tag:blogger.com,1999:blog-4900303239154048192.post5673577279993974591..comments2024-03-06T06:34:42.881-05:00Comments on EconoSpeak: Kevin 36000 Hassett to Head the CEAUnknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4900303239154048192.post-14733274030126538892017-03-03T10:08:49.938-05:002017-03-03T10:08:49.938-05:00Oops, that is pretty much what Professor Rosser sa...Oops, that is pretty much what Professor Rosser said better than I did. Happy to agree.Jerry Brownnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-80620432737701868382017-03-03T10:04:58.881-05:002017-03-03T10:04:58.881-05:00Nice post. It is ironic that Hassett is viewed as...Nice post. It is ironic that Hassett is viewed as a decent appointment. I guess you float Larry Kudlow as a possibility and then anyone else starts look better in comparison and viewed with some relief.Jerry Brownnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-85786853422038197292017-03-03T09:53:38.043-05:002017-03-03T09:53:38.043-05:00It is kind of hilarious to see professional econom...It is kind of hilarious to see professional economist friends I know all goo goo gaga over the Hassett appointment. I guess part of this is that he is a nice guy and is much of the time sort of reasonable and sensible, if quite conventionally conservative. Whew! they say, with his main sin besides his conservatism being this embarrassing Dow 36000 book.<br /><br />That may be, but it is sad commentary that somebody like that is now viewed as being such a relief as an appointment. I mean, who were the alternatives? They were talking not-even-an-economist Larry Kudlow there for awhile, and so far the only "professional economist" to get a high level administrative appointment from Trump has been the more or less insane Peter Navarro, who may have a Harvard PhD, but who got Trump's attention by writing a book arguing that we go to war with China, and I mean an actual shooting war, not just the trede war he also wants. <br /><br />There is also the matter that the CEA Chair position has been downgraded from cabinet level, with it clear that sort-of-maybe-not-too-insane Hassett will have no say or power whatsoever, while Navarro with his new Trade Council will, along with NEC Chair Cohn from Goldman Sachs, who is apparently behind the already being pushed if not enacted rollback of financial regulations from Dodd-Frank. Gag all the way around.rosserjb@jmu.eduhttps://www.blogger.com/profile/09300046915843554101noreply@blogger.com