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President-elect Barack Obama is getting largely positive media coverage on the issue of the economy, as did his new economic team, which is being cast as a group of highly capable, centrist economists. The Washington Post says Obama 'is assembling a deeply experienced team of top economic advisers whose key members firmly believe limited government spending combined with free markets can create lasting prosperity.' CNN's The Situation Room reported 'Obama's pick of Timothy Geithner to be Treasury Secretary is highly celebrated.' All three networks led their broadcasts with Obama's announcement. ABC World News reported Obama 'may not yet be officially on the job, but he's on the case. And so is his brand new team.'

Under the headline 'Obama Advisers Get Bipartisan High Marks,' USA Today reports, ''Brilliant,' 'outstanding' and 'exceptionally talented' were some of the words used to describe' Obama's 'top choices,' Tim Geithner and Larry Summers, 'and that came from Republicans.' The Politico runs a similar report under the headline 'Economic Advisers Are Heavyweights.' The New York Times reports the selections Geithner and Summers 'signaled that Mr. Obama intended to pursue aggressive, yet centrist policies, in finding ways to help jump-start the economy.' A Chicago Tribune analysis, titled 'Centrist Economists, Radical Solutions,' the Los Angeles Times, the New York Times, and USA Today reach similar conclusions. AFP describes Geithner as 'well-traveled' and Summers as 'internationally respected.' The Washington Post said in an editorial that at 'a time when the country badly needed a sense of confidence and direction, these choices inspired it.'

The Wall Street Journal, AP, and McClatchy run generally positive portrayals of Summers, while the Washington Times reports that 'when word got out that...Obama might choose' Summers for Treasury, 'women's groups still angry about remarks he made in 2005 about women and math made their voices heard.' E. J. Dionne writes in the Washington Post, 'Getting Timothy Geithner and former Treasury secretary Larry Summers working in harness is Obama's single biggest post-election victory.'



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