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LSDefine

Simple English definitions for legal terms

Council of Economic Advisers

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A quick definition of Council of Economic Advisers:

The Council of Economic Advisers (CEA) is a group of three people who work for the President of the United States. Their job is to study and understand how the economy is doing and give advice to the President about what to do to make it better. The CEA was created in 1946 and is still around today. The President picks the members of the CEA and they have to be approved by the Senate.

A more thorough explanation:

The Council of Economic Advisers (CEA) is a group of three people who work in the Executive Office of the President. They are responsible for studying the national economy and giving advice to the President about economic issues.

The CEA was created in 1946 by the Employment Act. It now operates under Reorganization Plan No. 9 of 1953. The President chooses the members of the CEA, but they must be approved by the Senate.

For example, if the President wants to know how a new tax law will affect the economy, they might ask the CEA for advice. The CEA would study the law and give the President their opinion.

Another example is if the President wants to know if the country is in a recession. The CEA would look at data like unemployment rates and GDP to determine if the economy is in a recession.

These examples show how the CEA helps the President make informed decisions about the economy.

councillor | Council of the North

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Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
BulbasaurNoLikeCardio
7:51
@texaslawhopefully: best prices and only fast food that doesn't make me sick
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