Top White House Economic Adviser to Step Down This Summer
- Posted on June 6, 2011 at 8:50pm by
Billy Hallowell
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WASHINGTON (AP) — The White House says Austan Goolsbee, a longtime adviser to President Barack Obama, will resign his post as the chairman of the Council of Economic Advisers this summer to return to teaching at the University of Chicago Graduate School of Business.
Goolsbee has been the face of the White House on economic news, and is a regular every first Friday of the month explaining the administration’s take on the latest jobless numbers.
Goolsbee served on the three-member economic council since the start of the administration. He advised Obama during his 2004 Senate race and was senior economic policy adviser during the 2008 presidential campaign.
He took over last September as council chairman, replacing Christina Romer, who left to return to a teaching position at the University of California, Berkley.
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Comments (148)
Soquel by the Creek
Posted on June 6, 2011 at 9:26pmGood for Mr. Goolsbee. He’s MIT trained and his conscience must be catching up with him. He knows that he’s being used as a shill for the Administration.
Report Post »ofallon
Posted on June 6, 2011 at 9:25pmHe couldn’t take the heat. You can only spin for so long.
Report Post »flsnipe
Posted on June 6, 2011 at 9:18pmDon’t go away mad just go away
Report Post »RightPolitically
Posted on June 6, 2011 at 9:18pmWell, that’s two down in as many years. First Romer, now the Gools-man. The real sin is that both of these geniuses of Economics are now going to TEACH ec.101 to students………HOW SMART IS THIS?
Report Post »ThickRick
Posted on June 6, 2011 at 9:17pmOh great, another ******* back into the acedemic setting! Good luck learning anything useful from this tool!
Report Post »Mateytwo Barreett
Posted on June 6, 2011 at 9:15pmLong Time? Wait a minute! Didn’t this guy take over for the Romer broad? What, a year ago?
Report Post »Obviously Austan has figured out one thing. . . .Somethings not adding up! Time for me to go. Maybe Goldman needs a new VP?!?!?
BoilitDown
Posted on June 6, 2011 at 9:14pmSo Goolsbee is going back to man the Obama Campaign HQ. Their gonna need him!
Report Post »Silverbelle
Posted on June 6, 2011 at 9:10pmAnother economic loser bites the dust…unfortunately, the US is still in the dust of a major recession.
Report Post »Glad I don’y have to pay tuition at the University that Goolsbee is going to – those that can’t, teach
eat-more-bacon-USA
Posted on June 6, 2011 at 9:10pmWhatever – obama thinks this will be “good optics” going into 2012, but the problem is obama himself, not any of his drooling Chicago buddies. The U.S. economy will continue to tank and unemployment will continue to rise until obama is removed from office, all democrats are stripped of their power and Anthony Weiner is forced to stop playing with his tiny little wiener online.
Report Post »iyam
Posted on June 6, 2011 at 9:08pmsee ya goobsbee
Report Post »lonewolf57
Posted on June 6, 2011 at 9:07pmWow,heading to Chicago to teach more Marxist propaganda.Who would’ve guessed?
Report Post »sb36695
Posted on June 6, 2011 at 9:06pmWhy do the universities let these failures return?
Report Post »Teaparty-grammy
Posted on June 7, 2011 at 12:18amAre you kidding me? Have you not heard the saying, “Those who can, do. Those who can’t, teach. And those who can’t teach, teach education.”
They take them back, because they are birds of a feather. Feathers must be what their heads are full of, for them to keep buying into all the Progressive Communist hogwash! Besides, next fall they will have a whole new generation to brainwash. We really have to wrest control of the schools and universities out of the hands of these slugs — they are poisoning the minds of entire generations of our youth!
Report Post »264win
Posted on June 6, 2011 at 9:04pmMomma silverback Chewbacca may need to take the little boy O down for a ice cream cone him going to cry.
Momma why do my boys keep leaving me?
Momma Chewbacca replys…Come over here little boy O did i ever tell you the story about the Titantic?
