Obama to announce new economic chief
August 29th, 2011
09:14 AM ET

Obama to announce new economic chief

President Barack Obama on Monday will nominate Alan Krueger to be the new chairman of the White House Council of Economic Advisers, according to two White House officials.

Krueger is a Harvard-educated economist at Princeton University who served as assistant secretary for economic policy and chief economist of the U.S. Department of the Treasury earlier in Obama's term.

If confirmed, he would succeed Austan Goolsbee as one of the president's chief economic advisers.


Topics: The News

soundoff (45 Responses)
  1. boob massager

    I'm the seond time to come whitehouse.blogs.cnn.com and just saying hello. I really like this great site.

    whitehouse.blogs.cnn.com alwasy has good idea. Great website.

    August 29, 2011 at 9:53 am |
  2. Eli

    Obama really is the anti-Clinton, doubling down on failed economic policies. Obama really refuses to pivot.

    August 29, 2011 at 9:57 am |
    • Howard

      Hey ... maybe they could save the economy by instituting a program called 'cash for clunkers'.

      August 29, 2011 at 12:31 pm |
  3. Ray E. Georgia

    The best thing Obama can do is dismantle Obama Care, everyone is opting out anyhow, extend the Bush Tax Cuts for at leas 10 more years, get rid of some regulations and the rest will take care of itself. The people out there that deal with this everyday know what is best to do. Let them do it! We don't need an economic chief.

    August 29, 2011 at 11:45 am |
    • Pete

      Obama care will be repealed
      I think obama should take some time and read this disaster he signed off on

      August 29, 2011 at 12:09 pm |
      • jean2009

        The Affordable Health Care Act will not be repealed...and if you think Rethugliklans want to repeal ALL of it you are sadly misinformed...all they want to do is limit the parts that will make it affordable, and include the right to deny people. The health industry still wants buying insurance to be mandatory.

        August 29, 2011 at 12:17 pm |
      • Howard

        This video clearly shows that George Bush warned Congress
        starting in 2001 that this economic crisis was
        coming, if something was not done. But Congress
        refused to listen, along with the arrogant Congressman
        Barney Frank. This video says it all. The liberal media
        reportedly did not want this video on YouTube; it was taken
        off. This link is of the same video, but is routed
        through Canada.

        http://www.youtube.com/watch_popup?v=cMnSp4qEXNM&NR=1 ;

        August 30, 2011 at 2:05 pm |
    • jean2009

      NO...NO...and NO!
      The Affordable Health Care legislation is the best thing going forward.
      End the Bush tax cuts now.
      Tighten up regulations on people who would do harm to the environment.
      We need an economic chief.
      If people out there are like you they haven't a clue.

      Besides if George W. Bush could put up $950Million of U.S. taxpayers money to write "single payer/universal" health care into the Iraqi constitution the least that can be done if make insurance affordable and undeniable for all Americans.

      Read: Guaranteed health care in Iraq, but not to you.
      http://www.huffingtonpost.com/mark-dorlester/guaranteed-health-care-in_b_280528.html

      Or ...George W. Bush spent $950M to give universal health care to Iraq. http://shannynmoore.wordpress.com/2010/03/21/george-w-bush-spent-950-million-on-universal-health-care/

      What a bunch of Fascist you teabaggers are.

      August 29, 2011 at 12:13 pm |
      • Pete

        I rather pay higher premuims for myself than help pay for lowlifes that think america owes then somthing
        obama care is a financial nightmare on all
        its a cancer on the back of TAX paying Americans

        August 29, 2011 at 12:35 pm |
      • Howard

        RENAMING the corrupt, unconstitutional, pork laden, TRILLION dollar, 'pass it to see what's in it', Obamacare monstrosity ...'the affordable healthcare legislation' ... does not make it a good bill. If you put lipstick on a pig, it's still a pig !!!

