So much for perfect timing. Barack Obama presented his economic team -- Summers, Geithner, Orzag -- all protégés of Robert Rubin -- just as the Treasury Department was pumping out billions to rescue Citibank -- which featured Rubin as chair of its executive committee -- from collapse. Is this the change we need?
Forget about Rubinomics redux. The depth of the crisis we face renders the old arguments irrelevant. Under Bill Clinton, Rubin championed reducing budget deficits, deregulating finance, and opening...
]]>