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 Obama names new economic adviser

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PostSubject: Obama names new economic adviser   Mon Aug 29, 2011 3:22 pm

Obama names new economic adviser


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Well one thing is for sure - they cannot screw it up any worse than it already is!!! JMHO!!


President Obama Monday named Alan Krueger as chairman of his Council of Economic Advisers, working to fill out his economic team as he prepares to unveil a new jobs program early next month.

If confirmed by the Senate, Krueger would replace Austan Goolsbee, who left the post earlier this month. The position is one of the three top economic advisers to the president, along with the Secretary of the Treasury and chairman of the National Economic Council.

Krueger's already played a role in Obama administration economic policies.

As Assistant Secretary for Economic Policy and Chief Economist at Treasury Department in 2009 and 2010, he did the economic analysis of several Obama programs including the Car Allowance Rebate System, or “Cash for Clunkers.” He also did the economic analysis of the HIRE Act, the Small Business Lending Fund, and the Build America Bonds program.



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