'He helped us return the economy to growth and sustained job creation, to bring down the deficit in a responsible way, and to set the stage for wages to rise again,' Obama said in a statement.
President Barack Obama paid tribute Monday to former White House economist and Princeton professor Alan Krueger, who took his own life over the weekend. Krueger was 58.
Krueger served as chief economist at the Department of Labor during the administration of President Bill Clinton and worked as a top treasury official to Obama before chairing the Council of Economic Advisers from 2011 to 2013. “He spent the first two years of my administration helping to engineer our response to the worst financial crisis in 80 years, and to successfully prevent the chaos from spiraling into a second Great Depression. During his tenure as the Chair of my Council of Economic Advisors, he helped us return the economy to growth and sustained job creation, to bring down the deficit in a responsible way, and to set the stage for wages to rise again.
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