On June 10, President Obama announced his intention to nominate - TopicsExpress

On June 10, President Obama announced his intention to nominate Jason Furman to become the next Chairman of the Council of Economic Advisers. This is a big-time, highly influential post. So what kind of economist is Furman? One who thinks Walmart is the best thing since sliced bread. For Furman, Walmart is nothing short of a miracle for America’s poor and working class folks. For him, progressives should be cheering the firm: Here’s a quote by Furman: “By acting in the interests of its shareholders, Wal-Mart has innovated and expanded competition, resulting in huge benefits for the American middle class and even proportionately larger benefits for moderate-income Americans.” (D) alternet.org/economy/jason-furman-obama-and-walmart

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