Rand Paul blasted Obama's appointment of Alan Krueger to head the Council of Economic Advisers.Alan Krueger is nothing more than an extreme government interventionist, cut from the same cloth as those who have failed to correctly predict, diagnose, and manage our economic problem. During his tenure at the Treasury Department, Alan Krueger helped design the ‘Cash for Clunkers’ program and even supported a European style value-added tax that would raise prices on American families.
This repetition of bad economic decisions by the President and his advisers could be described as the epitome of insanity – doing the same thing over and over and expecting a different result each time. Hasn’t the President realized we don’t need more big-government Keynesians in Washington saddling the American taxpayer with trillions in debt? The President’s economic policies have been an abysmal failure. His economic advisers have helped lead to these failures.
I have called for Treasury Secretary Tim Geithner to resign, and I am now calling on Alan Krueger to step down before he even begins his new role, before any more damage can be done to the American economy by this Administration.
Kreuger is so inept he has actually stated that raising the minimum wage doesn't decrease employment for young people and unskilled workers; a fact long ago proven to be the case.
It's great to have a Senator like Rand Paul who understands economics and the consequences of government interference in the market place.
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