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How About a Competent Replacement for Summers?

Larry Summers is heading back to Harvard. His tenure as head of the National Economic Council was marked by escalating unemployment, a flood of red ink, and an assault on employers. The Obama team, we are told, is out looking for a “female CEO.” Aside from the irony (Summers got in hot water for suggesting that the relative paucity of women in the sciences isn’t due to discrimination but to some innate inability and lifestyle preferences), this is yet another instance in which the Obama team seems obsessed with the wrong things.

What about someone — woman or man — who knows what the heck she/he is doing and doesn’t view American business as the enemy? How about someone who thinks raising taxes in a recession is a horrid idea? The short list includes such non-CEO types as “Rebecca Blank, a Commerce Department official who oversees the Census Bureau and Bureau of Economic Analysis” and Laura Tyson, who has split her time between government and the University of California at Berkeley (not kidding). In other words, the CEO part is optional; the female part is not. There are also some real CEOs on the “only gals need apply” list.

This females-only-for-the-economic-team-captain gambit is ludicrous — the type of overt discrimination that, if evidenced in the private sector, would be illegal. It once again reveals that politics and groveling to special interests are much more important to the Obami than is sound governance.