Thursday, March 26, 2009

Alice Rivlin and Martin Feldstein:WashPost,3.25&3/26

Washington Post,March 26, 2009 on page A21: Alice Rivlin wrote:

The president's budget reflects the candidate's diagnosis of America's economic ills and offers good remedies. It proposes investments in education,if spent effectively,enhance the productivity of American workers."

Economist Rivlin is a senior fellow at the Brookings Institution, was the founding director of the CBO and was director of the White House OMB from 1994 to 1996.

WashPost,March 25, 2009 on page A15:- Martin Feldstein wrote:

Obama budget should be changed to stimulate the near-term recovery of demand and to strengthen long-term incentives for productivity and growth.

Economist Feldstein is an economics professor at Harvard and is president emeritus of the National Bureau of Economic Research.

Both economists cited the need to enhance productivity for growth. "Keys for Economic Understanding" (www.Amazon.com online book catalog) is dedicated to the training of workers to have a marketable skill to supply the demand of American society.

Francis Shieh a.k.a. Xie Shihao on Thursday, March 26, 2009 at 1.12 p.m.

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