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Jason Furman

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BUSINESS
June 11, 2013 | By Jim Puzzanghera
WASHINGTON -- A group of 11 conservative economists are publicly backing Jason Furman's nomination to head the White House Council of Economic Advisers. "Although we often disagree with the administration's policies and differ with Jason on a number of issues, we respect him as a superb analytical economist," the economists, all affiliated with the American Enterprise Institute think tank, wrote in a blog post Tuesday. "If the Senate confirms his nomination to be the president's chief economic adviser, we are confident that he will serve the president and the nation with distinction," they said.
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BUSINESS
February 19, 2014 | By Michael Hiltzik
In a sensible world, the newest government study of the economic effects of raising the minimum wage to $10.10 an hour would end the discussion. Here are the main points . See if you can guess which one has gotten the most headline play in the news. 1. Wages would rise for 16.5 million workers. 2. Income for families living below the poverty line would rise by a combined $5 billion, and by $12 billion for those earning less than three times the poverty level. 3. About 900,000 people would be moved out of poverty.
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BUSINESS
May 28, 2013 | By Jim Puzzanghera and Christi Parsons, Los Angeles Times
WASHINGTON - One of President Obama's top economic advisors, Alan Krueger, will step down to return to teaching at Princeton University, the White House said. Obama plans to nominate longtime aide Jason Furman as Krueger's replacement, said a Democratic official who spoke on condition of anonymity because the appointment had not been officially announced. Krueger is on leave from his position as an economics and public affairs professor and will return to Princeton in time for the upcoming school year, the White House said Tuesday.
BUSINESS
January 10, 2014 | By Michael Hiltzik
UC Berkeley economist Brad DeLong calls "nuh-uh" on the Obama administration's wan attempt to put the best face on Friday's dispiriting employment report, pointing to the "absolute and total complete disaster" lurking not far beneath the  "flat-lining employment-to-population ratio. " Jason Furman, the White House chief economist, underscored that the private sector has added jobs for 46 consecutive months, though he could hardly avoid noting that the December figure was a meager gain of 74,000 (attributed by most to that all-purpose winter rascal, the weather)
BUSINESS
October 22, 2013 | By Jim Puzzanghera
WASHINGTON -- After a lackluster September employment report, a top White House official warned Tuesday that the partial government shutdown led the labor market to worsen this month and probably cost the economy "a decent number of jobs. " Jason Furman, chairman of the White House Council of Economic Advisers, noted that September was the 43rd straight month of private sector job growth. In a report delayed by the shutdown, the Labor Department said the economy added 148,000 jobs overall last month, well below analyst expectations of 185,000.
NEWS
January 25, 2012 | By Christi Parsons
President Obama preached a message of hope to factory workers on Wednesday as he began a sales pitch for his plan to boost U.S. manufacturing through changes to the tax code. Speaking to employees and owners of a conveyor belt plant in Cedar Rapids, Iowa, Obama talked about the rising cost of doing business in China and predicted that more American companies will see the wisdom of setting up shop at home. "Wages are going up," Obama said of the Chinese economy, and it "starts becoming cost-prohibitive" to operate there.
BUSINESS
February 19, 2014 | By Michael Hiltzik
In a sensible world, the newest government study of the economic effects of raising the minimum wage to $10.10 an hour would end the discussion. Here are the main points . See if you can guess which one has gotten the most headline play in the news. 1. Wages would rise for 16.5 million workers. 2. Income for families living below the poverty line would rise by a combined $5 billion, and by $12 billion for those earning less than three times the poverty level. 3. About 900,000 people would be moved out of poverty.
BUSINESS
January 10, 2014 | By Michael Hiltzik
UC Berkeley economist Brad DeLong calls "nuh-uh" on the Obama administration's wan attempt to put the best face on Friday's dispiriting employment report, pointing to the "absolute and total complete disaster" lurking not far beneath the  "flat-lining employment-to-population ratio. " Jason Furman, the White House chief economist, underscored that the private sector has added jobs for 46 consecutive months, though he could hardly avoid noting that the December figure was a meager gain of 74,000 (attributed by most to that all-purpose winter rascal, the weather)
NATIONAL
August 15, 2011 | Peter Nicholas
As he sets out on a three-day bus tour of the Midwest focused on the economy, President Obama is coming under growing pressure from fellow Democrats to put forward a more aggressive strategy to create jobs than the one he has been touting for months. Obama has offered a jobs package crafted to win Republican support in a divided Congress. But he faces two distinct problems: Republicans say they won't vote for several pieces of the plan. And Democrats contend the program, even if enacted in full, would fall short of what's needed to boost job growth or revive Obama's political prospects.
