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White House to nominate Krueger as top economist
Reuters ^

Posted on 08/29/2011 5:33:23 AM PDT by 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.

(Excerpt) Read more at reuters.com ...


TOPICS: Breaking News; Business/Economy; Government
KEYWORDS: alankrueger; barrysoetoro; harrisonbuenel; krueger; muslimterrorist; zerosdiaster
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To: Erik Latranyi

ditto.


41 posted on 08/29/2011 7:04:13 AM PDT by ken21 (ruling class dem + rino progressives -- destroying america for 150 years.)
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To: MNJohnnie

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

Of course! You know his life long ideology. He aims to destroy the economy , and rebuild it in HIS own image.

Emperor Obama


42 posted on 08/29/2011 7:04:27 AM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: penelopesire; All

” They are handing out appointments based on loyalty to communist/marxist ideology instead of loyalty to this country or true expertise in a field of study or experience.”

Every single time!!!!!!


43 posted on 08/29/2011 7:06:07 AM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: sunmars
...U.S. unemployment at a stubbornly high 9.1 percent...

I'm surprised they didn't say UNEXPECTEDLY high.....................

44 posted on 08/29/2011 7:09:55 AM PDT by Red Badger ("Treason doth never prosper.... What's the reason? Why if it prosper, none dare call it treason.")
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To: sunmars

In less than 3 full years this is the 3rd person in this position. Interesting. And Obama still doesn’t pick someone with real world experience. Typical of a man who has no clue about how to resolve our economic problems and, instead, relies on people who only have theories not a practical business or commerce background. Proving, again, that this occupant in the White House must strongly believe that if you keep doing the wrong thing over and over and you are going to get a different result.


45 posted on 08/29/2011 7:15:24 AM PDT by CitizenM (Obama's legacy will be to be remembered as The architect of American Decline)
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To: the invisib1e hand

You know the leanings of a guy who goes into labor economics to start with—and then that they’ll only be reinforced by everything he learns ast taught by every instructor and studied with every fellow student. From there he ventures out of academia and into the Obama Administration? Oh boy!


46 posted on 08/29/2011 7:16:05 AM PDT by 9YearLurker
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To: nhwingut

I actually agree with you. We’ve probably got another 6 months until it is too late for him to triangulate himself to reelection.


47 posted on 08/29/2011 7:21:03 AM PDT by 9YearLurker
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To: SumProVita
"Where is his BALANCE with regard to citing studies that prove exactly the opposite?"

He's like Al Gore in that regard, once he is firmly entrenched in a theory he refuses to even acknowledge dissent to those views it appears.

48 posted on 08/29/2011 7:23:18 AM PDT by Abathar (Proudly posting without reading the article carefully since 2004)
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To: 9YearLurker
You know the leanings of a guy who goes into labor economics to start with—and then that they’ll only be reinforced by everything he learns ast taught by every instructor and studied with every fellow student. From there he ventures out of academia and into the Obama Administration? Oh boy!

well said.

49 posted on 08/29/2011 7:28:10 AM PDT by the invisib1e hand
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To: sunmars

Hey Gold Bugs, here comes the KRUEGERRAND. Oh, maybe not.


50 posted on 08/29/2011 7:28:22 AM PDT by cookcounty ("I feel really uncomfortable, because I love loving him," --brilliant Matha's Vinyud liberal)
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To: stephenjohnbanker

Well, look at the positives, this one is not an affirmative action appointment.


51 posted on 08/29/2011 7:31:41 AM PDT by Mouton (Voting is an opiate of the electorate. Nothing changes no matter who wins..)
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To: sunmars

Sounds like a worthy deckchair addition, you know, to go down with the ship (assuming he lasts that long).


52 posted on 08/29/2011 7:35:39 AM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: sunmars
"The nomination requires Senate confirmation but Krueger has an advantage because he has already served in the administration."

I have a hunch the questions may be a tad tougher this time.

53 posted on 08/29/2011 7:38:35 AM PDT by cookcounty ("I feel really uncomfortable, because I love loving him," --brilliant Matha's Vinyud liberal)
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To: Constitution Day

Ditto!


54 posted on 08/29/2011 8:07:05 AM PDT by newzjunkey
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To: sunmars

Oh boy another Princeton Faculty lounge theorist that will follow Obama’s idiot policies.......


55 posted on 08/29/2011 8:19:45 AM PDT by jakerobins
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To: sunmars

http://www.krueger.princeton.edu/working_papers.html


56 posted on 08/29/2011 8:35:00 AM PDT by Doogle ((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: sunmars
The nomination requires Senate confirmation but Krueger has an advantage because he has already served in the administration.

"I'll take Jim DeMint to block, please." < /Hollywood Squares>

57 posted on 08/29/2011 8:35:12 AM PDT by Colonel_Flagg (You're either in or in the way. "Primary" is a VERB.)
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To: sunmars

Wow, a Muppet type show that mocks MSNBC..Racheal Madcow..Chris Legtingle reporting.
Infact, a whole channel devoted to mocking lefties would be great.
It would probably get 100 times the ratings as the real deal.
Infact, a whole channel devoted to mocking lefties would be great.
Imagine “reporting” on Huricane Irene..wow!
It almost writes itself.
Haha

Anyone want to get it started?
:)


58 posted on 08/29/2011 8:50:58 AM PDT by Leep
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To: MrB

Obama is doing what he was designed to do...transform America...few botherd to ask:

“Into what?”

I can distill this into three quotes:

“There’s another reason for working inside the system. Dostoevski said that taking a new step is what people fear most. Any revolutionary change must be preceded by a passive, affirmative, non-challenging attitude toward change among the mass of our people. They must feel so frustrated, so defeated, so lost, so futureless in the prevailing system that they are willing to let go of the past and change the future. This acceptance is the reformation essential to any revolution. To bring on this reformation requires that the organizer work inside the system,” Alinksy

“Judge me by the people who suround me” Obama

“When you understand the nature of a thing...you know what it’s capable of” Musashi...the book of five rings.


59 posted on 08/29/2011 10:02:15 AM PDT by Crim (Palin / West '12)
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To: sunmars
Keynesian Retread to Give Obama Unvarnished Truth on Economy

This is the guy who told Obama that, based on economic factors, we could absorb another "hit" by the terrorists.

60 posted on 08/29/2011 10:04:47 AM PDT by keat
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