Posted on 02/16/2005 4:30:13 PM PST by paudio
President Bush's top economic adviser is leaving his post to return to academia, the White House announced Wednesday.
N. Gregory Mankiw, the chairman of the president's Council of Economic Advisers, wrote Bush a letter of resignation dated Feb. 9.
"It is time for me to return to my family, my students and my books," the former Harvard University professor wrote in the letter that also praised Bush's economic policies.
(Excerpt) Read more at cnn.com ...
Libs will say this is another Bush failure in 3... 2... 1...
This guy stepped into it last year. It may not be such a bad thing....
The administration does seems to have a revolving door when it comes to anyone on the economic team.
Compared to what? or whom?
Don't make me post a picture of Paul O'Neil in his pajamas.
Why does the government have a Council on Economic Advisors for anyway? Abolish the damn thing.
Time for a better Yes man.
Too bad some of you fellow freepers can't see good talent when it's right in front of you. Mankiw was a rare commodity..an economist who was usually correct!
His prediction last January 2004 as to how many jobs the economy would create in 2004? 2.5 million. He was widely laughed at and ridiculed for this statement. The actual final total was 2.35 million.
I agree with you that Mankiw is a great economist. Too bad he prefers to return now. We'll see if Bernanke will take the job. Or perhaps Kotlikoff (although I doubt).
Here is Larry Kudlow's financial blog:
http://www.lkmp.blogspot.com/
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