President Obama nominated Alan Krueger to become the next chairman of the White House Council of Economic Advisers today. Mr. Krueger hails from the ivory tower better known as Princeton University where the likes of noted leftist and Keynesian economist Paul Krugman reside. The fact that Alan Krueger worked at the Treasury Department for the first two years of the Obama Administration should be an automatic disqualifier in Senate confirmation. Mr. Krueger had a seat at the table during the failed stimulus debate.
Mr. Krueger will also have to explain his time as a member of the economic academic advisory board with the Center for American Progress – a liberal advocacy group that George Soros has contributed as much as $7.3 million to. Is George Soros’ influence good for the American economy?
With 9.1 percent unemployment, one would think that President Obama would nominate someone from the outside to shake things up. I guess President Obama is satisfied with the pathetic economic results under his watch. No wonder 71 percent of Americans disapprove of the way President Obama is handling the economy.
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