Snow Job: Daniel Gross explains why a top-tier Wall Street CEO would have to be slightly insane to agree to replace lame duck treasury secretary John Snow. The fact that it’s a great time to be a Wall Street CEO and a lousy time to be joining the Bush administration is a big part of it, as is that fact that the White House wants its cabinet secretaries to be unquestioning and compliant.

But the biggest problem is the challenge of selling what the administration sees as a robust economy to people who are experiencing lower salaries, higher healthcare costs, and reduced job and financial security. Or as Gross charmingly puts it: “The dissatisfaction with Snow stems from the fact that he doesn’t seem to convince enough Americans that it's raining when they’re getting pissed on.”