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OBAMA ADVISER GOOLSBEE: 'New presidents get a year or so to do anything and I think they’ve used it up.'

Goolsbee says he wants to see solid signs of sustained wage growth before making the case that the economic recovery is complete and the job market is healed.

  • Austan Goolsbee, President Barack Obama's former chief economic adviser, tells Business Insider he sees decent, but not spectacular, economic growth ahead.
  • Goolsbee says he wants to see solid signs of sustained wage growth before making the case that the economic recovery is complete and the job market is fully healed.
  • Gooslbee believes the Federal Reserve may have trouble justifying continued interest rate hikes if inflation and wages don't pick up.
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