When the President Calls

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This work features interviews with thirty-five economic policymakers who advised U.S. presidents from Nixon to Trump, providing a unique glimpse into the Oval Office's decision-making process. These officials, who held various roles in the executive branch, including the Council of Economic Advisers and the Treasury Department, share their experiences and insights on the critical tradeoffs involved in shaping economic policy. The discussions reveal the rationale behind significant decisions, such as the Reagan tax cuts, the economic issues that hindered George H. W. Bush's re-election, and the challenges faced during the 2008 financial crisis. Additionally, it highlights the contrasting work styles of Bill Clinton and Barack Obama, as well as the early budgetary processes of the Trump administration. The interviews capture the intense pressure, personal dynamics, and urgent dilemmas policymakers encounter while striving to make the right choices under tight deadlines. Through these personal accounts, readers gain a deeper understanding of the complexities and responsibilities inherent in U.S. economic policymaking.