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CEA's Job

The CEA's mission statement is, "Laying the foundation for recovery and growth."

1) Assist and advise the President in preparation of the Economic Report.

2) Gather timely and authoritative information.

3) Appraise the various programs and activities of the Federal Government in light of the policy declared in section 2.

4) Develop and recommend to the president nation economic policies.

5) Make and furnish such studies.

Most Striking Issue

State of the Economy

We are still fighting back from the worst economic crisis since the Great Depression.

Biography Continued...

Received a B.S. degree with honors

A.M. in Economics

Ph.D. in Economics

Currently on leave from Princeton University

Author of "What Makes a Terrorist : Economics and the Root of Terrorism" and "Education Matters : A Selection of Essays on Education"

Member of Board of Directors of the MacArthur Foundation and Center for Economic Research and Graduate Education of Charles University in the Czech Republic

Senior scientist for the Gallup Organization

Day to Day Duties

Employment Issues

Unemployment rates have decreased slightly

Members of the council should be trained and experienced. They must appraise programs and activities of the Government and help national economic policy to promote employment, production, and purchasing power under free competitive enterprise.

Job Gains/Losses from October 08-October 12

Why was the CEA created?

This department was established by Congress in the Employment Act of 1946. Their most important job is to help the president write the Economic Report. However, they also give economic advice on the formulation of both domestic and international economic policy.

Council of Economic Advisors

Bibliography

"Tuesday Feb 12." Investopedia – Educating the World about Finance. N.p., n.d. Web. 12 Feb. 2013

http://www.investopedia.com/terms/e/employmentactof1946.asp

"Council of Economic Advisers | The White House." Council of Economic Advisers | The White House. N.p., n.d. Web. 12 Feb. 2013.

http://www.whitehouse.gov/administration/eop/cea

Head of the Department

Alan B. Krueger

Confirmed by Senate November 3, 2011

Previously served in the Obama Administration as Assistant Secretary for Economic Policy

In 1994-95, he served as Chief Economist at the U.S. Department of Labor

Research associate of the National Bureau of Economic Research

Served as chief economist for the Council for Economic Education

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