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Alan B. Krueger
Latest Alan B. Krueger Items
The White House said Friday the lowering of the unemployment rate to 7.4 percent in July is further proof that Washington should adopt more of President Obama's proposals to boost the economy, despite a slowing of the rate of jobs added during the month.
As President Obama played golf Friday and headed for a long weekend at Camp David, the White House said the government's new jobs report proves that the 2009 stimulus program is still helping the economy.
President Obama canceled public tours of the White House in response to sequestration cuts ("White House visitors, get lost," Comment & Analysis, March 8). Before doing so, did the president consult with Alan Krueger, chairman of his Council of Economic Advisers?
The White House on Wednesday blamed a surprising economic decline in the fourth quarter of 2012 on the uncertainty of the 'fiscal cliff' feud with Congress and the effects of Superstorm Sandy.
What are the best two ways to maintain unemployment? First, forbid people from working. Then pay them not to work. Maryland may soon get a perfect storm of both bad policies. Maryland lawmakers have proposed an increase in the state's minimum wage, which will eliminate many entry-level jobs. Meanwhile, President Obama's American Jobs Act would further extend unemployment insurance (UI) benefits, which pay people not to work.
Persistent high unemployment is the most pressing economic problem. The official jobless number has been stuck above the 9 percent level for most of this year. The news that President Obama has picked Alan Krueger, a labor economist, to head the three-man Council of Economic Advisers ought to be good news. It should be a sign that the president is finally taking the jobs situation seriously - if only Mr. Kreuger's academic research and his policy work didn't suggest otherwise.
It's hard to find an economist who questions the relationship between the minimum wage and employment, specifically, that a higher minimum wage reduces employment opportunities for young, low-skilled and inexperienced workers.
A week away from delivering a major speech on jobs and renewing a battle with congressional Republicans on the economy, President Obama on Monday named labor economist Alan B. Krueger of Princeton University to lead his depleted economic team.