I have spent the last few weeks talking to economists who are plugged into the policy establishments in both parties, to politicians, and to policy-makers in the think tank community. There is broad agreement on several important points.
The new administration is benefiting from President Bush's decision to make the transition to an Obama administration seamless. Having suffered from the nasty, sullen treatment he and his team received from the outgoing Clintonites--they ripped the "W" off their computer keyboards--Bush is determined to have his outgoing team put the national interest above any personal pique.
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