NATIONAL
June 11, 2008 | Tom Hamburger, Times Staff Writer
Labor union officials and some liberal activists were seething Tuesday over Barack Obama's choice of centrist economist Jason Furman as the top economic advisor for the campaign. The critics say Furman, who was appointed to the post Monday, has overstated the potential benefits of globalization, Social Security private accounts and the low prices offered by Wal-Mart -- considered a corporate pariah by the labor movement.
BUSINESS
October 22, 2013 | By Jim Puzzanghera
WASHINGTON -- After a lackluster September employment report, a top White House official warned Tuesday that the partial government shutdown led the labor market to worsen this month and probably cost the economy "a decent number of jobs. " Jason Furman, chairman of the White House Council of Economic Advisers, noted that September was the 43rd straight month of private sector job growth. In a report delayed by the shutdown, the Labor Department said the economy added 148,000 jobs overall last month, well below analyst expectations of 185,000.
BUSINESS
June 11, 2013 | By Jim Puzzanghera
WASHINGTON -- A group of 11 conservative economists are publicly backing Jason Furman's nomination to head the White House Council of Economic Advisers. "Although we often disagree with the administration's policies and differ with Jason on a number of issues, we respect him as a superb analytical economist," the economists, all affiliated with the American Enterprise Institute think tank, wrote in a blog post Tuesday. "If the Senate confirms his nomination to be the president's chief economic adviser, we are confident that he will serve the president and the nation with distinction," they said.
BUSINESS
May 28, 2013 | By Jim Puzzanghera and Christi Parsons, Los Angeles Times
WASHINGTON - One of President Obama's top economic advisors, Alan Krueger, will step down to return to teaching at Princeton University, the White House said. Obama plans to nominate longtime aide Jason Furman as Krueger's replacement, said a Democratic official who spoke on condition of anonymity because the appointment had not been officially announced. Krueger is on leave from his position as an economics and public affairs professor and will return to Princeton in time for the upcoming school year, the White House said Tuesday.
NEWS
January 25, 2012 | By Christi Parsons
President Obama preached a message of hope to factory workers on Wednesday as he began a sales pitch for his plan to boost U.S. manufacturing through changes to the tax code. Speaking to employees and owners of a conveyor belt plant in Cedar Rapids, Iowa, Obama talked about the rising cost of doing business in China and predicted that more American companies will see the wisdom of setting up shop at home. "Wages are going up," Obama said of the Chinese economy, and it "starts becoming cost-prohibitive" to operate there.
NATIONAL
August 15, 2011 | Peter Nicholas
As he sets out on a three-day bus tour of the Midwest focused on the economy, President Obama is coming under growing pressure from fellow Democrats to put forward a more aggressive strategy to create jobs than the one he has been touting for months. Obama has offered a jobs package crafted to win Republican support in a divided Congress. But he faces two distinct problems: Republicans say they won't vote for several pieces of the plan. And Democrats contend the program, even if enacted in full, would fall short of what's needed to boost job growth or revive Obama's political prospects.
NATIONAL
June 11, 2008 | Tom Hamburger, Times Staff Writer
Labor union officials and some liberal activists were seething Tuesday over Barack Obama's choice of centrist economist Jason Furman as the top economic advisor for the campaign. The critics say Furman, who was appointed to the post Monday, has overstated the potential benefits of globalization, Social Security private accounts and the low prices offered by Wal-Mart -- considered a corporate pariah by the labor movement.
BUSINESS
January 13, 2014 | By Michael Hiltzik
The push is on in Congress to raise the federal minimum wage to $10.10 an hour, and so too is the conservative counterattack.  In the vanguard of the pushback is Sen. Marco Rubio (R-Fla.), who dismisses the minimum wage as a "stale" weapon in the war on poverty -- worse, an ineffective one.  "Raising the minimum wage may poll well, but having a job that pays $10 an hour is not the American dream," Rubio said in his recent speech marking the 50th anniversary of Lyndon Johnson's anti-poverty program.
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