President Obama nominates labor econo...

President Obama nominates labor economist Alan Krueger to senior post

There are 82 comments on the The Oregonian story from Aug 29, 2011, titled President Obama nominates labor economist Alan Krueger to senior post. In it, The Oregonian reports that:

President Barack Obama has chosen labor economist Alan Krueger for a top administration post as the White House scrambles for solutions to boost a fragile economy with the 2012 election looming.

Join the discussion below, or Read more at The Oregonian.

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WOODCHUCK

North Port, FL

#1 Aug 29, 2011
One more LOONY HARVARD / PRINCETON NITWIT!...Still the same ole OBAMA agenda!....was at the treasury Dept...he has to be approved by the Senate....like Goodstall,this guy is THE SAME OLD CRAP!!....SOS!!!

“Open your eyes”

Since: Sep 09

Central Florida

#3 Aug 29, 2011
Oh look, another Harvard white shoe boy.

“Truth to Power!”

Since: Apr 07

Wake Forest, NC

#4 Aug 29, 2011
Obama's 1st economist claimed the Stimulus Package would keep Unemployment under 8%.


It rose to 10% and hasn't come down without millions of people leaving the job market all together.




Obama's other economist was Larry Summers who is responsible for creating the Financial Collapse in the First Place.


Larry Summers even stopped a government investigator from blowing the whistle on Derivatives!


Sorry but Obama has ruined everything he's touched and this next character is bound to be another disaster for America.






Obama should end his miserable reign of terror with his RESIGNATION.
true

Farmville, VA

#5 Aug 29, 2011
His list just gets better and better

“Truth to Power!”

Since: Apr 07

Wake Forest, NC

#6 Aug 29, 2011



Alan Goolsby must have really SUCKED for the Maggot to replace him this fast!





Bwahahahahahahaha!



Oh-Bama! Bad Luck Oh-Bama!
Ross

Lady Lake, FL

#7 Aug 29, 2011
...another academic who lacks the common sense to find his way back and forth to work. Oh, that won't be a problem since he'll have a chauffeau and a limo.

“Truth to Power!”

Since: Apr 07

Wake Forest, NC

#8 Aug 29, 2011
October 16, 2010


Krueger, 50, the Treasury’s assistant secretary for economic policy, is going back to Princeton because his two-year leave of absence from the university is ending, Treasury spokeswoman Sandra Salstrom said in an e-mail today.

Krueger is the latest Obama administration economic official to return to academia. Lawrence Summers, director of the president’s National Economic Council, is scheduled to leave for Harvard University by the end of the year. Christina Romer, who headed the Council of Economic Advisers, left in September for the University of California at Berkeley.

Krueger focused much of his attention on U.S. unemployment, which remained at 9.6 percent in September.





Heckuv-a-job with Unemployment Freddie Krueger!
- YOU INCREASED IT!!!!



http://www.businessweek.com/news/2010-10-16/t...

“Truth to Power!”

Since: Apr 07

Wake Forest, NC

#9 Aug 29, 2011



Krueger's claim to fame is his paper stating that raising the minimum wage will Not Raise Unemployment substantially.


ROFLMAO!




That clown has been a failure in this Obama train wreck admin once already while working on Unemployment at the Treasury before leaving with his tail between his legs. Now the idiotic Obama revolving door opens for the dunce to return! LOL!

“Open your eyes”

Since: Sep 09

Central Florida

#10 Aug 29, 2011
The laughing liberal wrote:
October 16, 2010
Krueger, 50, the Treasury’s assistant secretary for economic policy, is going back to Princeton because his two-year leave of absence from the university is ending, Treasury spokeswoman Sandra Salstrom said in an e-mail today.
Krueger is the latest Obama administration economic official to return to academia. Lawrence Summers, director of the president’s National Economic Council, is scheduled to leave for Harvard University by the end of the year. Christina Romer, who headed the Council of Economic Advisers, left in September for the University of California at Berkeley.
Krueger focused much of his attention on U.S. unemployment, which remained at 9.6 percent in September.
Heckuv-a-job with Unemployment Freddie Krueger!
- YOU INCREASED IT!!!!
http://www.businessweek.com/news/2010-10-16/t...
One name in that entire article should stand out more than anything as a black flag. The guy the media always puts the brilliant in front of his name when he is a complete failure and Wall Street stooge. Larry Summers.
Otis B Driftwood

