News is coming in that President-elect Donald Trump is considering Larry Kudlow as chair of the Council of Economic Advisers. Here is one of his qualifications: Larry just wrote a book, with me in fact, on CEA history.
A few years ago, in my personal blog that preceded my column here on Forbes.com, I wrote a post called “Lowlights in CEA History.” It was prompted by an incredible (as in unbelievable) statement from President Obama’s CEA chair at the time, Christina Romer. Here was Romer, in words Larry and I could not resist quoting verbatim in JFK and the Reagan Revolution:
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