Lawrence B. Lindsey
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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 app ...
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National Economic Council (United States)
National may refer to: Common uses * Nation or country ** Nationality – a ''national'' is a person who is subject to a nation, regardless of whether the person has full rights as a citizen Places in the United States * National, Maryland, census-designated place * National, Nevada, ghost town * National, Utah, ghost town * National, West Virginia, unincorporated community Commerce * National (brand), a brand name of electronic goods from Panasonic * National Benzole (or simply known as National), former petrol station chain in the UK, merged with BP * National Car Rental, an American rental car company * National Energy Systems, a former name of Eco Marine Power * National Entertainment Commission, a former name of the Media Rating Council * National Motor Vehicle Company, Indianapolis, Indiana, USA 1900-1924 * National Supermarkets, a defunct American grocery store chain * National String Instrument Corporation, a guitar company formed to manufacture the first resonator g ...
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Tax Cut
A tax cut represents a decrease in the amount of money taken from taxpayers to go towards government revenue. Tax cuts decrease the revenue of the government and increase the disposable income of taxpayers. Tax 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. How a tax cut affects the economy depends on which tax is cut. Policies that increase disposable income for lower- and middle-income households are more likely to increase overall consumption and "hence stimulate the economy". Tax cuts in isolation boost the economy because they increase government borrowing. However, they are often accompanied by spending cuts or changes in monetary policy that can offset their stimulative effects. Types Tax cuts are typically cuts in th ...
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American Enterprise Institute
The American Enterprise Institute for Public Policy Research, known simply as the American Enterprise Institute (AEI), is a center-right Washington, D.C.–based think tank that researches government, politics, economics, and social welfare. AEI is an independent nonprofit organization A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in co ... supported primarily by contributions from Foundation (nonprofit), foundations, corporations, and individuals. Founded in 1938, AEI is aligned with Conservatism in the United States, conservatism and neoconservatism but does not support political candidates. AEI advocates in favor of Privately held company, private enterprise, limited government, and democratic capitalism. AEI is governed by a 28-member Board of Trustees, composed of executives a ...
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Neighborhood Reinvestment Corporation
The Neighborhood Reinvestment Corporation, doing business 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. NeighborWorks America provides training for housing and community development professionals through its national training institutes. Since 2007, NeighborWorks America has administered the Congressionally created National Foreclosure Mitigation Counseling Program. The NeighborWorks network comprises 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 the Cu ...
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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 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 Senate for staggered 14-year terms.See 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 and Vice Chair of the Board are two of seven members of the Board of Governors who are appointed by the President from among the sitting governors of the Federal Reserve Banks. The terms of the seven members of the Board span multiple presidential and congressional terms. Once a member of the Board of Governors is appointed by the presid ...
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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. 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 and used for press coverage. The report proceeds with several hundred pages of qualitative and quantitative research by reviewing the impact of economy, economic activity in the previous year, outlining the economic goals for the coming year (based on the President's economic agenda), and making numerical projections of economic performance and outcomes. Public criticism ...
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Ronald Reagan
Ronald Wilson Reagan ( ; February 6, 1911June 5, 2004) was an American politician, actor, and union leader who served as the 40th president of the United States from 1981 to 1989. He also served as the 33rd governor of California from 1967 to 1975, after having a career in entertainment. Reagan was born in Tampico, Illinois. He graduated from Eureka College in 1932 and began to work as a sports announcer in Iowa. In 1937, Reagan moved to California, where he found Ronald Reagan filmography, work as a film actor. From 1947 to 1952, Reagan served as the president of the Screen Actors Guild, working to Hollywood blacklist, root out alleged communist influence within it. In the 1950s, he moved to a career in television and became a spokesman for General Electric. From 1959 to 1960, he again served as the guild's president. In 1964, his speech "A Time for Choosing" earned him national attention as a new conservative figure. Building a network of supporters, Reagan was 1966 Califo ...
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Phi Beta Kappa
The Phi Beta Kappa Society () is the oldest academic honor society in the United States, and the most prestigious, due in part to its long history and academic selectivity. Phi Beta Kappa aims to promote and advocate excellence in the liberal arts and sciences, and to induct the most outstanding students of arts and sciences at only select American colleges and universities. It was founded at the College of William and Mary on December 5, 1776, as the first collegiate Greek-letter fraternity and was among the earliest collegiate fraternal societies. Since its inception, 17 U.S. Presidents, 40 U.S. Supreme Court Justices, and 136 Nobel Laureates have been inducted members. Phi Beta Kappa () stands for ('), which means "Wisdom it. love of knowledgeis the guide it. helmsmanof life". Membership Phi Beta Kappa has chapters in only about 10% of American higher learning institutions, and only about 10% of these schools' Arts and Sciences graduates are invited to join the society. ...
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Alpha Rho Upsilon
Alpha Rho Upsilon ( in Greek, ARU in Latin/English; pronounced A-roo) was a Fraternities and sororities, fraternity at Bowdoin College in Brunswick, Maine, from 1946 until it was disbanded in 1990. Until then it occupied a late Victorian architecture, Victorian wood-frame house at 238 Maine Street. Founding and history An offshoot of the Thorndike Club, a dining club formed in 1937 for non-fraternity students at the college, ARU was founded in 1946 by a group of Bowdoin students, who included World War II veterans, in reaction to the exclusion of Jewish and African American students from the other campus fraternities at the time. The letters ARU stood for "All Races United," and they lived up to their name by, for example, sponsoring a Japanese student in 1951. History Professor Ernst Christian Helmreich was the faculty adviser to the Thorndike Club from 1937–1946. German Professor Fritz Carl August Koelln was the fraternity's long-time faculty adviser. Recognizing the discriminat ...
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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 1,127.3 per square mile (434.5/km). There were 612 housing units at an average density of 380.8/sq mi (146.8/km). 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 fem ...
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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% whi) 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.
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Donald Rumsfeld
Donald Henry Rumsfeld (July 9, 1932 – June 29, 2021) was an American politician, government official and businessman who served as 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 three-term U.S. Congressman from Illinois (1963–1969), director of the Office of Economic Opportunity (1969–1970), counselor to the president (1969–1973), the 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 Navy for three years, he mounted a campaign for Congress in Illinois's 13th Congressional District, winning in 1962 at the age of 30. Rumsfeld a ...
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