Bush's director of the National Economic Council is going back to the private sector. Now that Bush has a chance to reshape his economic team, what should he concentrate on?
But, Bruce Bartlett of the National Center for Policy Analysis says that doing away with the Clinton-created NEC might be the key to quickening reform.
I have never been a fan of the NEC as an organization. It always has seemed to be an unnecessary extra layer of bureaucracy that added little to the implementation of economic policy. Indeed, I think the NEC has tended to get in the way, making it harder for established agencies like the Treasury Department and Council of Economic Advisers to do their jobs.