        August 29, 2011 at 12:36 pm |
      • Pete

        Afordable heath care my ass
        making it afordable for the lowlife lazy off of the backs of TAX paying americans

        August 29, 2011 at 12:59 pm |
      • C-Lo

        Jean:
        1. Will you please let the rest of us know your "definition" of "facist" and "teabagger" as it seems you enjoy using these pseudonyms, and I just want to be sure you fully understand the implications of your "insults" because I, for one don't think you really understand what it is you are typing when you use these terms.
        2. Please stop spreading the inaccurate crap about us spending $950B on Iraqi healthcare. If you'd take the time to think critically, as I believe I've asked you before (but maybe it was another of your ilk–losing track of all of you) you would see that
        a. The "sources" you use are further left than Fox is right, immediately discrediting most of what they "claim"
        b. The $950B is the cost of the war, to ensure freedom for the Iraqi people to make their own decisions–not how much we are spending to provide them health care, as you want to imply BIG Difference
        c. All Americans have had access to healthcare in this country for quite a while now...you cannot be turned away from a hospital for inability to pay.
        d. Obama care focuses on the cost of INSURANCE not the underlying actual healthcare costs. It attempts to make larger pools of individuals to spread the wealth....oops, I mean risk within the insurances.

        If insurance companies are so out of line with their costs/profits, why didn't some of these "do-gooder" libs establish their own health company that had lower overhead to reduce the costs to the insureds, creating healthy competition since that is where you've been led to believe the "crooks" are? I'll tell you why–it's because of the crooks in DC running Medicare/medicade that drive of the costs of healthcare, allowing for the fleecing of you, me and every other tax paying American.

        I don't know if that's too much logic for you, but I'm sure I'll soon be Mr. Facist again.

        August 29, 2011 at 2:42 pm |
      • jean2009

        @ Pete too late you already pay higher premiums to cover the uninsured....when an uninsured persons walks into the emergency room do you think the doctors and the hospital grants their service for free. No.
        They recover their loss by charging higher prices for the people who do have insurance coverage.This works out to approximately $1,100 higher insurance premium for a family of 4, or about $410 per a single insured. Across the board this works out to about 8% overall increase in insurance costs.

        http://www.time.com/time/health/article/0,8599,1887489,00.html

        August 29, 2011 at 9:41 pm |
      • jean2009

        @ C-Lo I have not said $950 Billion I said $950 Million which is $50 short of a billion.

        http://shannynmoore.wordpress.com/2010/03/21/george-w-bush-spent-950-million-on-universal-health-care/

        http://www.huffingtonpost.com/mark-dorlester/guaranteed-health-care-in_b_280528.html

        http://www.pbs.org/newshour/bb/health/july-dec03/iraq_12-31.html

        http://www.dailykos.com/story/2010/03/20/843547/-Flashback:-Universal-health-care-for-Iraq

        http://jwiles.wordpress.com/2011/02/05/bush-administrations-950-million-spent-on-iraqi-universal-healthcare/

        http://www.fantasticforum.com/1res/showthread.php?threadid=42106

        That should provide enough links to sources which state the facts. If not read the Article 31of the Iraqi Constitution.

        I find the hypocrisy on the right absolute idiocy. Yes,I know what the words mean. They fit that mentality...since you seem to be pretty good with the name calling.

        Are you really so dumb as to think all Americans have access to good affordable health care...if you do you are sadly misinformed by that Fox network you suck up to.

        August 29, 2011 at 9:59 pm |
      • Pete

        I'm tired of supporting lazy lowlife Scum in this Country

        August 30, 2011 at 11:15 am |
      • C-Lo

        Jean, I've come to the conclusion that you are one of the most hate filled lying hypocritic would be laughable if not so sad people in this forum. My guess from what and how you write and post is that you are actually John, a pimply 22 year old living in mama's basement collecting checks from Soros for spreading continuous lies and inciting hatred. NOTHING you say points to a 74 year old retired mid-america farmer. If my grandmother talked the way you do I'D WASH HER MOUTH OUT WITH SOAP! The only thing you know how to farm has 3 leaves and is approved for medicinal use in a hand full of states.

