Introduction: The White House Plants Its Seeds of Destruction
If politics makes strange bedfellows, economics can sometimes make for a very odd couple. We are indeed two economists from two very different sides of the political aisle.
One of us—Glenn Hubbard—is a Republican who served as the Chairman of the Council of Economic Advisers for President George W. Bush during his first term. The other—Peter Navarro—is a Democrat who ran for Congress with President Bill Clinton’s support.
The two of us met at Harvard University in the 1980s while working on our PhDs in economics. What we share now is a deep and abiding concern that the Obama administration has put into place a set of policies that ultimately contain the seeds of America’s economic ...
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