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Obama plays defense on GDP numbers

President Obama and aides will again have to defend their economic policy amid more tepid data... Alan Krueger, who chairs Obama's Council of Economic Advisers, noted that the Gross Domestic Product -- the total amount of goods and services produced in the country -- has grown for a dozen straight quarters, adding up to 6.7% over the past three years.

Obama to tap Krueger for economic post

A White House official says President Barack Obama will name labor economist Alan Krueger to a top administration post.

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