Alice Rivlin (seated in green) with Senate Majority Whip Richard Durbin, D-Ill., and Andy Stern, president of the Service Employees International Union, during a meeting of the National Commission on Fiscal Responsibility and Reform in late 2010. (Photo By Tom…

Apr 07

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I wrote yesterday about a chat with the former head of President Clinton's Council of Economic Advisers, Martin Baily, now of the Brookings Institution. Most striking to me, was his suggestion that there could conceivably be an upside to…