        You use hate filled posts as your "evidence" Huff and Puff post, dailyKozminot, Public BS (you don't think that's coincidental, do you?). I guess I was wrong in saying I didn't call you a communist, or maybe I should say I was wrong in NOT calling you a Pinko. YOU WANT NAMES, I'll give you names. At least Liz has the decency to engage in dialog. IF THE IRAQI CONSTITUTION IS SO GRAND...GO!!! We're not stopping you.

        Keep the hate going...it'll kill you before the THC or acne does.

        August 30, 2011 at 5:15 pm |
      • C-Lo

        And yes, EVERY AMERICAN has the right to healthcare. Walk into any hospital in the US and they are required to treat you. I did not say it was the best system, and a matter of FACT I said it wasn't the perfect system. But your too busy on your high horse to fully read/comprehend anything...your first instinct to to hurl your derogitory terms at anyone who disagrees with you. But keep it up, you just keep showing your true colors and hopefully one day you'll come clean as to who you reallywork for. My other guess is that you're the intern writing some of these "stories" and that's why you got so pi$$y when I made those comments.

        August 30, 2011 at 5:21 pm |
      • Russell Brown

        the first are prisoners but the latter traitors
        the one forefeits his liberty the other his head.

        August 30, 2011 at 11:21 pm |
      • C-Lo

        Well "Jean" it took a while because I don't have the ability to occupy my entire existence to continually show the dizzying spin the left puts on "facts" but I'll try to explain it to you in a way even you could comprehend:
        1. Nowhere in the Iraqi Constituion does it read that Iraq will be billing the US for it's medical tab
        2. Commondreams.org reports "Haveman noted that Iraq's 2004 health-care budget is $950 million, mainly funded by oil revenues. He acknowledged that that's insufficient to fix what's broken, but another $793 million has been budgeted – though none of it has been spent yet – out of the $18.6 billion in U.S. money that Congress appropriated to rebuild Iraq"
        3. you will notice that I didn't (though I could have) ommited part of that last line. That's because I want you to see how this is spun. The US budgeted 18.6B in rebuilding efforts in Iraq...not an uncommon common practice throughout history of the victor helping reconstruct the country(ies). Look at Japan and Germany after WWII.

        Therefore, if you want to utilize the conclusion your leftie bloggers use, then ANY country that has "universal" healthcare and that receives US Foreign Aid you could come to the same conclusion about. Maybe a better conclusion would be to end ALL foreign aid and open up the EXIT doors for anyone who wants to run to a country for their "free" healthcare. Oh yea, you already have that option.

        Say Hi to Pol Pot and Kim Jong Il for me.

        August 31, 2011 at 2:34 pm |
  4. Pete

    obama care the biggist Goverment tit this country ever seen
    What happens when an animal has a 5 nipples and has a litter of 7 Someone has to step in and support the two(bigger goverment)
    Well obama care has limmited tits but alot of lowlifes getting ready to suck her dry

    August 29, 2011 at 12:42 pm |
    • John

      "More affordable" = increase a government program and pay much more money that ever before. Only in America.We have become France. All we need now is a law for about 6 weeks mandatory vacation time.
      I can't wait to see the new and improved jobs plan – it will cost Americans close to a trillion.

      August 29, 2011 at 1:29 pm |
      • Pete

        all the runts of the litter will be grasping for the Free tit

        August 29, 2011 at 1:42 pm |
      • Pete

        Obama is adding a new chapter to american History CHAPTER 13

        August 29, 2011 at 5:04 pm |
      • C-Lo

        I wish you were right, Pete...but I think we're a lot closer to 7 than 13 unfortunately.

        August 29, 2011 at 5:19 pm |
    • Russell Brown

      the congress shall have power to lay and collect taxes
      impost and excises to pay the debts and provide for the
      common defence and general welfare of the united states
      but all duties imposts and excises shall be uniform throughout
      the united states.

      August 30, 2011 at 10:38 pm |
    • Russell Brown

      to all the Ronald Regan
      democrat vote 4more years for president obama.
      to all the famlies hurting vote 4 more years president obama
      that is our only choice.
      the Republicans spent the surplus
      the Repulicans are the christians wing that have left their frist love .

      Blessed are they that do his commandments
      that they may have the right to the tree of life
      and may enter in through the gates into the city.

