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Tags: White House Economy

Obama Adviser: US Economy Needs to Be 'Juiced'

Sunday, 02 January 2011 11:19 AM

WASHINGTON (AP) — President Barack Obama's top economic adviser says the administration wants to juice the economy and get it going faster amid signs of a continuing recovery in the new year

Austan Goolsbee, who's chairman of the White House Council of Economic Advisers, tells ABC's "This Week" that administration efforts will focus on investment, exports and innovation.

Unemployment remains a sore spot at 9.8 percent. Goolsbee says previous forecasts for unemployment to average around 9 percent this year appear to be holding steady.

Goolsbee says initiatives under way, such as cutting payroll taxes and offering tax incentives to small businesses, are now coming into play to help.

© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


InsideCover
WASHINGTON (AP) President Barack Obama's top economic adviser says the administration wants to juice the economy and get it going faster amid signs of a continuing recovery in the new yearAustan Goolsbee, who's chairman of the White House Council of Economic Advisers,...
White House Economy
107
2011-19-02
Sunday, 02 January 2011 11:19 AM
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