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White House Economist Keith Hennessey Answers Your Questions

Last week, we solicited your questions for Keith Hennessey, the outgoing White House chief economic adviser and director of the National Economic Council.
In his answers below, Hennessey explains (among other things) what he thinks are some of the “most absurd economic assumptions” by Washington politicians; where, exactly, the first few hundred billion dollars of the TARP money has gone; and why he had “the coolest job ever.” Thanks to all of you for the good questions and to Hennessey for his candid and thorough answers.



Bring Your Questions for Outgoing White House Economist Keith Hennessey

Keith Hennessey Keith Hennessey is the outgoing chief economic adviser to President Bush and director of the National Economic Council. When Obama takes office, Lawrence Summers will take his place. “Our assumptions are that the economy will begin to recover early in the next president’s term,” Hennessey recently told CNBC, “but it’s too early to say exactly when.” (I can . . .