      August 31, 2011 at 3:31 pm |
  5. maikl

    You Obama 's lovers not even talk about change. Are you got good change? You need more change. Change my a... . He is the worse president ever. Only now on sep.5 he will present his econ. plan. What a clown. I vote for him and my family. I'm sorry. It's was historical moment. Hell with experiment. He just kva-kva-kva.

    August 29, 2011 at 6:39 pm |
    • jean2009

      Obama -Biden 2012

      August 29, 2011 at 10:02 pm |
      • Pete

        Bozo obama out in 2012
        Perry -Romney for a better America

        August 30, 2011 at 8:05 am |
    • Russell Brown

      have you heard of President Bush
      the one who spend every dime
      the one who cause most of the issues today.

      August 31, 2011 at 2:58 pm |
  6. DON'T TREAD ON ME

    RON PAUL FOR PRESIDENT 2012
    HE STICKS TO THE CONSTITUTION AND WHAT THIS COUNTRY WAS FOUND ON

    August 29, 2011 at 8:09 pm |
  7. Handofdoom

    Obama is the true political disaster !

    August 29, 2011 at 11:16 pm |
    • Russell Brown

      the artful and hypocritical letter which appear a few mouths
      ago in two of the papers and like wise in two others
      is an evidence that there are men who want either judgement
      or honesty.

      August 30, 2011 at 11:15 pm |
  8. Handofdoom

    TWO FACE DYFUNCTIONAL Anti-American Obama has a real problem it is called ( lack of real leadership ) !

    August 29, 2011 at 11:18 pm |
    • Russell Brown

      not withstanding our wisdom there is a visible feeblenness
      in some of our proceedings which gives encouragement to dissentions.

      August 30, 2011 at 11:06 pm |
  9. Handofdoom

    TWO FACE Anti-American Obama , IF, and " it is one real Big word for Obama " If Obama was man enough to step down . The World would be a better place to live. IT would take a real man not one who is TWO FACE & Anti-American , ' right Obama !'

    August 29, 2011 at 11:23 pm |
    • Russell Brown

      do they take within their view all the various orders
      of men whose situation and circumstances as well
      as their own are to considered there in.

      August 30, 2011 at 10:57 pm |
  10. frankieboothe

    There can be a difference between what you and a health insurance company consider healthy. Some insurers will say that you have a health condition if you smoke, are overweight, are taking prescriptions, or had a medical condition in the past. If this describes you, you may want to search and read "Penny Health" on the web.

    August 30, 2011 at 3:44 am |
  11. makom8

    The Obama Plan is the Destruction of America. The Actions show it. His words show it. The results are showing it. The People see it and have REJECTED OBAMA AND HIS POLICY. The People want the Destructive Policy of this Demonic Obama Administration STOPPED.

    August 30, 2011 at 6:02 am |
    • Russell Brown

      mankind being originally equals in the order of creation the
      equality could only be destoryed by some subsequent circumstance
      the distinction of rich and poor
      may be in a great meaure

      August 30, 2011 at 10:49 pm |
  12. Rick McDaniel

    More changes for a failed Presidency.

    August 30, 2011 at 4:40 pm |
  13. Dale

    I wonder if he is another university communists or socialists working in the White House.

    August 30, 2011 at 4:57 pm |
  14. tewrobert

    I'm not a fan of Wal-Mart anymore because they got away from what made them a great store … selling only American Made after the founder died, but this really has a valid perspective.

    Wal-Mart vs. The Morons

    1. Americans spend $36,000,000 at Wal-Mart Every hour of every day.

    2. This works out to $20,928 profit every minute!

    3. Wal-Mart will sell more from January 1 to St. Patrick's Day (March 17th) than Target sells all year.

    4. Wal-Mart is bigger than Home Depot + Kroger + Target +Sears + Costco + K-Mart combined.

    5. Wal-Mart employs 1.6 million people, is the world's largest private employer, and most speak English.

    6. Wal-Mart is the largest company in the history of the world.

    7. Wal-Mart now sells more food than Kroger and Safeway combined, and keep in mind they did this in only fifteen years.

    8. During this same period, 31 big supermarket chains sought bankruptcy.

    9. Wal-Mart now sells more food than any other store in the world.

    10. Wal-Mart has approx 3,900 stores in the USA of which 1,906 are Super Centers; this is 1,000 more than it had five years ago.

