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Trade/economic advisors of Pres candidates |
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Written by Stumo
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Thursday, 08 November 2007 |
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The New York Times has a survey article on the economic advisors to the presidential candidates.
Edwards' Leo Hindery:
“If
you want to have some esoteric debate about economic theory, you end up
justifying free trade or supply side economics,” said Leo J. Hindery
Jr., a cable-television entrepreneur now engaged in private equity who
is serving as Mr. Edwards’s top adviser on economic issues. “What we do
for Edwards,” he said, “is give him policy advice based on specific
concerns that he has.”
Obama's Austan Goolsbee:
“The field
of economics has changed enough so that grand theories don’t have the
avid adherents they once did and that has undermined the role of the
guru/tutor,” said Austan Goolsbee, an economist at the University of
Chicago’s Graduate School of Business. “Now it is, ‘Let’s bring in
experts on specific issues, like housing or trade or wages.’”
Romney's Glenn Hubbard:
“All
of the Democratic presidential candidates are significantly to the left
of us on economic policy,” said R. Glenn Hubbard, dean of Columbia
University’s Graduate School of Business and the first chairman of
President Bush’s Council of Economic Advisers.
Clinton's Gene Sperling:
Mr.
Sperling, for example, argues that while public investment is
important, so is cutting the deficit. The late ’90s boom, Mr. Sperling
said during a recent panel discussion, might never have happened if the
Clinton administration had not managed to push through the tax
increases and limits on spending that helped turn the deficit into a
surplus.
(Let's hope Clinton and Rubin do not iron out their differences fully).
Others:
Douglas Holtz-Eakin, director
of the Congressional Budget Office in the early Bush years, is advising
Senator John McCain. Michael J. Boskin, the top adviser to Rudolph
Giuliani, served President George H. W. Bush as chairman of his Council
of Economic Advisers, while Lawrence B. Lindsey, who was the current
president’s chief economic adviser at the start of his administration,
is now Fred Thompson’s senior economist.
A characterization:
The four leading Republican candidates, by contrast, have
appointed professional economists as their senior advisers, all of them
veterans of the current Bush administration or the administration of
President Bush’s father. They generally embrace the president’s
laissez-faire economic policies, as do the candidates they
support.
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This is the video for the October 2, 2008 press conference announcing the recipe for "Fixing America's Economy."
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