Conclusion to the story: Don’t wait to long or all the life rafts will be gone!
Report Post »taebaggranny
Posted on June 7, 2011 at 4:15pm@264win They have tenure…and they don’t quit when they take a political post, they take a sabbatical, or extended leave of absence…That way their cushy job is waiting for them when they decide to go back…Neat, HUH??
Report Post »wampanoag
Posted on June 6, 2011 at 9:03pmTo spend more time with his family no doubt after screwing up the biggest economy in the world.
Report Post »sbenard
Posted on June 6, 2011 at 9:02pmMore rats jumping ship! And they’re all rats!
Report Post »Cold War Vet
Posted on June 6, 2011 at 9:02pmGreat. When Goolsbee gets back to the university, maybe he can brush up on his arithmetic!
At least learn how to use a calculator…
Report Post »Dale
Posted on June 6, 2011 at 10:21pmHe has problems with decimals.
Report Post »Orth. Jewish Conservative
Posted on June 6, 2011 at 9:01pmNow Obama himself should resign, then will all be happy.
Report Post »paperpushermj
Posted on June 7, 2011 at 3:17amWatch out for techengineer. He sees Jews every where
Report Post »Bro Geo Too
Posted on June 6, 2011 at 8:59pmMr. Goolsbee, please do the country a favor and take that imposter boss with you!
Report Post »saviorammo
Posted on June 6, 2011 at 8:57pmand he go back to teaching how to destroy the greatese economy on earth.
Jesus flipp’n communists.
Give him a medal for performance as well.
Report Post »Argyle
Posted on June 6, 2011 at 8:56pmHe should get a new job picking up garbage…. he might be good at that! He sucks at economics and business!
Report Post »axel@25
Posted on June 6, 2011 at 8:56pmno wonder the kids graduating these days haven’t got a clue…
Report Post »redbone007
Posted on June 6, 2011 at 8:56pmNow we must listen to Obama tell us he have done something to help the economic. He asks his economic adviser to resign. Therefore, we are now okay and do not have to worry.
Report Post »Outlaw_Josey_Wales
Posted on June 7, 2011 at 2:15pmIt’s time to worry, their is others on Obama economic team who has also resigned. I think Tim Geithner and Ben Bernanke will be gone by election day 2012. The united states, is just like a big company when it runs into financial trouble, upper management resigns or gets fired.
Report Post »Snowleopard {gallery of cat folks}
Posted on June 6, 2011 at 8:54pmSo we will have another socialist progressive terrorist teacher in a college position?
Report Post »Brasil2520
Posted on June 6, 2011 at 9:20pmWelcome to Chicago my friend, enjoy the Falafel.
Report Post »obamanation
Posted on June 6, 2011 at 8:54pmChicago School of Business… Haha! That’s funny!
Report Post »v-vet1968
Posted on June 6, 2011 at 9:09pmlike the flag with little barry!!
Report Post »GulfPeg
Posted on June 7, 2011 at 5:21amYes, this is where Al Capone got his degree. :)
Report Post »Bluebonnet
Posted on June 7, 2011 at 11:04amSmart man. He sees the hand writing on the wall and wants to jump ship before it gets to port. Actually he is one smart man who knew he was being used by the corrupt WH.
Report Post »Pleeze people! Let’s vote for a President who has smarts, ethics, and the interest of America at heart.
I’m so tired of the stupid games they play and try to hide as if “we the people don’t see it”. The current WH really think they have us hood-winked. My mantra is ” NO BO, I’m tired of the smell.
The_Almighty_Creestof
Posted on June 6, 2011 at 8:53pmHope the rats don’t get their feet wet as they jump ship.
Report Post »ENCIINOM
Posted on June 6, 2011 at 8:57pmBy rat i asume you mean Bush Huh?
Report Post »Brasil2520
Posted on June 6, 2011 at 8:59pmTake Weiner with you.
Report Post »Dustyluv
Posted on June 6, 2011 at 9:01pmHe is a regular every first Friday of the month explaining the administration’s take on the latest jobless numbers.
