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President Obama Nominates Alan Krueger to be CEA Chairman

An excellent choice.  Here's the video:

 

One cannot help but notice the pleading tone of the President's remarks, for Congress to actually do something.  I bet he wishes he was Prime Minister now.

What should the Obama Administration's fiscal priorities be?  Public infrastructure investment, to build while it's cheap, debt-financed if necessary.  There is some evidence that the incoming CEA Chair gets it.