Word: elmendorf
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Assistant Professor of Economics Douglas W. Elmendorf agreed Clinton's tax increases will bring a "significant reduction" in the deficit, but said "the deficit is big, so significant is not enough...
...real cut can occur until big entitlement programs like Social Security are attacked, and Clinton said nothing about them in his speech, Elmendorf said...
...Neither Elmendorf nor Weitzman was sure what effects the large tax increases proposed by Clinton will have on the fledging economic recovery...
Solow made a "pioneering contribution" oneconomic growth that still stands as essentialscholarship in the field, according to Elmendorf...
...teacher, he was a really crucial personin training a generation of economists who didtheir Ph.Ds at MIT," said Elmendorf, who also saidthat Solow is "a very good writer, which is notuniversal among economists...