Is Obama Tilting Toward Free Market Solutions?

Talking heads are abuzz over what President-elect Obama might propose to fix the ailing economy -- and exactly how far left he might be willing to go (because, you know, deficits don't matter in a crisis).  With this discussion as a back-drop, the President-elect may be tipping his hand by the choices he is making to staff his economic team.  He's assembling a group of pro-free market thinkers.  Here's Larry Kudlow's take:

Here's my thought on his team. Summers, Geithner, and Romer will all recommend no tax hikes in a recession. Maybe for Keynesian reasons; maybe a nod to supply-siders. Obama talked about a liberal-conservative consensus. But what's especially encouraging is the appointment of Ms. Romer, who easily could serve as CEA head in a Republican administration (just like Geithner could have been McCain's Treasury man).

Based on my adage to "watch what somebody does, not what they say," these appointments, dare I say, suggest a center right economic strategy.  Can we expect more Laffer and less Keynes?

Update on Tuesday, November 25, 2008 at 02:43PM by Joe

Now the President-elect is suggesting that federal spending may be tight.  I like the sound of that, but remain concerned that the "stimulus package" will be loaded with unessential payoffs and goodies.  More likely than not, programs and spending favored by liberals will survive the "scrutiny" and remain protected -- or even enhanced.