Sunday, November 23, 2008
This week, President Bush addressed aviation congestion and transportation safety. He started off his speech buy thoroughly congratulating the Secretary of Transportation, Mary Peters, on the job she did on regulating bridge safety after the collapse of the I-35 bridge in Minnesota earlier this year. President Bush then addressed what the airlines need to do to make travel a more enjoyable or, more likely, a less annoying hassle for the average American. President Bush supported the implementation of regulations that will take effect in time for Christmas. "These include measures that will require airlines to provide greater compensation for lost bags, as well as tougher penalties when airlines fail to notify travelers of hidden fees. " Bush then talked about how his administration opened up global travel for Americans before complaining about some work that needs to still be done. He also signed an executive order that made modernization a priority for agencies across the federal government.
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While I was reading the Sunday NY Times yesterday, I was interested in something Thomas Friedman had to say about cabinet appointments.
Friedman suggested that the economy is in such a rough position right now that it should be Bush, not Obama, that appoints Tim Geithner as Treasury Secretary right now in order to get a kick start on the rebound. I thought it was a good (but highly unlikely) point; the market used to take months to drop or raise 400 points whereas it seems to do that daily now. While Obama continues to assemble a formidable team with the likes of Lawrence Summers and Geithner, Bush has become an afterthought when it comes to the economy. It's unfortunate that he has taken such a lame-duck position.
Following the November 1932 election, FDR wasn't sworn into office until April of 1933, as was customary up until that time. The constitution was then amended because five months was just too long to wait for the transition. Maybe the current situation will be yet another parallel with 1932, and a movement will again be afoot to make the transition period shorter. But I doubt it.
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