Jun 6, 2011

The White House’s Energy Trends

All –

On ABC’s “This Week,” the President’s Chief Economic Adviser Austan Goolsbee admitted last month’s jump in unemployment and weak private sector growth was in part due to sky rocketing gas prices.

CEA Chairman Austan Goolsbee – Gas Prices Caused Increase In Unemployment. “You want to look at a little bit of a trend to get a more accurate barometer and overall direction is, yes, somewhat slowed from the stiff head winds of gas prices, of the events in Japan and some of the events in Europe.” (ABC’s “This Week With Christiane Amanpour,” 6/5/11)