TITLE

HARD-LINERS VERSUS CAPITALIST ROADERS

AUTHOR(S)
Mitchell, Daniel J.; Quinlan, Andrew F.
PUB. DATE
February 1993
SOURCE
National Review;2/1/1993, Vol. 45 Issue 2, p46
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article examines the prospect for U.S. economic policy under the new administration of President Bill Clinton in 1993. With regards to the diversity talks among Clinton's personnel choices, the most notable thing about the new economic team is their conformity. A potential good thing that can come out of the new administration is Clinton's pick for Treasury Secretary, Senator Lloyd Bentsen. He produced the 1980 annual report of the Joint Economic Committee which endorsed supply-side economics. The most radical of all the Clinton economic appointees is Laura D'Andrea Tyson, the incoming chairman of the Council of Economic Advisors. She advocates for protectionism and industrial policy, which even most liberal economists are loath to support. Intra-administration bickering will affect Clinton's expected economic problems. A compromise approach will not appease interest groups.
ACCESSION #
9301211060

 

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