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Feldstein Seen as Heavyweight Yet Lacking Washington Ties
New adviser Martin Feldstein, a Harvard economist and head of the National Bureau of Economic Research, is described as having a heavyweight reputation but limited Washington experience and weak direct links to Reagan. Critics doubt he will wield influence as president of the White House Council of Economic Advisers, amid Reagan administration tensions and past advisers' resignations. Feldstein advocates cutting Social Security spending growth and unemployment benefits to help reduce inflation and unemployment. The article notes previous council chairs had limited impact, with no strong political ties to the presidents they served.
MENTIONED IN THIS ARTICLE
Newhouse
Washington
Reagan
Martin Feldstein
Feldstein
Harvard University
National Bureau of Economic Research
White House Council of Economic Advisers
Murray L. Wiedenbaum
Wiedenbaum
Washington University
St. Louis
White House
U.S
Council
Arthur Burns
Walter Heller
Paul McCracken
Arthur Okun
Alan Greenspan
Ford Administration
Herbert Stein
Charles L. Schultze
Weidenbaum
Schultze
Carter