Barack Obama made two core promises during his primary and election campaigns. If victorious, he vowed to (a) break up Washington's old boys' club and (b) raise taxes on the rich to pay for tax cuts to the middle class.
Immediately after his victory, Mr. Obama set about breaking his first pledge. Yesterday he confirmed speculation that he may break the second.
And yet no one seems to mind.
The economic team that Mr. Obama unveiled yesterday consists of hands so inside Washington's ways that they could get jobs as tour guides.
Timothy Geithner, nominated for treasury secretary, first joined that department in 1988. He served as undersecretary under former treasury secretary Lawrence Summers, who returns as director of Mr. Obama's National Economic Council.
The likely attorney-general, Eric Holder, served as deputy attorney-general in the Clinton administration. And the ultimate Clintonite, Hillary Clinton herself, is expected to be named secretary of state.
Mr. Obama appears to want to party like it's 1999.
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