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Alice Rivlin, an American economist and public policy expert, made significant contributions to economic theory and governance throughout her distinguished career. As the founding director of the Congressional Budget Office and vice chair of the Federal Reserve Board, Rivlin shaped key policies that continue to influence the American economy.
"The increase in inequality in income is a longtime trend, but the pressure on middle- and low-income workers is going up rapidly. Especially if they live in an area where there are high housing and gas prices, like California."
"It's a technical, fairly difficult job that has no particular political connotations, so I doubt there are any big campaign contributors dying to be on the Fed. And remember, it doesn't pay very well, certainly by Republican standards."
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