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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 taps Goolsbee as top White House economist

President Barack Obama has chosen Austan Goolsbee to succeed Christina Romer as chairman of the White House Council of Economic Advisers, U.S. administration officials said on Thursday.

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