White House to nominate Krueger as top economist

Reuters ^

[sunmars]

President Barack Obama on Monday will announced he has chosen Princeton University labor economist Alan Krueger to become the top White House economist, a White House official said.

Krueger would succeed Austan Goolsbee as chairman of the Council of Economic Advisers.

The decision comes as Obama prepares to unveil a jobs package in a speech planned for shortly after the September 5 Labor Day holiday.

With U.S. unemployment at a stubbornly high 9.1 percent and amid fears the economy could slide back into recession, Obama is under pressure to show he is doing all he can to bolster growth.

Goolsbee, a long-time Obama adviser, left the administration earlier this month to return to his teaching job at the University of Chicago. The departure was a blow for the White House as Goolsbee had been a high-profile spokesman on the economy.

Krueger served in the Obama administration as a Treasury Department economist but left that job to return to Princeton last fall.

The nomination requires Senate confirmation but Krueger has an advantage because he has already served in the administration.

[sunmars]

More muppets. This guy is a total high taxes and permanent big govt advocate.

[riri]

More leftist circle jerking.

[sunmars]

This guy quit in Oct 2009 and went back to lecturing at Princeton. Wonder what Obama’s got on him to force him back.

[AppyPappy]

Great. Don’t go to sleep.

[icanhasbailout]

When did he change his name from Freddy?

[the invisib1e hand]

labor economist

labor economist, eh?

[Vaquero]

sounds like one of those old time car horns.... K-UGGA

[Erik Latranyi]

Another academician with no real-world experience.

[RexBeach]

“Look, there are more comfortable seats open on the promenade deck!”

[roaddog727]

Ah yes, another lefty economist. Just what we need.

Insanity: “Doing the same thing over and over again and expecting different results.”

Albert Einstein.

[Tzimisce]

They also hired Beavis and Butthead to advise them on Nuclear Physics.

[arderkrag]

I'm in your gubmint fixin' your monies.

[mo]

http://www.searchlores.org/realicra/basiclawsofhumanstupidity.htm

[COBOL2Java]

More muppets.

Actually, muppets would at least be entertaining. I'd tune in to watch these guys talk about the economy:

[MrB]

“labor economist” = communist

“dictatorship of the proletariate”, ie, rule by the working class (”labor”), is one of the euphemisms that communists use to describe their dystopia.

[NRA1995]

This was my first thought reading the headline:

I'll slice and dice that deficit!

[Constitution Day]

When I first read the headline, I did a double take and thought it was Krugman (as in PAUL). Ugh!

[Army Air Corps]

Ping.

[MNJohnnie]

So rather then learn from his errors, Present-ident 0 is going to double down on his failed economic dogmas.

Worst President in history.

[Eric in the Ozarks]

Right up Barky’s alley.