"As far as I'm concerned, you can throw it away." So replied Treasury Secretary Donald Regan to Senators who pressed him to say what he thought of a 343-page report on the economic outlook. Prepared by Democrats? No, by his supposed colleague in the high command of the Reagan Administration, Council of Economic Advisers Chairman Martin Feldstein. In case anyone missed his meaning, Regan offered the particulars of his contempt: "I disagree with Feldstein's assessment of the dollar, his views on the deficits and interest rates, his rhetoric about the future and his...
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