Roll Call speculates virtually who the side past times side manager of the Congressional Budget Office might be. This is a key decision facing the newly elected GOP-controlled Congress. After giving a speak at CBO on Th as well as participating inwards its Academic Advisers Panel on Friday, I am reminded how impressive the CBO staff is as well as how important the establishment is to the policy process. (FYI, my ain affiliation with CBO dates dorsum to the summertime of 1978, when I was an intern there.)
So who should the side past times side CBO manager be? There are a lot of reputable economists on the Roll Call list. Many are friends of mine. All things considered, however, I believe there is a clear choice: Doug Elmendorf.
Someone recently said to me that the CBO manager is non actually a purpose instrumentalist inwards the political game. He is to a greater extent than similar the referee. That analogy sheds lite on why Doug is the correct soul for the job. What produce you lot desire inwards a expert referee? Competence as well as impartiality. Doug has demonstrated both. He is a superb economist and, over the past six years every bit CBO director, has shown himself to live on scrupulously non-partisan.
I empathise that GOP leaders may live on tempted to pose their ain postage stamp on the Congressional Budget Office. But sometimes the benefits of continuity operate past times ideology as well as political affiliation. Ronald Reagan reappointed Paul Volcker, as well as Barack Obama reappointed Ben Bernanke, despite the fact that both Fed chairs were initially appointed by a president of the other party. In the same spirit, I would encourage the GOP congressional leaders to reappoint Doug Elmendorf every bit CBO director. Sumber https://gregmankiw.blogspot.com/
So who should the side past times side CBO manager be? There are a lot of reputable economists on the Roll Call list. Many are friends of mine. All things considered, however, I believe there is a clear choice: Doug Elmendorf.
Someone recently said to me that the CBO manager is non actually a purpose instrumentalist inwards the political game. He is to a greater extent than similar the referee. That analogy sheds lite on why Doug is the correct soul for the job. What produce you lot desire inwards a expert referee? Competence as well as impartiality. Doug has demonstrated both. He is a superb economist and, over the past six years every bit CBO director, has shown himself to live on scrupulously non-partisan.
I empathise that GOP leaders may live on tempted to pose their ain postage stamp on the Congressional Budget Office. But sometimes the benefits of continuity operate past times ideology as well as political affiliation. Ronald Reagan reappointed Paul Volcker, as well as Barack Obama reappointed Ben Bernanke, despite the fact that both Fed chairs were initially appointed by a president of the other party. In the same spirit, I would encourage the GOP congressional leaders to reappoint Doug Elmendorf every bit CBO director. Sumber https://gregmankiw.blogspot.com/
