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Lawrence B. Lindsey
Lawrence B. Lindsey (born July 18, 1954) is an American economist and author. He was director of the National Economic Council (2001–2002), and the assistant to the president on economic policy for George W. Bush. Lindsey previously served as a member of the Federal Reserve Board of Governors from 1991 to 1997, nominated to position by President George H. W. Bush. During his time with George W. Bush administration he played a leading role in formulating President Bush's $1.35 trillion tax cut plan, convincing candidate Bush that he needed an "insurance policy" against an economic downturn. He left the White House in December 2002 and was replaced by Stephen Friedman after a dispute over the projected cost of the Iraq War. Lindsey estimated the cost of the Iraq War could reach $200 billion, while Defense Secretary Donald Rumsfeld estimated that it would cost less than $50 billion. The overall cost of the Iraq War has been estimated by the Congressional Budget Office to be a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Economic Council (United States)
The National Economic Council (NEC) is the principal forum used by the president of the United States for the consideration of domestic and international economic policy matters with senior policymaking and Cabinet of the United States, Cabinet officials, and forms part of the White House Office, Office of Policy Development which is within the Executive Office of the President of the United States. Since the creation of the National Economic Council on January 25, 1993, its purpose is to coordinate domestic and international economic policy-making decisions; to advise the president on economic policy, with respect to domestic and international economic policy matters; to coordinate with various Agencies of the United States government, agencies across the Federal government of the United States, federal government to establish consistent policy with the president's stated goals; and monitor the implementation of the economic agenda of the president. The National Economic Co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Cut
A tax cut typically represents a decrease in the amount of money taken from taxpayers to go towards government revenue. This decreases the revenue of the government and increases the disposable income of taxpayers. Tax rate cuts usually refer to reductions in the percentage of tax paid on income, goods and services. As they leave consumers with more disposable income, tax cuts are an example of an expansionary fiscal policy. Tax cuts also include reduction in tax in other ways, such as tax credit, deductions and loopholes. However, sometimes a tax cut can increase tax revenue, as economist Thomas Sowell explains: :"What actually followed the cuts in tax rates in the 1920s were rising output, rising employment to produce that output, rising incomes as a result and rising tax revenues for the government because of the rising incomes, even though the tax rates had been lowered." How a tax cut affects the economy depends on which tax is cut. Policies that increase disposable inco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Enterprise Institute
The American Enterprise Institute for Public Policy Research, known simply as the American Enterprise Institute (AEI), is a center-right think tank based in Washington, D.C., that researches government, politics, economics, and social welfare. AEI is an independent nonprofit organization supported primarily by contributions from foundations, corporations, and individuals. Founded in 1938, the organization is aligned with conservatism but does not support political candidates. AEI advocates in favor of private enterprise, limited government, and democratic capitalism. It is governed by a 29-member Board of Trustees. Approximately 185 authors are associated with AEI. Arthur C. Brooks served as president of AEI from January 2009 through July 1, 2019. He was succeeded by Robert Doar. History Beginnings (1938–1954) AEI grew out of the American Enterprise Association (AEA), which was founded in 1938 by a group of New York businessmen led by Lewis H. Brown. AEI's founders incl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neighborhood Reinvestment Corporation
The Neighborhood Reinvestment Corporation, also known as NeighborWorks America, is a congressionally chartered nonprofit organization that supports community development in the United States and Puerto Rico. The organization provides grants and technical assistance to more than 240 community development organizations. Neighbor Works America provides training for housing and community development professionals through its national training institutes. Since 2007, Neighbor Works America has administered the congressionally created National Foreclosure Mitigation Counseling Program. The Neighbor Works network is made up of more than 240 community development organizations working in urban, suburban, and rural communities across the country. The Neighborhood Reinvestment Board of Directors consists of the Deputy Secretary of Housing and Urban Development, a member of the Board of Governors of the Federal Reserve System, a member of the Chief Counsel Office of the Comptroller of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Board Of Governors Of The Federal Reserve
The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve, Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the monetary policy of the United States. Governors are appointed by the president of the United States and confirmed by the United States Senate, Senate for staggered 14-year terms.See It is headquartered in the Eccles Building on Constitution Avenue, N.W. in Washington, D.C. Statutory description By law, the appointments must yield a "fair representation of the financial, agricultural, industrial, and commercial interests and geographical divisions of the country". As stipulated in the Banking Act of 1935, the Chair of the Federal Reserve, chair and Vice Chair of the Federal Reserve, vice chair of the Board are two of seven members of the Board of Governors who are appointed by the President of the United States, president fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Council Of Economic Advisers
