SteveLendmanBlog June 17 2013
Key Obama officials comprise a virtual rogues gallery of scoundrels. On June 10, he nominated Jason Furman to replace Alan Krueger. He’ll serve as White House Council of Economic Advisors chairman.
He was Clinton’s Special Assistant to the President for Economic Policy at the National Economic Council. He began advising Obama in 2008.
Since January 2009, he’s been Obama’s National Economic Council deputy director. His nomination requires congressional approval. More on him below.
Krueger’s returning to Princeton. He’s Professor of Economics and Public Affairs. He compromised his integrity in Washington. Prior to becoming CEA head, he was Obama’s Assistant Treasury Secretary for Economic Policy.
He and other Obama economic officials hail economic recovery. They do so duplicitously. They’ve done so throughout protracted Main Street Depression conditions. They willfully turned a blind eye.
They endorse corporate friendly policies. They spurn popular ones. Real unemployment’s 23%. Monthly jobs reports are phony. Fantasy best describes them.
Good jobs are vanishing in plain sight. Low pay mostly service employment replaces them. Thirdworldizing America is policy. A race to the bottom continues. Krueger substituted dissembling for truth and full disclosure. It’s part of the package he accepted.
Perhaps his Princeton students fare no better. They’d be wise to make better choices. He’s returning for the fall semester. Obama called him “the driving force behind many of the economic policies that I have proposed that will grow our economy and create middle class jobs.”
Obama’s done more to wreck America’s economy than any US president in history. As key Treasury official and CEA head, Krueger helped craft some of his worst policies.