FACTOID # 119: The United States has the world's highest number of McDonald’s restaurants per capita. Americans also die of obesity more often than any other nation, with more deaths than Mexico, Germany, Spain, Austria and Canada combined.
 
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Encyclopedia > Council of Economic Advisors

The Council of Economic Advisers is a group of economists set up to advise the President of the United States. It is a part of the Executive Office of the President of the United States, and provides much of the economic policy of the White House.


Past members have included:

Its current chairman is N. Gregory Mankiw, and its current members include Harvey S. Rosen and Kristin J. Forbes. Its members are nominated by the President, and approved by the Senate (as most government officials are).


The Council of Economic Advisers assist the President in decisions that handle employment, production, and purchasing power. The Council analyzes the nation's economic situation and gives recomendations within the boundaries of what the President wants done economically. These economists are appointed by the President and confirmed by the Senate. The Employment Act of 1946 created the Council of Economic Advisors. There are about 35 assistants to the council.


  Results from FactBites:
 
About the Council of Economic Advisers (4785 words)
Martin Feldstein was Chairman of the Council of Economic Advisers during the Reagan Administration from October 14, 1982 to July 10, 1984.
These included a cabinet council on commerce and trade that was chaired by the Secretary of Commerce, a cabinet council that dealt with labour and social insurance issues, a cabinet council that dealt with regulatory and legal issues, and a general cabinet council on economic affairs that was chaired by the Secretary of the Treasury.
In insisted, however, that the CEA alone was responsible for the final forecast in order to avoid a repetition of earlier experience in which the forecast was widely (and correctly) criticized as over-optimistic, and therefore as leading to a substantial underestimate to future budget deficits.
From the New Mercantilism to Economic Fascism (1344 words)
Prepared by the President's Council of Economic Advisors, the report is meant to provide a detailed summary of where the American economy has been during the past twelve months and to offer various projections as to where the economy is heading for the next twelve months.
And in the context of this economic philosophy, the President's economic advisors suggest various economic policy changes believed to be in the interests of the nation's economic well-being.
The President's advisors insist that "the Administration's economic policies are designed both to mitigate the current downturn and to strengthen the foundations for a solid recovery and a return to sustained economic growth." They say that "[tlhe global wave of market-oriented reform.
  More results at FactBites »


 

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