Economy needs private sector boost, Goolsbee says

Washington (CNN) — The private sector must become the driver of a still fragile economic recovery buffeted by high gas prices, the Japanese earthquake and tsunami and other “headwinds” so far this year, President Barack Obama’s top economic adviser said Sunday.

Austan Goolsbee, chairman of the White House Council of Economic Advisers, told CNN’s “State of the Union” that the administration’s focus is on strengthening business investment and expansion to keep the recovery going.