So that’s the liar that faces the media every Friday. I think he can be replaced easily by a Weiner!
Report Post »v-vet1968
Posted on June 6, 2011 at 9:07pmall the rats!!!
Report Post »Obama Bin Lying
Posted on June 6, 2011 at 9:12pm@Encinodouche….the word is spelled assume. You can’t even be wrong right
Report Post »Restored One
Posted on June 6, 2011 at 9:13pmTo the Blaze bloggers…………Learn to spell and make your grammar correct. You make us look like fools. We want everyone to contribute, but sometimes I read these posts and am horrified at the errors. They are not just typos. Maybe they are trolls trying to make us look like fools? Please re-read your post before you hit reply. Thank you!
Report Post »Gold Coin & Economic News
Posted on June 6, 2011 at 9:20pmYou mean the President actually has a Council of Economic Advisers? He actually has people telling him these stupid moves and bankrupting the country is the thing he should be doing? They should all resign.
Report Post »CatB
Posted on June 6, 2011 at 9:29pm@ENCIINOM
LOL .. note to self — These ARE OBAMA RATS!
Report Post »Darmok and Jalad at Tanagra
Posted on June 6, 2011 at 9:30pmThis opens the door for Paul Krugman. He can put his nobel prize winning theories into practice and show people that he really isn’t wrong all the time.
Report Post »TheGreyPiper
Posted on June 6, 2011 at 9:31pmENCIINOM:
Hahah, you are so ffnng lame!
“Blame Bush!” (TM)*
*Trademark of Hussein Holdings, Ltd., a wholly-owned subsidiary of Soros Int’l.
Report Post »TheGreyPiper
Posted on June 6, 2011 at 9:32pmPS — ENCIINOM What‘s with the double I’s? Your previous alt get banninated?
Report Post »CatB
Posted on June 6, 2011 at 9:33pmPoor little ENCIINOM as confused as Obama … it is 2011 not 2008. ROFL!
TEA!
Report Post »Brasil2520
Posted on June 6, 2011 at 9:40pmTo Gold Coin
Ya its all joke, millionaire’s lack empathy
Report Post »ENCIINOM
Posted on June 6, 2011 at 9:51pm@obama binlying
Yo! Check out our back and forth on the Pelosi investigation story. Im handing you your hat!
Report Post »ENCIINOM
Posted on June 6, 2011 at 9:57pm@Obama bin lying
Your ass-hat that is!
Report Post »jbhgary
Posted on June 6, 2011 at 9:58pmthe roof is collapsing and they can’t run fast enough or far enough…
Report Post »Dale
Posted on June 6, 2011 at 10:09pmENCIINOM;
Report Post »By rat i asume you mean Bush Huh?
——————-
You asume [sic] incorrectly, googlesbee and the progressive cowards; like you.
legendarytwo
Posted on June 6, 2011 at 10:12pmDemocrats have no shortage of idiots to take his place.
Report Post »techengineer11
Posted on June 6, 2011 at 10:12pmIs Obama kicking all of his Jewish advisors out or something?
Alex Jones Denounces Israel Golan Protesters Killings!
http://youtu.be/plCgxrY5vmA
Report Post »TexasCommonSense
Posted on June 6, 2011 at 10:15pmHe’s bailing before being held responsible for the impending financial doom.
Report Post »Miami
Posted on June 6, 2011 at 10:24pmYou mean they had “Economic Adviser”…?
I would have sworn they were winging it, they could notr have done any worse…!
Report Post »BIGJAYINPA
Posted on June 6, 2011 at 10:29pm“Obama Economic Expert” That is as big an oxymoron as “an intelligent ENCINOM comment”. Just ain’t gonna be possible.
Report Post »GeorgieJo
Posted on June 6, 2011 at 11:05pmGoolsbee works TEN months then quits
to go back to teaching at U of CHICAGO?
I nominate Aretha Franklin for the next $ advisor
Report Post »That Chicago group is getting CROWDED
Showtime
Posted on June 6, 2011 at 11:10pmBy “rats” I think you need to include encinom.
