Word: economisters
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...dissertation, “An Asset-Price Approach to Capital Income Taxation,” and Harvard awarded him a Ph.D. in 1982. After three years as assistant professor at MIT, he spent one year as an associate professor before heading to Washington to become a domestic policy economist for the President’s Council of Economic Advisers...
...overhaul of the Social Security system--in theory welcoming millions of the working class into the investing class--might aid G.O.P. mastermind Karl Rove's plan to fashion a permanent Republican majority. "What does it mean when every truck driver and waitress becomes a stockholder?" asks Michael Tanner, an economist at the Cato Institute and one of the architects of the private-account movement. "You can create inheritable wealth for low-income people and minorities. If you turn those truck drivers and waitresses into stockholders, they vote and behave very differently...
...drug sales from Canada, the busloads of seniors trekking over the border for their meds have become an indelible image. Bringing in cheaper drugs from next door looks like a simple step that could provide immediate relief. "People can relate to it," says Uwe Reinhardt, an economist and health-policy expert at Princeton University...
...easy time arguing that the race was always Bush's to lose; he scarcely ever ran behind, from Labor Day on. A country will seldom discharge a Commander in Chief during wartime, particularly one who had sustained a higher level of approval for longer than any modern U.S. President. Economist Ray Fair devised a model that weighs inflation and growth rates, and by his formula, Bush looked on track to win 58% of the popular vote. And he was running against a New England Senator so stiff, he creaked, when no non-Southern Democrat has won in 44 years...
...first. He passed his tax cuts, his No Child Left Behind Act; he tilted the playing field toward the needs and desires of corporate America. He will have a tougher time getting his way in a second term because of the soaring budget and trade deficits--which, taken together, economists call the current-accounts deficit. "This is the trap door for the economy," says Robert Shapiro, a moderate Democratic economist. "We will soak up more than 80% of the world's savings to pay our deficits this year. That can't go on indefinitely...