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To: FJB who wrote (443015)8/28/2011 6:07:19 PM
From: RinConRon  Read Replies (1) | Respond to of 793908
 
It's a non-event because "He stopped the oceans from rising." And he valiantly shed a day from his vacation. He'll add a day to his next one.



To: FJB who wrote (443015)8/29/2011 9:49:35 AM
From: joseffy  Read Replies (2) | Respond to of 793908
 
Obama to Nominate Princeton Professor as Head of Economic Advisers Team

August 29, 2011
foxnews.com

President Obama is nominating Princeton Professor Alan Krueger to be his new chairman of the Council of Economic Advisers.

As President Obama prepares his jobs plan speech, he's also filling out his economics team, preparing to nominate Princeton University's Alan Krueger to be chairman of the White House Council of Economic Advisers.

"I am pleased to nominate Alan Krueger to lead the Council of Economic Advisers," Obama said in a written statement Monday. "As one of this country's leading economists, Alan has been a key voice on a vast array of economic issues for more than two decades. Alan understands the difficult challenges our country faces, and I have confidence that he will help us meet those challenges as one of the leaders on my economic team."

Krueger, 50, a labor specialist who served in Obama's Treasury Department in the first two years of the administration, returns to Washington to succeed Austan Goolsbee, who is now back at the University of Chicago.

A senior administration official told Fox News on Monday that Krueger's job will be to provide policy prescriptions on ways to spur unemployment. He will need Senate confirmation for the position.

Krueger has worked on several analyses at Treasury, including the impact of tax incentives to encourage employers to hire, the "cash for clunkers" program to expand vehicle purchases, the Small Business Lending Fund and Build America taxable municipal bonds.

Krueger also worked as the chief economist at the Labor Department during the Clinton administration. He has published studies while at Princeton on job growth in the 2000s, the impact of minimum wage increases on employment rates and studies on terrorists' economic backgrounds.

Krueger will be returning to the administration where Treasury Secretary Timothy Geithner is the last remaining top official from Obama's original economics team.

Read more: foxnews.com