Book a Demo!
CoCalc Logo Icon
StoreFeaturesDocsShareSupportNewsAboutPoliciesSign UpSign In
Download
29547 views
1
2
3
4
5
6
The Nixon I Knew
7
8
Determined scholars and
9
journalists have fished through the Nixon tapes and recovered enough material
10
to fill books and articles showing that Nixon was obscene and unscrupulous. I
11
do not deny that there was a Nixon like that. But that was not the only Nixon
12
or the most usual and important one. Richard Nixon performed the daily,
13
difficult duties of being president responsibly and respectably. I was not a
14
confidant or crony of President Nixon, but I saw him frequently during his
15
whole tenure of office, when I was a member and then chairman of his Council of
16
Economic Advisers. On all these occasions he impressed me as a civil, serious,
17
dedicated, judicious, and highly intelligent man. I believe that others who
18
worked with him in a professional way had the same impression.
19
20
I first
21
met Nixon on Dec. 18, 1968, after his first election, when he was about to name
22
me a member of the CEA. If I was a Republican at all, I was not a Nixon
23
Republican. He was about to assume the most powerful office in the world. I was
24
a little-known economics essayist. But I felt comfortable with him. He did not
25
try either to glad-hand me or to impress me with his importance. He showed
26
genuine interest in what I had to say about the matters on which I was assumed
27
to be well informed, and he was unreserved about expressing his own
28
opinion.
29
30
Iwas also struck by my observation of him at the first
31
meeting of the Cabinet Committee on Economic Policy, shortly after the
32
inauguration. As members of the CEA, my colleague Hendrik Houthakker and I were
33
the lowest-ranking people in the room. But the president wanted to hear what we
34
had to say. He also made it clear that he did not expect his economic advisers
35
to engage in political activity, although we might make speeches on economic
36
policy to groups of economists and others interested in a professional way. I
37
thought he showed courtesy, consideration, and a desire to learn. (Later, after
38
the 1972 campaign, some of my Democratic friends thought that my speeches had
39
been too political. If so, it was because I enjoyed being in the political
40
game, not because Nixon urged me on.)
41
42
In the
43
next six years I went through many meetings in which three or four people--from
44
Treasury, Budget, Federal Reserve, or the CEA--would discuss economic policy
45
with the president. He usually listened to the interchange quietly. When the
46
discussion was over he would summarize it in a systematic way--distilling what
47
order could be extracted from it and indicating what he thought were the main
48
considerations and options. These scenes were light-years remote from the
49
locker-room conversations with Haldeman, Erlichman, and others that have become
50
the subject of much recent interest.
51
52
53
The president appreciated both the value and
54
the limitations of economics. He understood that it had something to contribute
55
and should be heard, but he also understood that economics is an uncertain
56
science. There were no complaints or recriminations when the economic forecasts
57
turned out to be wrong. At the beginning of 1972, the CEA had forecast that
58
unemployment would be down from about 6 percent to 4 percent by the end of the
59
year. In December, I had to report to him that unemployment was still about 5
60
percent. I said that was "in the neighborhood" of 4 percent. All he replied was
61
that it was a streetcar ride across the neighborhood. That realistic attitude
62
was a great comfort to an economic adviser.
63
64
I don't
65
recall him ever using an obscenity, unless you want to count the time he said
66
that he would rather have X inside the tent p...ing out than outside the tent
67
p...ing in. (I believe this was borrowed from LBJ, and probably from
68
generations of earlier politicians.) I remember Nixon once saying, "Honesty may
69
not be the best policy, but it is worth trying once in a while." But that was
70
an occasion when he was arguing for honesty.
71
72
In view of the grossness of some of the language
73
selectively extracted from the tapes, I think it important to note that Nixon
74
showed an appreciation of, and capacity for, good writing and wit. He had
75
probably the best staff of writers of any president since the time when
76
Alexander Hamilton wrote speeches for George Washington. The exchange with him
77
that I best remember came in early 1973, when he was considering the
78
reimposition of a wage-and-price freeze that had been so popular when first
79
done in August 1971. In a smart-alecky kind of way, I said, quoting Heraclitus,
80
"You can't step in the same river twice." He immediately responded, "Yes, you
81
can, if it's frozen."
82
83
In my
84
opinion the imposition of price-and-wage controls was President Nixon's one
85
serious economic-policy mistake. But that decision was within the range of
86
options urged upon him by respected economists, mainly Democrats. The control
87
system gave the administration extraordinary power over individual businesses.
88
I do not believe there was any case in which this power was improperly
89
used.
90
91
92
Nixon recognized and utilized talent, whatever
93
its political connection. The leading example was George Shultz. He saw in this
94
professor, whom he had never met before he invited him to be secretary of
95
labor, a man of extraordinary intelligence, management ability, and integrity.
96
He quickly elevated him to director of the Office of Management and Budget and
97
then secretary of the Treasury. There must have been few administrations that
98
had as much talent in the two senior Cabinet positions--State and Treasury--as
99
Nixon's had in Kissinger and Shultz.
100
101
I do not put down these few
102
recollections in order to excuse Richard Nixon. I knew him and liked and
103
respected him. I am not inclined to judge him. I do not feel I have the wisdom
104
and moral elevation to do that. Anyway, what would be the point? He is now
105
beyond our--or, at least, my--power to add or detract. I only want to suggest
106
that those who feel the need and ability to judge him should try to look beyond
107
the Revelation of the Day.
108
109
110
111
112
113