The Economist: George Bush's economic team still looks weak

There are two growing suspicions about Mr Bush's approach to economic policy. The first is that he sees it mainly as a question of salesmanship. Showing an admirable faith in markets, the president seems to think that economic policy will basically run itself; what you need is a bit of pizzazz to sell the president's reforms. Hence, the White House's enthusiasm for Carlos Gutierrez, the new commerce secretary, who made his fortune selling breakfast cereal at Kellogg.
The second suspicion is that loyalty is more important than knowledge. That was Mr O'Neill's problem: he said that more tax cuts were a bad idea. Larry Lindsey, Mr Bush's bumptious first chairman of the National Economic Council, was pushed out soon after he made the impolitic (but pretty accurate) point that the Iraq war could cost $200 billion.