FILE - In this Jan. 23, 1969 file photo, President Richard Nixon, second from left, poses at the White House in Washington, with four government officials he named as his economic "Quadriad." From left are: Chairman William M. Chesney Martin Jr., of the Federal Reserve Board; Nixon; Secretary of the Treasury David M. Kennedy; Budget Director Robert Mayor and Chairman Paul McCracken of the Council of Economic Advisers. McCracken, a former economic adviser to several U.S. presidents, has died at age 96. Retired University of Michigan business professor and longtime friend Herbert Hildebrandt says he was told Friday, Aug. 3, 2012, of McCracken's death by Linda Langer, one of McCracken's daughters. (AP Photo/ Harvey Georges, File)