West Sayville, NY

#11 Aug 29, 2011
We would be better off if Obama nominated Freddie Kreuger instead. Anyone he nominates or appoints to any post has been a freakin' horror show.
Forest Gump

Acworth, GA

#12 Aug 29, 2011
What's the real skinny here? THEY want to train us into submissives, and there won't be jobs until were all bowing down to them and pretending to like it.

“I laugh at Robo Posters”

Since: Nov 08

Paris

#13 Aug 29, 2011
Ross wrote:
...another academic who lacks the common sense to find his way back and forth to work. Oh, that won't be a problem since he'll have a chauffeau and a limo.
liberals have to use a gps just to go to the bathroom.

“Truth to Power!”

Since: Apr 07

Wake Forest, NC

#14 Aug 29, 2011
Kahoki wrote:
<quoted text>
One name in that entire article should stand out more than anything as a black flag. The guy the media always puts the brilliant in front of his name when he is a complete failure and Wall Street stooge. Larry Summers.


Exactly! Summers is responsible for Billions in loses at Harvard alone.


He's one of the worst economist the country has ever seen and Obama is son brain dead, he thinks Summer is great. It would be funny if not so sad,

“I laugh at Robo Posters”

Since: Nov 08

Paris

#15 Aug 29, 2011
This clowns just another lets add a new tax to solve our problems type of guy. He propose a value added tax of at least 5% to everything you buy.

“Truth to Power!”

Since: Apr 07

Wake Forest, NC

#16 Aug 29, 2011
Obama Tells Jon Stewart: Summers Did ‘a Heckuva Job’

October 27, 2010
By Mary Lu Carnevale

President Barack Obama, taping Comedy Central’s “The Daily Show” with Jon Stewart, gave a shout-out to Lawrence Summers – one the outgoing director of the White House National Economic Council probably could have done without.

Mr. Summers did “a heckuva job,” Mr. Obama said. Mr. Stewart quickly admonished:“You don’t want to use that phrase, dude.”

The reference, of course, was to former President George W. Bush’s praise of then-FEMA director Michael Brown’s management of Hurricane Katrina relief efforts – a job widely considered bungled.

Larry Summers was one of the key players on Obama's & Clinton's economic team. During the Clinton years he backed NAFTA, Deregulation and even Stopped a Regulator about to blow the whistle on Derivatives, just to name a few blunders.

Now with 10% Unemployment, he's leaving the Obama team after having promised 8% Unemployment with the Stimulus plan.

“My Commander-in-Chi ef!”

Since: Jun 07

Obama got Osama!

#17 Aug 29, 2011
Coming out of the Bush recession/depression has been tough but I am happy that we have proven leadership in the White House during these trying times.
McCarthy was right

Bloomfield, CT

#18 Aug 29, 2011
QUESTION

Why did Obama need TWO teleprompters for a three minute speech?

:^)

“Truth to Power!”

Since: Apr 07

Wake Forest, NC

#19 Aug 29, 2011
Marine Corp Pat wrote:
Coming out of the Bush recession/depression has been tough but I am happy that we have proven leadership in the White House during these trying times.



Dems won’t pass budget in 2010: Blame Obama's Debt Commission

By Jared Allen
06/21/10

House Democrats will not pass a budget blueprint in 2010, Majority Leader Steny Hoyer (D-Md.) will confirm in a speech on Tuesday.

But Hoyer will vow to crack down on government spending, saying Democrats will enforce spending limits that are lower than what President Barack Obama has called for.

In the scheduled address to the progressive think tank The Third Way, Hoyer will acknowledge that the lower chamber will do things differently this election year.

“It isn’t possible to debate and pass a realistic, long-term budget until we’ve considered the bipartisan commission’s deficit-reduction plan, which is expected in December,” according to Hoyer’s prepared remarks that were provided to The Hill.

