Word: cea
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Dates: during 1970-1979
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...said, would create as many as 18,000 jobs at sea and in shipyards and reduce the nation's trade deficit, but in the long run, by raising costs, would reduce both total employment and national production. Domestic Affairs Adviser Stuart Eizenstat noted that not only Blumenthal but CEA Chairman Charles Schultze and Under Secretary of State Richard Cooper "feel that no version of cargo preference is acceptable," but added that "rejection of cargo preference will be seen as a broken promise...
...hair makes him look about ten years younger than he is, Bosworth has packed a lot of experience into his relatively short career. A protege of Charles Schultze, chairman of the Council of Economic Advisers, Bosworth got his first taste of Government work as a staff member of the CEA in 1968, while he was still working toward a doctorate in economics at the University of Michigan. He joined the faculty of Harvard University in 1969 and stayed until 1971, when he left to sign on at Brookings...
...good but went nowhere. My job is to see that our work gets transmitted more effectively." The President's reorganization plan should also add to the council's clout. Under the plan, which took effect last month, the council was shifted from the Treasury Department to the CEA, giving Bosworth easy access to his friend and mentor, Schultze...
...Schultze's problems is that the CEA is among Washington's smallest bureaucracies: its staff numbers only about 45, including 25 economists. The result, says Washington Economist Gary Fromm, is that "the CEA cannot anticipate problems and prepare long-range analysis. Without a bigger staff, it has to shoot from the hip." Fromm has recommended doubling the staff, and Schultze has promised to consider the idea. At his present pace, it is difficult to forecast when he will have the time...
...member, with former CEA Chairmen Heller and Arthur Okun, of TIME's Board of Economists...