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This probably won't be long enough to actually qualify as a diary, but I wanted to start some discussion about the next Secretary of the Treasury.  As you may know Tim Geitner is not expected to continue in the office in a second Obama administration.  One of the names being mentioned is Erskine Bowles, of the infamous Catfood Commission.


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This should be completely unacceptable to progressives.  We clearly need to do two things.

First, we need a DailyKos campaign to make it clear to the Obama Administration that a nomination Bowles is DOA in the Senate.  With all the newly-elected progressive senators, there is clearly a blocking minority in the Democratic caucus.

Second, we need an alternative candidate who embodies progressive values.  I would ask my fellow progressives to consider Brad Delong.  He is a Professor of Economics at UC Berkeley.  He and Paul Krugman have campaigned tirelessly since the economic crisis for progressive Keynesian responses to the economic crisis.  (BTW Paul Krugman would be a great Sec Tres, but is definitely not interested in the job.)

Brad is also a strong Democrat.  This is, as with many others, mostly a response to the growing irrationality of the Republican party.  In addition, he has the credentials expected of someone in a Cabinet position.  He has both a BA and PhD from Harvard.  He has prior sub-Cabinet experience in the Clinton Administration.  He is a friend and protege of Larry Summers.  In fact, he and Summers have a recent paper pointing out that stimulus spending will do more to reduce the deficit than austerity.

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