Monday, August 29, 2011

Obama Announces Top Economics Advisor

link here to article

This article is about Obama's new top economist Alan Krueger from Princeton (which is the academic home of Krugman and Bernanke as well. He is a labor economist who has raised concerns about the important labor force participation rate which was falling before the recession and has not improved during the weak recovery. On the other hand, he had worked under Tim Geithner in the Treasury and spent much of his time defending the administration's attempts to stimulate the economy. His appointment has also been praised by several conservative economists. He is no doubt a competent economist, and his specialization as a labor economist is on target. Lets hope that he can stimulate some energy inside of the Obama Administration.

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