Council of Economic Advisors - CEA
Past chairman of the CEA include Alan Greenspan, and current Federal Reserve Chairman Ben Bernanke.
The CEA produces an annual report, "The Economic Report of the President", which summarizes its views on the past year, and offers a forecast for the coming year. While the intellectual weight of the CEA always runs high, its message is still one directed by the President's agenda, so criticism of the report usually occurs after its February release.
The CEA was formed via the Employment Act of 1946, and has always promoted a Keynesian bent. Overarching goals include:
1) Low unemployment rates
2) Increased national production
3) Price stability (low inflation)
4) Proactive government intervention
Investment dictionary. Academic. 2012.
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