Austan Goolsbee News
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President Barack Obama has worked to avoid racial politics during much of his presidency. Now, the structure promoting his legacy is at risk of getting caught up in them.
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President Barack Obama ’s chief economist said Wall Street has largely recovered from the 2008 crisis and will be strengthened by the White House-backed regulatory overhaul that Congress passed this year.
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White House chief economist Austan Goolsbee said today’s unemployment report offers “encouraging news” on job growth and suggests that the U.S. will avoid a recession.
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Austan Goolsbee , chairman of the White House Council of Economic Advisers, in an interview on Bloomberg Television’s “Political Capital with Al Hunt ,” airing this weekend, said he is confident that the administration and Congress will reach a deal to raise the federal debt limit and that markets are confident that the U.S. won’t default.
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President Barack Obama probably will receive August’s unemployment report before he delivers his acceptance speech tonight at the Democratic National Convention in Charlotte, North Carolina, said Austan Goolsbee, a former chairman of the White House Council of Economic Advisers.
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Today’s unemployment report shows that “private sector job growth was extremely strong,” Austan Goolsbee , the White House’s chief economist, said.
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People in the U.S. opposing TransCanada Corp.’s Keystone XL pipeline are being “naïve,” said Austan Goolsbee, former chairman of the White House Council of Economic Advisers.
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President Barack Obama ’s chief economist said it will take time for administration efforts to bring down the jobless rate to bear fruit.
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White House chief economist Austan Goolsbee said today’s jobs report shows that the private sector is adding jobs, though not as many as the Obama administration would like.
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The chief economist at the White House said “faster growth is needed” for the U.S. to replace jobs lost during the recession, after a Commerce Department report showed the U.S. economy slowed in the first quarter.
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