The House has never failed to pass an annual budget resolution since the current budget rules were put into place in 1974.

The House’s decision not to pursue a budget resolution comes as the Senate has been struggling to get its companion measure to the floor. And the politics of the moment are a far cry from last year, when the House and Senate easily passed Obama’s first budget on the president’s 100th day in office. The budget measure last year did not attract any GOP support.

While conservative Blue Dog Democrats have bristled at further measures to address the recession, Democratic leaders, including Hoyer, have tried to insert the short- versus long-term distinction into the public debate.

Republicans have capitalized on the public’s reluctance to embrace the nuanced argument, and have made the deficit a central part of their attack on the majority, and a key part of their pitch to be returned to power.

“We need a real budget to stop Washington Democrats’ out-of-control spending spree, which is scaring the hell out of the American people, and to create jobs,” Michael Steel, a spokesman for House Minority Leader John Boehner (R-Ohio), said last week.

Hoyer believes that a “spending-and-revenue” compromise is the only realistic option, and says that “on the spending side, we could and should consider a higher retirement age, or one pegged to lifespan.”

http://thehill.com/homenews/house/104635-dems...




You're an Idiot Poo Poo, Caribou Barbie, Chicago guy, Patty cakes.

“Truth to Power!”

Since: Apr 07

Wake Forest, NC

#20 Aug 29, 2011
Obama's "Recovery Summer" a Punch Line

Bad news follows more bad news

By Jeannine Aversa,
The Associated Press

Fed concluded that economic growth had slowed over the summer.

That’s all too clear to the nearly 15 million Americans out of work, some of whom scoffed at news earlier this week that the recession had technically ended in June of last year.

Voters will go to the polls Nov. 2 for midterm elections, and polls have suggested two things:

1- They’re worried about the economy more than any other issue.
2- And they’re ready to punish Democrats.

President Barack Obama’s Democrats are at risk of losing control of the House and perhaps the Senate as well. Both parties agree there’s little the president and his party can do to change voters’ attitudes before the election.

Obama acknowledged the economic hardships many Americans are enduring, saying Monday:
"If you’re out of work right now, the only thing that you’re going to be hearing is, when do I get a job? If you’re about to lose your home, all you’re thinking about is, when can I get my home?"

The central bank’s statement Tuesday didn’t explicitly mention deflation. But it said inflation measures are "somewhat below" what’s desirable for the economy. Some economists have raised fears about a deflationary spiral ? a widespread drop in wages, prices of goods and services and the value of stocks and homes.
"They are more worried about the economy and deflation than I thought they would be," Sung Won Sohn, an economist at the Martin Smith School of Business at California State University, said of Fed officials.

If the economy keeps losing momentum, the Fed will be likelier to act when it meets again, either at its meeting Nov. 2-3 or its last regularly scheduled session of the year on Dec. 14.
If the Fed does act, chairman Ben Bernanke last month indicated a preference to buy large amounts of government debt ? a move to lower rates on mortgages, corporate loans and other debt and get people and businesses to spend more money.

Unconventional steps like that, known in economic circles as "quantitative easing," have helped the Fed’s balance sheet balloon to $2.3 trillion, nearly triple its level before the financial crisis.

Even if the Fed made such a move, economists don’t think it would help much. Already low interest rates haven’t managed to get Americans to spend much more. Companies and people alike have remained cautious as they rebuild their finances and pare debt.

Economic growth slowed in the second quarter, advancing at a pace of just 1.6 per cent, compared with 3.7 per cent growth in the first three months of the year. Growth in the third quarter is expected to be similarly weak. That raises the likelihood that the unemployment rate, already high at 9.6 per cent, could climb even higher in the months ahead.

http://www.chroniclejournal.com/stories_busin...
senses who what

Kuala Lumpur, Malaysia

#21 Aug 29, 2011
what do we care about him? he is a real bullshit.

he talk big with an senseless brain.

nothing special about it.

please be hurry to take off

and let the Jews reign & rule america.

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