Monday, August 29, 2011

Obama’s Next Economic Advisor is a Labor Economist and Proponent of Big Government Solutions


Obama to nominate Alan Krueger to chair Council of Economic Advisors  "Krueger, a labor economist and member of Princeton’s faculty, served as assistant Treasury secretary for economic policy during the first two years of the Obama administration. He favors “a future consumption tax to fix today’s economy,” as well as a higher minimum wage, which his research purports to demonstrate does not depress employment. He was also one of the minds behind the Cash for Clunkers program."

Labor Economist to Fill Key Post . "If confirmed by the Senate, Mr. Krueger, a labor economist, is likely to provide a voice inside the administration for more-aggressive government action to bring down unemployment and, particularly, to address long-term joblessness."

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