Word: feldstein
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...Monday, Stone and his companions left San Salvador on a TACA International Airlines flight bound for Miami. During the stopover in Belize, a vacationing television reporter from Tampa, Mark Feldstein, boarded the plane. He settled into a seat in front of the Stone party and leaned back for a nap. Feldstein soon realized that the men behind him were drafting statements for Reagan and the Salvadoran President about the election announcement. At one point, one of Stone's companions noted, "That's worded for domestic political consumption." Feldstein grabbed an air-sickness bag and began to scribble down...
...President's top economic advisers also reflected some willingness to compromise on spending for the unemployed. "That's certainly something we should look into," Martin Feldstein, chairman of the Council of Economic Advisers, amiably agreed when the Joint Economic Committee pressed him over the possibility of including more money for "soup kitchens." Responding to questions about adding a "reasonable" relief program to the package, Budget Director David Stockman told Senators: "I'm sure there is room in the budget...
Summers resolutely states that he has not yet been too frustrated by the vastness and intractability of the Washington bureaucracy, a stark contrast to the ivory tower existence he led at Harvard and MIT. But one associate said that in general all of Feldstein's new recruits had expected a greater part in the interagency discussion process on various issues. Issues were simply bubbling up in cabinet level meetings without a lot of preliminary staff work, the official said...
...also been said that because Summers' areas of expertise are so close to Feldstein's he has frequently found himself advising the chairman on issues on which he has already developed well-formed opinions of his own, without adding much new information...
...Harvard label than people anywhere else," he says, almost scoffing. "I don't think that I feel part of a Harvard 'clique' in Washington and I don't think that others see things that way, I think that a lot of people have been very pleased that Marty Feldstein came down here [and] have therefore been receptive to him and the people he brought down with...