{"id":11949,"date":"2012-08-13T21:44:41","date_gmt":"2012-08-14T02:44:41","guid":{"rendered":"http:\/\/ssgreenberg.name\/PoliticsBlog\/?p=11949"},"modified":"2012-08-13T21:49:08","modified_gmt":"2012-08-14T02:49:08","slug":"economists-to-romney-campaign-thats-not-what-our-research-says","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2012\/08\/13\/economists-to-romney-campaign-thats-not-what-our-research-says\/","title":{"rendered":"Economists to Romney campaign: That\u2019s not what our research says"},"content":{"rendered":"

The Washington Post<\/em> web site has the piece Economists to Romney campaign: That\u2019s not what our research says<\/strong><\/a>.<\/p>\n

The article starts with:<\/p>\n

On Tuesday, the Romney campaign responded to the fire it\u2019s taking from economic analysts by unleashing some artillery of their own. They released a paper<\/a> by four decorated economists associated with the campaign \u2014 Glenn Hubbard, Greg Mankiw, John Taylor, and Kevin Hassett \u2014 that tried to lend some empirical backing to \u201cThe Romney Program for Economic Recovery, Growth, and Jobs.\u201d<\/p>\n

Hubbard, Mankiw, Taylor and Hassett make three main points: The first is that this recovery has been terribly slow, even by the standards of post-financial crisis recoveries. The second is that the Obama administration made a grievous error by relying on stimulus. And the third is that Romney\u2019s tax and economic plans would usher in an era of rapid growth that would both be good for the country and provide the boost to revenues and employment necessary to make their numbers work out.<\/p>\n

Each of these sections include supporting documents from independent economists. And so I contacted some of the named economists to ask what they thought of the Romney campaign\u2019s interpretation of their research. In every case, they responded with a polite version of Marshall McLuhan\u2019s famous riposte. The Romney campaign, they said, knows little of their work. Or of their policy proposals.<\/p><\/blockquote>\n

The article concludes with:<\/p>\n

So even the studies that the Romney campaign\u2019s economists handpicked to bolster their case don\u2019t prove what the Romney campaign says they prove. And some of the key policy recommendations that flow from those studies are anathema to the Romney campaign. And in perhaps the key policy area highlighted by these studies, the Romney campaign doesn\u2019t have a formal policy. If this is the best they can do in support of their economic plan, well, it\u2019s not likely to quiet the critics.<\/p><\/blockquote>\n

Was the author of this article being generous when he called the Romney economists decorated?\u00a0 Or was he thinking of something unpleasant with which they were decorated, or at least full of?<\/p>\n

This is not the first time on this blog that I have published something about the economist Glenn Hubbard.\u00a0 See for instance, What Is Republican Economist Glenn Hubbard Thinking Department?<\/strong><\/a><\/p>\n

Don’t “respected” institutions of higher learning have any standards for what is written by people they give the title of Professor or Department Head?<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The Washington Post web site has the piece Economists to Romney campaign: That\u2019s not what our research says. The article starts with: On Tuesday, the Romney campaign responded to the fire it\u2019s taking from economic analysts by unleashing some artillery of their own. They released a paper by four decorated economists associated with the campaign […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":{"0":"post-11949","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stevegsposts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/11949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=11949"}],"version-history":[{"count":3,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/11949\/revisions"}],"predecessor-version":[{"id":11951,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/11949\/revisions\/11951"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=11949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=11949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=11949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}