Political Capital

Posts tagged: Alan Krueger

Tobey Maguire, Leonardo DiCaprio, Carey Mulligan, and Joel Edgerton in "The Great Gatsby."

Photograph by Warner Bros. Pictures/Everett Collection

Tobey Maguire, Leonardo DiCaprio, Carey Mulligan, and Joel Edgerton in "The Great Gatsby."

‘Gatsby Curve:’ 1928 Deja Vu

It’s 1928 all over again. That’s the basic finding of The Great Gatsby Curve, its history explained in the BloombergBusinessweek look at income inequality — which President Barack Obama has called “the defining challenge of our time.” “Alan Krueger stuck...

Read more »

Mel Watt, a Democrat from North Carolina and President Barack Obama's nominee as director of the Federal Housing Finance Agency, during a Senate Banking Committee nominations hearing in Washington, D.C. in June

Photograph by Andrew Harrer/Bloomberg

Mel Watt, a Democrat from North Carolina and President Barack Obama's nominee as director of the Federal Housing Finance Agency, during a Senate Banking Committee nominations hearing in Washington, D.C. in June

Tennis Team Pairs Cabinet’s Sperling, Krueger

“I’m ready,” said North Carolina Democratic Congressman Mel Watt, loosening his tie while carrying a Wilson racket bag into the pre-game reception for last night’s Washington Kastles Charity Classic. An hour later, the nominee to become the next director of the Federal Housing...

Read more »

President Barack Obama, center, introduces Heather Higginbottom, left, as Deputy Director of the Office of Management and Budget, Gene Sperling, second left, as the new director of the Council of Economic Advisors, Katharine Abraham, second right, as a member of the council, and Jason Furman as Assistant to the President for Economic Policy and Principal Deputy Director of the National Economic Council in Landover, Maryland.

Photograph by Chip Somodevilla/Getty Images

President Barack Obama, center, introduces Heather Higginbottom, left, as Deputy Director of the Office of Management and Budget, Gene Sperling, second left, as the new director of the Council of Economic Advisors, Katharine Abraham, second right, as a member of the council, and Jason Furman as Assistant to the President for Economic Policy and Principal Deputy Director of the National Economic Council in Landover, Maryland.

Obama Tapping Furman for CEA Chair

President Barack Obama plans to nominate Jason Furman, a White House official well-versed in staff rivalries and relationships, to replace Alan Krueger as the head of the Council of Economic Advisers, according to two people familiar with the matter. Krueger plans to return to...

Read more »

Job seekers at a job fair in Southfield, Michigan.

Photograph by Paul Sancya/AP Photo

Job seekers at a job fair in Southfield, Michigan.

White House Warns of ‘Self-Inflicted’ Wounds for a Recovering Economy

The White House is taking today’s employment report as a sign that the economy is healing from “the wounds inflicted” by the worst downturn since the Great Depression, while warning Congress against creating any “self-inflicted wounds.” Such as the looming...

Read more »

U.S. Army soldiers attached to 2nd platoon, C troop, 1st Squadron (Airborne), 91st U.S Cavalry Regiment, 173rd Airborne Brigade Combat Team operating under NATO sponsored International Security Assistance Force (ISAF) looks through his rifle as a Medevac helicopter takes off during a patrol near Baraki Barak base in Logar Province on Oct. 13, 2012. T

Photograph by Munir uz Zaman/AFP via Getty Images

U.S. Army soldiers attached to 2nd platoon, C troop, 1st Squadron (Airborne), 91st U.S Cavalry Regiment, 173rd Airborne Brigade Combat Team operating under NATO sponsored International Security Assistance Force (ISAF) looks through his rifle as a Medevac helicopter takes off during a patrol near Baraki Barak base in Logar Province on Oct. 13, 2012. T

Defense Cuts: Unavoidable, Despite GDP Contraction Pinned on Defense?

Written with Richard Rubin Just as the U.S. gross domestic product is taking a hit from lower defense budgets, federal spending cuts viewed as unthinkable a few months ago — $1.2 trillion falling heavily on the Pentagon — are seen...

Read more »

A job seeker, right, speaks with a recruiter during a HIREvent job fair in San Jose, California.

Photograph by David Paul Morris/Bloomberg

A job seeker, right, speaks with a recruiter during a HIREvent job fair in San Jose, California.

Krueger: Jobs Report a Reminder — Middle-Class Tax Relief Essential

The White House is taking today’s jobs report — with unemployment declining to 7.7 percent in November — as another sign of the imperative for approving the tax plan the president is pressing in deficit talks. Alan Krueger, chairman of...

Read more »

Workers build a wing tip for a C-5 cargo plane at the CPI Aerostructures Inc. manufacturing facility in Edgewood, New York.

Photograph by Victor J. Blue/Bloomberg

Workers build a wing tip for a C-5 cargo plane at the CPI Aerostructures Inc. manufacturing facility in Edgewood, New York.

Economic Indicators at Election Eve — White House: `Right Direction’

Updated at 10:45 am EDT Gross domestic product up. Unemployment down. Housing starts up. Consumer confidence up. With one more federal report on employment to come the Friday before Election Day, Nov. 6. All told, a series of indicators on...

Read more »

Job applicants meet potential employers at the NYC Startup Job Fair held in New York City.

Photograph by John Moore/Getty Images

Job applicants meet potential employers at the NYC Startup Job Fair held in New York City.

7.8% Jobless: Obama Campaign Gift

Updated again at 11:35 am EDT Direct mailings to voters in Virginia are calling three-and-a-half years of unemployment over 8 percent “a hammer blow to America’s middle-class families. ” It is part of Republican Mitt Romney’s persisting message: Voters have...

Read more »


A ''Now Hiring'' sign is seen in a store front window in Miami Beach, Florida.

Photograph by Joe Raedle/Getty Images

A ''Now Hiring'' sign is seen in a store front window in Miami Beach, Florida.

What a Jobs Report Memo to a President Looks like

Correction: In the 8th paragraph, the estimated number of new jobs added to the economy is 130,000 in the month of August, not 110,000. Before President Barack Obama speaks tonight, he will likely receive a memo that could predict the...

Read more »