Keith Hennessey

@KeithHennessey

Lecturer, Stanford Graduate School of Business. Economic policy teacher.

Stanford, CA
Joined July 2009

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  1. Full statement: expresses strong support for the freedom to trade. Learn more

  2. My response to Trump on steel:

  3. 1 more time before tomorrow's CA primary: I oppose Donald Trump

  4. Orin Hatch on Senate floor in favor of Blahous and Reischauer as public trustees of Social Security

  5. I [still] oppose Donald Trump.

  6. I oppose Donald Trump.

  7. New post: Clinton v. Sanders on auto loans

  8. Keith Hall, the new CBO Director

  9. Sources for last moderate fiscal Democrat post

  10. Will the last moderate fiscal Democrat please turn out the lights?

  11. aka "How not to design a presidential economic policy" Net Neutrality: How White House Thwarted FCC Chief (WSJ)

  12. OK, everyone, that's it for me. Thanks, I enjoyed it!

  13. Understanding basic economics is critical, not just for policy. Take at least 1 semester of macro, 1 of micro.

  14. Defense $ is big but not growing. Fiscal problems come from entitlement spending growth: SocSec, Medicare, Medicaid, ACA

  15. No grand bargain pre-2017. Best chance is 2017-2019. Depends on who's at the table: Pres, Cong leaders.

  16. 3/and you risk inflation. High inflation can be very bad, want to do a lot to avoid that risk.

  17. Up-->Less investment in houses, apts, factories, less consumption. Down-->More of all. But down too far too long...

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