President Barack Obama said he’s nominating Alan Krueger, a labor economist who has advocated for a hiring tax credit for businesses and increased infrastructure spending, to lead the White House Council of Economic Advisers.
Obama said Krueger will play a central role in developing policies to spur faster economic growth. The president said he’ll announce a package of proposals next week to boost hiring.
“Our great ongoing challenge as a nation remains how to get this economy growing faster,” Obama said at the White House. “Our challenge is to create a climate where more businesses can post job listings, where folks can find good work that relieves the financial burden they’re feeling, where families can regain a sense of economic security.”
Full story: Obama: Krueger to Be Key Adviser on Growth – Bloomberg.