President Barack Obama, under pressure to spur job growth, said on Monday he had chosen Princeton labor economist Alan Krueger to become the top White House economist and that he will offer a jobs plan next week.
Yes, because nobody knows more about job creation than Big Labor.
And the message it sends to business is even worse. Hiring Krueger for the jobs says exactly one thing: Full speed ahead on Obamanomics. There will be no course corrections, there will only be more taxes, more spending, more regulation, more bullying.
The good news is, if you can call it that, it that there’s no one left who cares enough to listen.