Author Details

Doug Remington

Member Since: 23rd December 2010
No of Articles: 1
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14th February 2011

Government Spending Cuts And The Economics Of Money And Banking

President J. F. Kennedy had a great economic adviser, Walter Heller, from Columbia University. In 1960 Heller was making $21,000 a year working for Columbia University, and he took a cut in pay to $17,000 -- to be President Kennedy’s advisor. Kennedy argu...