The Council of Economic Advisers (CEA) is a United States agency within the Executive Office of the President established in 1946, which advises the president of the United States on economic policy. The CEA provides much of the empirical research for the White House and prepares the publicly-available annual Economic Report of the President. The council is made up of its chairperson and generally two to three additional member economists. Its chairperson requires appointment and Senate confirmation, and its other members are appointed by the President. Activities Economic Report of the President The report is published by the CEA annually in February, no later than 10 days after the Budget of the US Government is submitted. The president typically writes a letter introducing the report, serving as an executive summary. The report proceeds with several hundred pages of qualitative and quantitative research reviewing the impact of economy, economic activity in the previous ye ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ronald Reagan
Ronald Wilson Reagan (February 6, 1911 – June 5, 2004) was an American politician and actor who served as the 40th president of the United States from 1981 to 1989. He was a member of the Republican Party (United States), Republican Party and became an important figure in the American conservative movement. Presidency of Ronald Reagan, His presidency is known as the Reagan era. Born in Illinois, Reagan graduated from Eureka College in 1932 and was hired the next year as a sports broadcaster in Iowa. In 1937, he moved to California where he became a well-known film actor. During his acting career, Reagan was president of the Screen Actors Guild twice from 1947 to 1952 and from 1959 to 1960. In the 1950s, he hosted ''General Electric Theater'' and worked as a motivational speaker for General Electric. During the 1964 United States presidential election, 1964 presidential election, Reagan's "A Time for Choosing" speech launched his rise as a leading conservative figure. After b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Phi Beta Kappa
The Phi Beta Kappa Society () is the oldest academic honor society in the United States. It was founded in 1776 at the College of William & Mary in Virginia. Phi Beta Kappa aims to promote and advocate excellence in the liberal arts and sciences, and to induct outstanding students of arts and sciences at select American colleges and universities. Since its inception, its inducted members include 17 President of the United States, United States presidents, 42 Supreme Court of the United States, United States Supreme Court justices, and 136 Nobel Prize, Nobel laureates. History Origins The Phi Beta Kappa Society had its first meeting on December 5, 1776, at the College of William & Mary in Williamsburg, Virginia by five students, with John Heath as its first President. The society established the precedent for naming American college societies after the initial letters of a secret Greek motto. The group consisted of students who frequented the Raleigh Tavern as a common meeting ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alpha Rho Upsilon
Alpha Rho Upsilon ( in Greek, ARU in Latin/English; pronounced A-roo) was a local Fraternities and sororities, fraternity at Bowdoin College in Brunswick, Maine. It was established in 1946 and operated until the college closed all Greek letter organizations in 1990. History Alpha Rho Upsilon formed from the Thorndike Club, a dining club established in 1937 for non-fraternity students at Bowdoin College. In January 1946, under the leadership of the club's faculty advisor Ernst Christian Helmreich and Moulton Union manager Donovan D. Lancaster, the club petitioned the university to become a fraternity called Alpha Rho Upsilon (ARU). The university recognized ARU on December 12, 1946. Its first president was Charles G. Chason. Psycholology professor Norman L. Munn became the fraternity's first advisor. Alpha Rho Upsilon founding members were students who were World War II veterans. The fraternity was created in reaction to the exclusion of Jewish and African American students from ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shrub Oak, New York
Shrub Oak is an unincorporated hamlet and census-designated place (CDP) located in the town of Yorktown in Westchester County, New York, United States. The population was 2,011 at the 2010 census. Geography Shrub Oak is located at (41.330178, -73.829736). According to the United States Census Bureau, the hamlet has a total area of , of which , or 1.23%, is water. Demographics At the 2000 census there were 1,812 people, 601 households, and 495 families residing in the hamlet (of Yorktown). The population density was . There were 612 housing units at an average density of . The racial makeup of the hamlet was 93.16% White, 2.21% African American, 0.39% Native American, 1.16% Asian, 1.93% from other races, and 1.16% from two or more races. Hispanic or Latino of any race were 8.66%. Of the 601 households, 45.6% had children under the age of 18 living with them, 68.6% were married couples living together, 8.5% had a female householder with no husband present, and 17.5% were no ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lakeland High School (Shrub Oak, New York)
Lakeland High School (LHS), located in Shrub Oak, New York, United States, is a senior public high school serving students in ninth through twelfth grades as part of the Lakeland Central School District. Along with its sister school, Walter Panas High School of Cortlandt Manor, LHS attracts a culturally diverse (70% whit) and talented student body from over in northern Westchester County, New York, Westchester County. The school's colors are gold and green, and its mascot is a hornet. As of the 2014–15 school year, the school had an enrollment of 1,045 students and 77.3 classroom teachers (on an FTE basis), for a student–teacher ratio of 13.5:1. There were 133 students (12.7% of enrollment) eligible for free lunch and 42 (4.0% of students) eligible for reduced-cost lunch. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Donald Rumsfeld
Donald Henry Rumsfeld (July 9, 1932 – June 29, 2021) was an American politician, businessman, and naval officer who served as United States Secretary of Defense, secretary of defense from 1975 to 1977 under President Gerald Ford, and again from 2001 to 2006 under President George W. Bush. He was both the youngest and the oldest secretary of defense. Additionally, Rumsfeld was a four-term United States House of Representatives, U.S. Congressman from Illinois (1963–1969), director of the Office of Economic Opportunity (1969–1970), Counselor to the President, counselor to the president (1969–1973), the United States Permanent Representative to NATO, U.S. Representative to NATO (1973–1974), and the White House Chief of Staff (1974–1975). Between his terms as secretary of defense, he served as the CEO and chairman of several companies. Born in Illinois, Rumsfeld attended Princeton University, graduating in 1954 with a degree in political science. After serving in the U ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
