Word: feldsteins
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...very much an independent thinker," says Lawrence B. Lindsey, a special assistant to President Bush who did his graduate work with Feldstein at Harvard. "Even when you disagree with him, you know that he has good reasons for thinking the way he does...
...Feldstein is most well-known for his criticism of recent presidential deficit spending and his outspoken demands for tax increases. "He was drawing attention to the deficit as a problem before anyone else did," says Lindsey...
...Feldstein was also one of the first policy analysts to make a connection between the deficit and currency exchange fluctuations. "He tends to be ahead of the curve in terms of seeing problems," Lindsey says...
Beyond his own policy insights, Feldstein left a significant institutional legacy at the CEA, according to some of his colleagues...
...Feldstein has been an outspoken critic of the present social security program; which he says discourages private savings. Instead, he favors an increase in private pension programs and a new system that does not rely on current workers' paychecks to fund an older generation's social security...