Word: boskin
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...influence: chairman of the President's Council of Economic Advisers. In the past few Administrations, however, those who held the post tended to wind up as voices in the wilderness rather than confidants in the Oval Office. But George Bush's choice for the post, Stanford University Professor Michael Boskin, 43, is a trusted adviser and an open- minded scholar who could help restore genuine authority to the job. Says Robert Litan, a senior fellow at the Brookings Institution: "For the first time in recent memory, the incoming chairman is someone who was deeply involved during the campaign...
...personable Boskin was one of the main architects of Bush's flexible- freeze plan for cutting the budget deficit without raising taxes. To make ^ the freeze work, the Bush team would have to limit increases on most domestic spending to the inflation rate and at the same time boost economic growth and reduce interest rates. Many economists think that combination would be quite tricky to arrange. Says Lawrence Summers, a Harvard professor and former adviser to Michael Dukakis: "I would not want to skate on a flexibly frozen lake...
...Economist Michael Boskin, 43, of Stanford University, who proposed Bush's "flexible freeze" approach to cutting the federal budget deficit, was picked to chair the Council of Economic Advisers...
Bush also named Michael Boskin, a Stanford University professor of economic and a campaign adviser, to head the Council of Economic Advisers...
...Sununu's reputation as a fierce opponent of new taxes will not reassure the financial markets about Bush's ability to cure the deficit. Nor will the appointment, expected this week, of the author of Bush's flexible-freeze plan, Stanford economist Michael Boskin, to head the Council of Economic Advisers. If the next Administration will not support new taxes, even for the rich, it must slash into defense (where Bush has vowed to pursue plans for new carrier battle groups and nuclear missiles) and into middle-class entitlement programs like Social Security and farm subsidies (which Bush has promised...