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Reagan's economic guru faces cool Senate hearing
President Reagan’s pick for chief economic adviser, Martin Feldstein, drew a cool reception at confirmation hearings. Critics questioned how a wealthy Harvard economist could relate to average Americans amid a recession, while Feldstein defended his stance on Social Security, budget policy, and inflation. He asserted his wealth was over $750,000, disputing earlier estimates.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Martin Feldstein
Murray Weidenbaum
Council of Economic Advisers
Feldstein
Harvard
Irman
Jake Garn
Rutah
Senate
Louis
William Proxmire
D-Wis
Feldsteim
Aeernetein
Sen
Dewald Riegle
D-Mick
Riegle
Umaga
Michigan