Alice Rivlin
Alice Rivlin
Alice Mitchell Rivlinis an economist and former U.S. Federal Reserve and budget official. She served as Vice Chair of the Federal Reserve, Director of the White House Office of Management and Budget, and founding Director of the Congressional Budget Office. Rivlin is an expert on the U.S. federal budget and macroeconomic policy. She is a senior fellow at the Brookings Institution and visiting professor at Georgetown University. Rivlin also co-chaired, with former Senator Pete Domenici, the Bipartisan Policy Center’s Debt...
NationalityAmerican
ProfessionEconomist
Date of Birth4 March 1931
CountryUnited States of America
What he's likely to do is to continue writing and speaking, as he has done to some extent at the Fed, and pursuing his interests in economics, which are very intense, ... He loves working with data and thinking of new ideas about the economy. I suspect we will get some of that, and in some ways, he'll be a little bit freer to speak.
The situation now is really very different from the 1980s.
They've been excellent appointments. These people are in the tradition of strong, well-qualified, non-ideological economists.
No one's really worried about inflation right now.
I wouldn't expect him to do anything different than Greenspan - certainly not at the beginning.
The increase in inequality in income is a longtime trend, but the pressure on middle- and low-income workers is going up rapidly. Especially if they live in an area where there are high housing and gas prices, like California.
most economists, like doctors, are reluctant to make predictions, and those who make them are seldom accurate. The economy, like the human body, is a highly complex system whose workings are not thoroughly understood.
The federal budget deficit is the biggest single impediment to revitalizing the American economy.
If simple, painless solutions to public problems existed, they would have been found long ago.
It's a technical, fairly difficult job that has no particular political connotations, so I doubt there are any big campaign contributors dying to be on the Fed. And remember, it doesn't pay very well, certainly by Republican standards.