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Brady Announcement - Boskin Bio's 1989 [OA 4425]
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323154625
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Brady Announcement - Boskin Bio's 1989 [OA 4425]
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Records of the White House Office of Speechwriting (George H. W. Bush Administration)
Mary Kate Grant Subject Files
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Originally Processed With FOIA(s):
FOIA Number:
S
FOIA
MARKER
This is not a textual record. This is used as an
administrative marker by the George Bush Presidential
Library Staff.
Record Group/Collection:
George H.W. Bush Presidential Records
Collection/Office of Origin:
Speechwriting, White House Office of
Series:
Grant, Mary Kate, Files
Subseries:
Subject File, 1988-1991
OA/ID Number:
13877
Folder ID Number:
13877-018
Folder Title:
Brady Announcement-Boskin Bio's, 1989
Stack:
Row:
Section:
Shelf:
Position:
G
19
2
7
2
Michael 3. Boskin
Burnet C. and Mildred Finley Wohlford Professor of Economics
Director, Center for Economic Policy Research
Stanford University
and
Research Associate, National Bureau of Economic Research, Inc.
Michael J. Boskin was educated at the University of California at
Berkeley (BA '67 with highest honors and the Chancellor's Award and
Economics Department Citation for Outstanding Undergraduate Honors Thesis;
MA '68; Ph.D. '71). He joined the Stanford faculty as Assistant Professor
of Economics in September 1970 and was promoted to Associate Professor in
1976 and Professor in 1978. In 1986, he was appointed Director of the
Center for Economic Policy Research.
Professor Boskin is the recipient of numerous professional awards and
citations, ranging from the first National Tax Association Outstanding
Doctoral Dissertation Award in 1971 to the Abramson Award for Outstanding
Research from the National Assocation of Business Economists in 1987, and
Stanford University's Distinguished Teaching Award in 1988. He is the
author of more than 80 books and articles in the areas of government
spending, tax theory and policy, public debt, Social Security, retirement
patterns and behavior, U.S. saving behavior, capital formation, U.S.
economic growth, and the economic status of the elderly.
He has testified on numerous occasions before, and served as consultant
to, several committees of each house of Congress dealing with economic
policy: Senate Finance Committee, House Ways and Means Committee, House and
Senate Budget Committees, and Joint Economic Committee.
Professor Boskin has served as a consultant and an advisor to the White
House, Department of Health and Human Services, Treasury Department,
National Science Foundation, and various other government agencies.
Professor Boskin, one of Stanford's most popular teachers, is a member
of the Economic Education Committee of the American Economic Association.
He is an avid tennis player and skier.
Michael J. Boskin
Burnet C. and Mildred Finley Wohlford Professor of Economics
Director, Center for Economic Policy Research
Stanford University
and
Research Associate, National Bureau of Economic Research, Inc.
Michael J. Boskin was educated at the University of California at
Berkeley (BA '67 with highest honors and the Chancellor's Award and
Economics Department Citation for Outstanding Undergraduate Honors Thesis;
MA '68; Ph.D. '71). He joined the Stanford faculty as Assistant Professor
of Economics in September 1970 and was promoted to Associate Professor in
1976 and Professor in 1978. In 1986, he was appointed Director of the
Center for Economic Policy Research.
Professor Boskin is the recipient of numerous professional awards and
citations, ranging from the first National Tax Association Outstanding
Doctoral Dissertation Award in 1971 to the Abramson Award for Outstanding
Research from the National Assocation of Business Economists in 1987, and
Stanford University's Distinguished Teaching Award in 1988. He is the
author of more than 80 books and articles in the areas of government
spending, tax theory and policy, public debt, Social Security, retirement
patterns and behavior, U.S. saving behavior, capital formation, U.S.
economic growth, and the economic status of the elderly.
He has testified on numerous occasions before, and served as consultant
to, several committees of each house of Congress dealing with economic
policy: Senate Finance Committee, House Ways and Means Committee, House and
Senate Budget Committees, and Joint Economic Committee.
Professor Boskin has served as a consultant and an advisor to the White
House, Department of Health and Human Services, Treasury Department,
National Science Foundation, and various other government agencies.
Professor Boskin, one of Stanford's most popular teachers, is a member
of the Economic Education Committee of the American Economic Association.
He is an avid tennis player and skier.
Michael J. Boskin
Burnet C. and Mildred Finley Wohlford Professor of Economics
Director, Center for Economic Policy Research
Stanford University
and
Research Associate, National Bureau of Economic Research, Inc.
Michael J. Boskin was educated at the University of California at
Berkeley (BA '67 with highest honors and the Chancellor's Award and
Economics Department Citation for Outstanding Undergraduate Honors Thesis;
MA '68; Ph.D. '71). He joined the Stanford faculty as Assistant Professor
of Economics in September 1970 and was promoted to Associate Professor in
1976 and Professor in 1978. In 1986, he was appointed Director of the
Center for Economic Policy Research.
Professor Boskin is the recipient of numerous professional awards and
citations, ranging from the first National Tax Association Outstanding
Doctoral Dissertation Award in 1971 to the Abramson Award for Outstanding
Research from the National Assocation of Business Economists in 1987, and
Stanford University's Distinguished Teaching Award in 1988. He is the
author of more than 80 books and articles in the areas of government
spending, tax theory and policy, public debt, Social Security, retirement
patterns and behavior, U.S. saving behavior, capital formation, U.S.
economic growth, and the economic status of the elderly.
