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The Council of Economic Advisers herewith submits its 2024 Annual Report in accordance with the Employment Act of 1946, as amended by the Full Employment and Balanced Growth Act of 1978. Council of Economic Advisers Washington, March 21, 2024
Reports for 1962- include: The annual report of the Council of Economic Advisers (title varies slightly).
This is the annual Economic Report of the President for 2005 originally issued by the Council of Economic Advisers to the President. Each year in February, the Council of Economic Advisers submits this report on its activities during the previous calendar year in accordance with the requirements of the Congress as set forth in section 10(d) of the Employment Act of 1946. The 2005 Economic Report of the President topics related to leading economic issues such as: 7A review of economic developments in 2004 as well as the forecast for 2005 through 2010 7Current annual financial goals concerning topics, including employment, production, real income and Federal budget outlays. 7Employment objectives for significant groups of the labor force. 7Annual financial goals and a program for carrying out program objectives. The Economic Report of the President has been published since 1950 and is available on GPO Access at www.gpo.gov from 1995 forward. A searchable database of the Economic Report of the President is available from 1996 forward. A database of Presidential Economic Reports is available in several digital formats at http: //www.whitehouse.gov/cea/
This economic policy history describes the policy views and counsel provided by Alan Greenspan when he served as the Chairman of the Council of Economic Advisers during the Ford Administration. The author, Dr. Sidney L. Jones, who served as the Assistant Secretary of the Treasury for Economic Policy, eloquently presents his experiences while working with Greenspan. In addition, Dr. Jones performed extensive research through a complete review of the files at the Gerald R. Ford Library at the University of Michigan in Ann Arbor to produce a valuable historical record for scholars, policy makers, and students of contemporary American politics. The study begins with a review of Greenspan's philosophy and methodology. It describes the unexpected formation of the Ford Administration following the resignation of President Nixon. The anti-inflation package of economic policies proposed by the new officials was immediately overwhelmed by a collapse of economic activity caused by cyclical factors and unusual external stress. Greenspan created a unique "weekly GNP" to track the volatile conditions. He recognized that the sharp downturn was caused by the extreme liquidation of inventories rather than a failure of final demand. His policy recommendations focused on stable long-term recovery and reduction of the disruptive double-digit rate of inflation. The study then describes the business cycle recovery marked from March 1975. Greenspan's strong leadership helped to sustain monetary and fiscal policies and the deregulation of economic activities coupled with the avoidance of an increase in government planning and control of the domestic and global economic system. The last chapter summarizes the policy lessons that now support stable monetary and fiscal policies. Book jacket.