@cicerone imposter,
That statement about the "best and the brightest" is certainly a matter of opinion, ci. It seems to me that the proof of that would show itself in results. From what I have heard, most of Obama's economic advice comes from people that have been in academia, not economists in the real world. Some things might work in a text book, but reality might be different, ci.
For example, Goolsbee, Obama's chief economic advisor, comes from academia, Milton Academy, Yale and MIT, but as far as I could find, he doesn't have much experience if any with business in the real world.