He has testified on numerous occasions before, and served as consultant
to, several committees of each house of Congress dealing with economic
policy: Senate Finance Committee, House Ways and Means Committee, House and
Senate Budget Committees, and Joint Economic Committee.
Professor Boskin has served as a consultant and an advisor to the White
House, Department of Health and Human Services, Treasury Department,
National Science Foundation, and various other government agencies.
Professor Boskin, one of Stanford's most popular teachers, is a member
of the Economic Education Committee of the American Economic Association.
He is an avid tennis player and skier.
STATEMENT BY VICE PRESIDENT BUSH
REGARDING NOMINATION OF NICHOLAS BRADY
I am pleased to announce today my choice of Nicholas Brady
to head the Department of the Treasury.
Secretary Brady brings to this office an extraordinary
combination of financial and political experience. His thirty-
four years in the banking industry, culminating in his
chairmanship of the Board of Directors of Dillon, Read & Co., has
provided him with an insight into the dynamics of financial
markets that few others have.
His experience as a United States Senator brings him the
valuable ability to work effectively with the Congress as we
develop a workable budget deficit reduction plan. And, his
leadership and participation in key advisory groups such as the
Kissinger Commission on Central America, the Packard Commission
on Defense Management, and most recently the Presidential Task
Force on Market Mechanisms which he chaired, will bring to my
Administration the advice and counsel of a man who knows both
process and policy.
Nick Brady will be my Administration's chief economic
spokesman. He knows that our most important priority is to keep
our economy growing with low inflation. He knows that we must
resist policies that will impede that effort, such as raising
taxes, or resorting to protectionism.
He knows we must sit down with the Congress and hammer out a
budget deficit reduction agreement, and that we have to do it
soon. Finally, Nick Brady knows the importance of working with
our economic and trading partners internationally so that our
economic policies are in closer coordination.
I am proud to have him as a key member of my economic team.
PROPOSED QUESTIONS AND ANSWERS -- BRADY ANNOUNCEMENT
1) You've promised to begin working on the deficit. When
will those negotiations take place, and who will be involved?
We will begin working as soon as possible after I'm sworn
in. My transition team is already at work in preparation for
those meetings. The exact process -- dates and names of those
involved -- is under review right now. As I said yesterday, I
may be having some contacts with key Members of Congress on this
subject prior to the Inaugural. We'll get the details on the
negotiations to you as soon as it's firmed up.
2) Will you submit a proposed budget of your own, or do you
endorse the Reagan Administration's proposed FY 89 budget?
Well, we're looking at that, but it's still very early. I
first have to assemble the rest of my economic team. Once that's
done, reviewing the FY 89 budget will be one of their first
priorities. We don't know yet what adjustments we might make to
that budget. Let me tell you one thing: The idea I spoke of all
through the primaries and the general election -- the flexible
freeze -- is the one I believe in. Hold the line on spending,
raise no new taxes, and keep that economy growing -- that's the
kind of budget you'll see from me.
I'd like to take a minute here to say something about the
economy. You asked me about President Reagan's budget.
President Reagan has brought this country to a very strong
economic position. The most important thing we can do is keep
that economy growing strong and healthy, keep inflation down,
spending down, and most importantly, keep taxes down. Keep that
economy from going down the wrong track. The budget negotiations
are a vital part of this, and as soon as the rest of my economic
team is in place, that's Job #1.
3) When will the rest of the economic advisors be named?
Soon.
4) Do you agree or disagree with Martin Feldstein's recent
remarks about the dollar -- that it needs to fall another 20
percent?
Dr. Feldstein, of course, is entitled to his opinion. But
as I said before, I am not willing to get into the business of
saying what the appropriate level of the dollar should be. I
don't want to engage in speculation. The fundamental things that
I am concerned about are keeping the economy growing, resisting
policies that will take us down the wrong track, and getting the
budget deficit down.
THE CHAIRMAN OF THE
COUNCIL OF ECONOMIC ADVISERS
WASHINGTON
February 6, 1989
MEMORANDUM FOR DAVE DEMAREST, ET AL
FROM:
MICHAEL BOSKIN
SUBJECT:
Suggested Points for Presidential Remarks
during Swearing-in Ceremony
Listed below are a few points the speechwriter might want
to use in writing the President's remarks during my swearing-in
ceremony, Tuesday, February 7, at 11:30 a.m., in the Oval
Office.
1. In nominating me, the then President-elect indicated he had
not only found my advice very helpful, but also felt he had
learned some economics from me, and was looking forward to
continuing that relationship.
2. He should say something about the importance of the
Chairman of the Council of Economic Advisers in giving advice
on the full range of economic issues confronting the Nation and
the world, and of the CEA Chairman being a key member of the
top economic team.
3. He might say something about the fact that he knows I share
his commitment to the importance of public service.
4. All but two of the guests will be from California, and he
might remark on that, if he so desires.
5. If he wants to make a quip, he could say something about
the move from the ivory tower to the glass fishbowl; from the
theoretical world of the academician to the real world of
actual decisionmaking; and/or that while he is sure I will find
it an interesting and rewarding experience, my tennis game will
surely suffer from lack of use, and abuse.
6. The list of people coming to the Oval Office is as follows:
Michael Boskin
Chris Boskin, my wife
Eleanor Dornin, my mother-in-law
Stephen Boskin, my brother
Cecelia Boskin, my sister-in-law
Michelle Boskin, my neice
Gregory Boskin, my nephew
Susan Johnson, my sister-in-law
Lisa Johnson, my neice
George Green and his wife Wilma Jordan, close family friends
Joseph and Cheryl DuCote, close personal family friends