Princeton University economist Alan Krueger, who served as a top economic adviser to Presidents Obama and Clinton, committed suicide Saturday, according to his family. He was 58.
“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 family said. . .
Krueger was chairman of the Council of Economic Advisers under Obama from 2011 to 2013, and was an economist at the U.S. Labor Department under Clinton. . .
“He spent the first two years of my administration helping to engineer our response to the worst financial crisis in 80 years and to successfully prevent the chaos from spiraling into a second Great Depression,” Obama added. “He helped us return the economy to growth and sustained job creation, to bring down the deficit in a responsible way and to set the stage for wages to rise again.”
Clinton tweeted: ‘Alan Krueger was a brilliant economist for the public interest – from his research proving that raising the minimum wage doesn’t increase unemployment, to his recent work showing that America’s opioid epidemic has increased it. (Read more from “Obama’s Top Economic Adviser ‘Commits Suicide'” HERE)