A Bear of Bearish News

Above all, he can be stubborn. A long-running argument has been brewing in the Feldstein household over whether to get a television set for the family vacation home near Brattleboro, Vt. His daughters Margaret, 13, and Janet, 11, say yes, but father tunes them out on the ground that the tube would intrude on their time together. "I side with Marty," says Wife Kathleen. "The girls obviously don't like it."

Top White House aides have not had much more luck with Martin Feldstein than have his daughters. Administration officials have been bluntly trying...

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