Word: economisters
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...last time around, junior advisers who have all spent eight years in the private sector, made some money, and are ready to move up a couple of notches. Josh Bolten, who toiled in the Trade Representative's office for Dad, is in line to be the domestic policy chief. Economist Larry Lindsey, who did policy for W.'s father before being named to the Federal Reserve Board, is the favorite to take over the Economic Policy Council. Lindsey is the father of Bush's $1.3 trillion tax-cut plan; Bush must soon decide whether to try to pass it, toss...
...Circuit City, Wal-Mart and Home Depot is feeling the pain. Even online shopping isn't growing as fast as expected. Last week eToys announced its sales were lower than expected and it may run out of money in the spring. "For the consumer," says Richard Berner, chief U.S. economist at Morgan Stanley, "the negatives are beginning to outweigh the positives...
...takes two to play political football. The White House's frenzied attempts to protect its economic halo - "No economist thought we could continue to grow at 5 percent a year indefinitely," Clinton reminded Dan Rather on Monday - could certainly be considered gamesmanship...
...panelists agreed that gridlock would consign such bold but risky plans as Bush's proposed $1.3 trillion tax cut to the campaign-promise trash heap. "There won't be any huge tax cuts or entitlement programs, whoever becomes President," says Bruce Steinberg, chief economist for Merrill Lynch. "That means the budget surpluses should remain extremely large, and the national debt will continue to be paid down--all of which is friendly to financial markets...
...hikes behind us, the TIME board forecasts a sunny 3%-to-4% expansion rate in 2001, together with an easing of inflation from some 3.3% this year to under 3%. And while unemployment may creep above 4% as the economy decelerates, jobs should remain plentiful. Says Martin Regalia, chief economist for the U.S. Chamber of Commerce: "The biggest concern of businesses from high tech to trucking is, 'Where will we get the workers to keep growing...