    11. This year 7.2 billion different purchasing experiences will occur at Wal-Mart stores. (Earth's population is approximately 6.5 Billion.)

    12. 90% of all Americans live within fifteen miles of a Wal-Mart.

    You may think that I am complaining, but I am really laying the ground work for suggesting that MAYBE we should hire the guys who run Wal-Mart to fix the economy.

    This should be read and understood by all Americans Democrats, Republicans, EVERYONE!!

    To President Obama and all 535 voting members of the Legislature,

    It is now official that the majority of you are corrupt morons:

    a.. The U.S. Postal Service was established in 1775. You have had 234 years to get it right and it is broke.

    b.. Social Security was established in 1935. You have had 74 years to get it right and it is broke.

    c.. Fannie Mae was established in 1938. You have had 71 years to get it right and it is broke.

    d.. War on Poverty started in 1964. You have had 45 years to get it right; $1 trillion of our money is confiscated each year and transferred to "the poor" and they only want more.

    e.. Medicare and Medicaid were established in 1965. You have had 44 years to get it right and they are broke.

    f.. Freddie Mac was established in 1970. You have had 39 years to get it right and it is broke.

    g.. The Department of Energy was created in 1977 to lessen our dependence on foreign oil. It has ballooned to 16,000 employees with a budget of $24 billion a year and we import more oil than ever before. You had 32 years to get it right and it is an abysmal failure.

    You have FAILED in every "government service" you have shoved down our throats while overspending our tax dollars.

    AND

    I know what's wrong. We have lost our minds to "Political Correctness" !!!!!!!!!!!!!!!!!!

    Someone please tell me what the HELLL's wrong with all the people that run this country!!!!!!
    We're "broke" & can't help our own Seniors, Veterans, Orphans, Homeless etc.,???????????

    In the last months we have provided aid to Haiti , Chile , and Turkey .. And now Pakistan .....home of bin Laden. Literally, BILLIONS of DOLLARS!!!

    Our retired seniors living on a 'fixed income' receive no aid nor do they get any breaks while our government and religious organizations pour Hundreds of Billions of $$$$$$'s and Tons of Food to Foreign Countries! We have hundreds of adoptable children who are shoved aside to make room for the adoption of foreign orphans.

    AMERICA: a country where we have homeless without shelter, children going to bed hungry, elderly going without 'needed' meds, and mentally ill without treatment -etc,etc.

    YET......................
    They have a 'Benefit' for the people of Haiti on 12 TV stations, ships and planes lining up with food, water, tents clothes, bedding, doctors and medical supplies.

    Imagine if the *GOVERNMENT* gave 'US' the same support they give to other countries. Sad isn't it?

    August 30, 2011 at 6:29 pm |
  15. Liz Carter in Georgia

    @Jean, you do dialogue! I don't understand what C-Lo meant when he said 'at least Liz has the decency to diaogue', but I think it's because they don't want to hear or read your 'provened' side of the debate. C-Lo, could you tell me what you meant by that remark? From where I sit, I see her dialoguing extremely well. As far as name-calling, I think you BOTH do that very well! I'm guilty many times of that myself. Give the lady a chance will you? Just as you're so adamant about your views, SO IS SHE!

    August 30, 2011 at 8:11 pm |
  16. Liz Carter in Georgia

    @Pete, Jean told you right. We, as 'insurance premium paying' taxpayers have been paying for un-insured Americans, as well as the not-yet-naturalized people living in America since forever! Obama's health care plan is meant to lighten that load for us taxpayers, who pay premiums. BTW, what is your definition of 'low-life'? I hope you didn't mean the poverty strickened, unemployed, underemployed, disabled, children, senior citizens, the retired, even veterans, who hadn't been locked into the VA system!

    August 30, 2011 at 8:31 pm |