Word: lindseyism
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...award for most frightening thought of the week goes to Associate professor of Economics Lawrence B. Lindsey, former head section leader of Social Analysis 10 and associate director of the Office for Policy Development in the Bush Administration. Lindsey told a Crimson reporter, "I was impressed at how much of what we teach at Ec 10 has direct policy application...
Largely because of these concerns, the Bush team has pegged deficit reduction as its numberone economic priority from the first days of the presidential campaign. New administration appointees like Associate Professor of Economics Lawrence B. Lindsey say a so-called "flexible freeze" can balance the budget in five to six years...
With proponents from the not-so-liberal boutique of the Harvard Economics Department, the flexible freeze would allow total federal spending to increase at the same rate as inflation. Revenue increases from expected economic growth over the next five years, Lindsey and other Bush economists say, will meet expenditures by 1992, thus balancing the budget...
Bush supporters like Lindsey have said growth in the economy and cuts in other programs will make up the difference...
...year-old Elmendorf, like Lindsey beforehim, is affiliated with the National Bureau ofEconomic Research. Feldstein serves as thepresident and chief executive officer of theCambridge-based think tank...