- Think up something extraordinarily unlikely.
- Imagine how this extraordinarily unlikely event could vaguely benefit someone somewhere.
- Pick a politician and insist not only that they should adopt your extraordinarily unlikely plan, but also that its adoption is inevitable.
- (Feel free to throw in buzzwords.)
With Ben Bernanke continuing to frustrate the left and the right, it’s clear that the Obama team needs a circuit-breaker. Nominating LeBron James to head the Federal Reserve could be exactly the game changer required for the President to win re-election. While it’s true that James has no experience in economics, he does play for the Miami Heat, a basketball team based in the swing state of Florida. Don’t think that Obama hasn’t thought of this, either. As an avid sports fan, Obama understands exactly how powerful such a bold move would be.