From Rappaport, Swanson, Duehren, in NYT yesterday, an interestingly monochromatic picture of the incoming economics team.
Notes: Clockwise from top left: Bessent (to Treasury; Yale; Key Square Group), Luttnick (to Commerce: Haverford; Cantor Fitzgerald), Hassett (to NEC; Swarthmore, Penn; AEI), Vought (to OMB; Wheaton, GWU Law; Heritage/CRA/Project 2025), Greer (to USTR; BYU, UVA Law; USTR and King & Spalding); Miran (to CEA; BU, Harvard; Hudson Bay Capital Mgmt), Navarro (to EOP; Tufts, Harvard; UC Irvine and EOP), Faulkender (to Treasury Dpty; UC Davis, Northwestern; Treasury, UMD).
Current administration counterparts are Janet Yellen, Gina Raimondo, Lael Brainard, Shalanda Young, Katherine Tai, Jared Bernstein, n/a, Wally Adeyemo.
“Navarro (to EOP; Tufts, Harvard; UC Irvine and EOP)” — and Miami Federal Prison.
Of the 15 economic advisors identified, how many actually have a degree in economics?
Richard A.: Hassett, Miran, Navarro and Faulkender have PhD’s in econ or finance. For Biden admin, Yellen, Brainard, Bernstein have PhD’s.
Hassett was the “expert” who created the inexcusable “cubic fit” model that projected that COVID deaths would go to zero by the end of May 2020. This provided cover for Trump to relax pandemic mitigation policies just as the pandemic was ramping up. He’s a loyal toadie who will say whatever his Dear Leader requires of him.
Hassett is responsible for a lot of deaths and no one should ever forget it.