September 02, 2004
Arnold's Kitchen Cabinet?
Posted by | 10:56 AM
For those watching the California economy (and remember, it's the seventh largest in the world), GOP Gov. Arnold Schwarzenegger has just assembled a private-sector group of about a dozen experts to advise him and his staff on fiscal policies, drawing heavily from Stanford University fellows and faculty. "We want to save him from his staff," said one member of the group who ventured to New York for President Bush's convention. Former Secretary of State George Schultz is chair, and members include President George H.W. Bush's Council of Economic Advisers Chairman Michael Boskin; Hoover Institution budget expert John Cogan; former Reagan policy adviser Martin Anderson; supply-sider Art Laffer (think Laffer Curve); and Nobel Prize-winning economist Milton Friedman. No word on how often the new roundtable will be brainstorming.
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