings Institution. So many of them send their kids to Georgetown Day School, the posh leftish private school in D.C., that they’ll be able to hold White House staff meetings in the carpool line…

Lovely piece which, in the end, is not quite as cynical as its opening paras might suggest.

Obama’s energy plan

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From the Obama/Biden site…

# Provide short-term relief to American families facing pain at the pump
# Help create five million new jobs by strategically investing $150 billion over the next ten years to catalyze private efforts to build a clean energy future.
# Within 10 years save more oil than we currently import from the Middle East and Venezuela combined.
# Put 1 million Plug-In Hybrid cars — cars that can get up to 150 miles per gallon — on the road by 2015, cars that we will work to make sure are built here in America.
# Ensure 10 percent of our electricity comes from renewable sources by 2012, and 25 percent by 2025.
# Implement an economy-wide cap-and-trade program to reduce greenhouse gas emissions 80 percent by 2050.

Thanks to Brian for the link.

Politics, Obama and the Chicago school

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In the UK we are contemplating the possibility that we might eventually be ruled by the Bullingdon (aka Bollinger) Club. But a conversation at lunch in college today made me realise that Obama’s administration is likely to be critically affected by a more cerebral outfit, namely the Chicago law school, where Obama once taught constitutional law. One of his buddies is Cass Sunstein, for example, a legal scholar who has written in recent years about the Internet as an echo chamber, the deficiencies of deliberative democracy and — most recently — about how discreet ‘nudges’ can effect social change. Then there’s Jack Goldsmith, who was from the outset of the Net a sceptic about the extent to which the technology was genuinely transformative (in the sense of being able to slip the surly bounds of territorial jurisdictions) — views which later found expression in the book he co-authored with Timothy Wu: Who Controls the Internet? And of course there’s Richard Posner, a senior judge who is also a polymath, an academic and one of America’s most prolific public intellectuals (and indeed the author of a study of public intellectuals). Posner also co-maintains a highly cerebral blog with another Chicago academic, the Nobel laureate Gary Becker.

Rather puts Dave Cameron, George Osborne and the rest of the Bullingdons into perspective, doesn’t it?

Obama’s economics transition team

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Wonderful rant by Willem Buiter in his excoriation of Obama’s economics advisory board. In a nutshell, the team is too old, has too few professional economists, too many people associated with past failures, is stuffed with protectionists — and has too many lawyers. It’s this last that gets Professor Buiter really riled.

According to Legal Reform Now! there are 1,143,358 lawyers in the US, one for every 200 adults. The main problem is not that there are over a million socially unproductive lawyers in the US. The problem is that these lawyers are an essential component of a dysfunctional legal framework that has created the most litigious society in the world. The damage this dysfunctional legal framework causes must be measured not primarily by the direct cost of litigation, astounding though it is, but through the actions not undertaken and the creative and productive deeds not done because of fear of litigation. The first thing we do…

Except for a depressingly small minority among them, lawyers know nothing. They are incapable of logic. They don’t know the difference between necessary and sufficient conditions or between type I and type II errors. Indeed, any concept of probability is alien to them. They don’t understand the concepts of opportunity cost and trade off. They cannot distinguish between normative and positive statements. They are so focused on winning an argument through technicalities, that they no longer would recognise the truth if it bit them in the butt. If you are very lucky, a lawyer will give you nothing but the truth. You will never get the truth, let alone the whole truth. Things have degenerated to the point that lawyers and the legal profession not only routinely undermine justice, but even the law.

But the American political system is completely dominated by this largely socially unproductive and parasitic profession. Consider the membership of the House and the Senate (according to the Congressional Research Service 170 members of the House (out of 435) and 60 Senators (out of 100) are lawyers). Consider the professional training and background of past and future presidents (including Obama, 26 out of 44 presidents were lawyers) – and weep.