Lobbying for Alan Blinder

Yesterday, I started a personal campaign to nominate Alan Blinder to be the next Fed Chairman in the hopes that someone picks up the torch and carries it further than I can.

Today, a story appeared on Bloomberg confirming my fears:

Obama Praises Bernanke, Declines to Comment on Reappointment

Lawrence Summers, the former Treasury secretary who heads Obama’s National Economic Council, has been mentioned as a possible successor should Bernanke not be re-nominated.

It would be a tragedy if that happens.

Speaking of a “voice of reason”, I stumbled onto a very good Charlie Rose segment from last week with Alan Blinder, Alan Auerbach, and David Leonhardt:

A conversation about the growing fiscal deficit

Alan Blinder would make a fantastic Fed Chairman.