Rich, you are, of course, right that the president could use a new and powerful voice on the economy. The problem is that it’s practically impossible to name one who would take the job of Treasury Secretary who could be confirmed easily and without crippling controversy. Phil Gramm might be a great Treasury Secretary but he wouldn’t be a particularly good spokesman. It’s amazing, actually, how hard it is to think of a decent name. Steve Forbes? Well, the problem there is that Forbes would find himself forced to defend policies he actually thinks are far too narrow, and being politic about such things isn’t in his nature. So here’s a name out of nowhere: What about William Weld? He’s running for governor in New York but doesn’t have a chance. He was a tax cutter and budget balancer in Massachusetts, is incredibly cool under pressure and is hyperarticulate.
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John Podhoretz is the editor of Commentary.
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