[lbo-talk] The Bird-Watching Businessman

Paul paul_ at igc.org
Sat Jun 3 13:34:47 PDT 2006


Doug H.'s exchange with me:
>>>And he's [Treasury Secretary designee Paulson] not likely to
>>>pursue the same policies as Rubin - he's to the right of old Bob
>>>on fiscal and social issues.
>>
>>I can see the significant differences on social issues, etc. But
>>do you think there would be significant differences on *Treasury*
>>policy? [serious not rhetorical question]
>
>Well Rubin was the only member of BC'c cabinet who opposed welfare
>"reform." Paulson, if anything, is suspected of being a weak dollar
>guy, the opposite of Rubin. I suspect that Paulson is to the right of
>Rubin on tax policy but I don't know for sure. Must make some inquiries.
>
>Doug

Remember the days of the Keynesians, when being a weak currency guy was considered a tip to being "liberal"? (i.e. stimulative, albeit perhaps unneighborly).

Paulson appeared for an hour on Charlie Rose two years ago (maybe more candid than he would be today?). For any who might be interested, and can figure out how to purchase it for $0.99 (I can't), http://video.google.com/videoplay?docid=-9129286749970910343&q=tvshow%3ACharlie_Rose+Paulson

Paul



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