Postcards

How the power players do it - by Fortune senior editor at large Patricia Sellers

Power Point: Spend to grow

November 7, 2008: 4:49 PM ET

"There is a time for budget austerity--this ain't it."

-- Obama economic advisor Jared Bernstein, noting that government "is the only part of GDP pulling out its wallet these days" and therefore the most reliable source of short-term growth. Read "CEO in chief" by my colleague Nina Easton, Fortune's Washington editor, for more about the all-star team of CEOs and thinkers who are helping the President-elect grapple with the financial crisis and the bailout plan.

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About This Author
Nina Easton
Nina Easton
Fortune

An award-winning author, columnist, and TV commentator, Nina Easton offers insights at the intersection of economics and politics. For six years she has been a regular panelist on Fox News Sunday and Special Report, and has appeared on NBC's Meet the Press, CBS's Face the Nation, and PBS's Washington Week in Review and Charlie Rose. Easton is the author of the critically acclaimed Gang of Five: Leaders at the Center of the Conservative Ascendancy. Prior to joining Fortune, she won a number of national awards as a Los Angeles Times writer, and later served as the Boston Globe's deputy bureau chief in Washington. She is a native Californian and a graduate of the University of California at Berkeley.

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