WASHINGTON – Austan Goolsbee, still at this moment chairman of President Obama's Council of Economic Advisers, is clearly tired of hearing talk about the supposedly desperate state of the American economy.On the heels of the latest government snapshot of the labor market (http://www.huffingtonpost.com/2011/06/03/jobs-report-economy-unemployment_n_870925.html), which showed the economy gaining a paltry number of jobs in May while the unemployment rate climbed to 9.1 percent, Goolsbee pushed back with vehemence at the suggestion that the current state of play amounts to a crisis. He insisted that the economy is improving, even if there is still a slog to come.More... (http://www.huffingtonpost.com/2011/06/08/austan-goolsbee-no-economic-crisis_n_873585.html)
Source: The Huffington Post.