Economist Tied to Clintons and Obama Dead by ‘Suicide’

Let’s just call the Clintons, “The Firm”.

Because as the FBI said to a young attorney recently hired by Bandini Lambert and Locke, “Attorneys at your company have a short life-expectancy”.

Certainly that’s the case with people associated with the Clintons, as we’ve documented. But soon the Obama body count may rival that of his former Secretary of State.

And the body count begins with senior adviser to both Bill Clinton and Barack Obama, namely Alan Krueger.

After leaving the Obama administration, Krueger returned to Princeton as a professor.

The New York Post reports that the 58-year-old Krueger committed suicide according the New York Post. Interesting, given that his long awaited book Rockonomics is set to be released in June. Most people committing suicide aren’t looking forward to a big debut of any kind.

The family issued a statement,

“It is with tremendous sadness we share that Professor Alan B. Krueger, beloved husband, father, son, brother, and Princeton professor of economics took his own life over the weekend,” the statement said. “The family requests the time and space to grieve and remember him.”

Krueger served as a Labor Department economist under Clinton, then as a top Treasury official for Obama. From 2011 to 2013, he was chairman of the Council of Economic Advisers.

Not to speak ill of the dead, but suicide is one hell of a way to try to sell a book. There’s no real upside for the author.

Frankly, I wouldn’t be surprised if Krueger looked at his body of work and decided to end it. Talk about not knowing much about economics.

Here’s what People magazine wrote about some of Krueger’s ideas:

Speaking with PEOPLE’s Sandra Sobieraj Westfall in 2014, Krueger recalled being asked to join the administration at the dawn of the Great Recession:

“[Treasury Secretary] Tim Geithner called right around Christmas 2008 and said, ‘The economy’s in a free fall. Why don’t you come to Treasury and work on big, consequential things?’ That was his line. And I couldn’t say no.”

As the New York Times notes, among his other major work Krueger did groundbreaking research in the ’90s on the effects of a minimum wage increase on employment — upending the long-held notion that a wage increase would lead to less jobs — and created “The Great Gatsby Curve” to illustrate his believe that nations with extreme class inequality also had lower class mobility.

I’m no economist. But I know with certainty that minimum wage kills jobs.

Look at what happened when Trump saved Obama’s anemic economy? Companies raised their wages above the minimum wage.

But what happens to people on fixed incomes when the minimum wage increases? The elderly and younger workers suffer most. Krueger’s work crushed those on fixed incomes, generally made up of the elderly and youngsters.

But was there more to Krueger’s ‘suicide’? Maybe he just couldn’t reconcile working for two scoundrels as presidents?

I researched Krueger for any indications that he was previously disturbed. I found nothing. So his depression was not widely known. But what I do know is I’m not the only one who believes there could be foul play. I’m not saying he didn’t die by suicide. It’s just that the suicide could be by two bullets to the back of the head.

 

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