Maybe (but I doubt it) there‘ll be somebody in this guy’s slot who knows enough economics to help America rather than flush her down the toilet.
Report Post »Showtime
Posted on June 6, 2011 at 11:14pm@TheGreyPiper ~
I think he misspelled his own name. He’s misspelling everything else.
Report Post »jeffyfreezone
Posted on June 6, 2011 at 11:21pmIt will be nice when we replace the economic idiots with the likes of Art Laffer and Steven Moore…
Report Post »I can dream can’t I?
docgreen
Posted on June 6, 2011 at 11:29pmThink about this, if Obama‘s Economic policies aren’t working and his people have been fudging numbers; you’d have to get rid of your pawn to stop the check! It sounds to me he’s getting out of the kitchen, before its getting hot! His policies and lies are being outed and its only going to get worse! Have you ever watched him try to explain Obama’s jobless numbers? I guess there comes a time and point after hiding/fudging numbers, you can’t hide them anymore! My guess the next numbers are going to way worse than before!…..
Report Post »Teaparty-grammy
Posted on June 6, 2011 at 11:58pm@ENCIINOM, who posted: “By rat i asume you mean Bush Huh?”
Poor illiterate little troll–your spelling is deteriorating by the minute. If I were you, I would quit while you are behind and go home. You are out of your depth here, after all. See, that is what your liberal education has done for you. But hey, maybe you could get on “Can you spell better than a 5th grader” — new reality show starting this fall. If you can pass the entry exam, which is doubtful . . .
Report Post »Teaparty-grammy
Posted on June 7, 2011 at 12:01am@ CatB @ENCIINOM
“LOL .. note to self — These ARE OBAMA RATS!”
Obama rats . . . I‘m pretty sure that’s redundant. rat rats — yep, it is! :)
Report Post »Teaparty-grammy
Posted on June 7, 2011 at 12:04am@ ENCIINOM, who posted: @ Obama Bin Lyin’: “Yo! Check out our back and forth on the Pelosi investigation story. Im handing you your hat!”
Oh, puh-leeze! You haven‘t handed Obama Bin Lyin’ or anyone else their hat, you ignorant little troll. In a battle of wits, you’re unarmed.
Report Post »Teaparty-grammy
Posted on June 7, 2011 at 12:07am@ BIGJAYINPA who posted “Obama Economic Expert” That is as big an oxymoron as “an intelligent ENCINOM comment”. Just ain’t gonna be possible.
A big amen on that! Here’s another one: Congressional ethics. (See the Weiner story, in which Encinom was using his a$$ for a hat or some dam*ed thing.)
Report Post »the hawk
Posted on June 7, 2011 at 1:28amRESTORED ONE
Report Post »fOR a liberitian , TEA party, constational, blog, there seems to be alot of airistacrates
hanging out here! Maybe i only have one eye and 4 fingers, or maybe I just cant spell well ?
What I cant play? take ah zanex r sompin !
rediscovered heritage
Posted on June 7, 2011 at 2:28amBush derangement syndrome still? When does it stop being W’s fault? 10 years? 20 years? When will you libs realize that during the 8 years of the Bush presidency, democrats held the senate for 5 years, the house for 2…And had a super majority from 2006 to 2010. Bad policy came from both sides you partisan idiot.
Report Post »paperpushermj
Posted on June 7, 2011 at 2:59amUniversity of Chicago Graduate School of Business.
Report Post ».Those who can do…..Those that can’t Teach
Go back to your Classroom and Teach Theory About Economics that in a people free World this is how it is supposed to Work.
kaydeebeau
Posted on June 7, 2011 at 9:51am@ ENCIINOM
FYI – Bush hasn’t been in office for going on 3 years now……
Report Post »TomFerrari
Posted on June 7, 2011 at 10:15amJump ship or get thrown under the bus? Seems like a LOT of turnove goin on in/around the WH.
Report Post »jackrorabbit
Posted on June 7, 2011 at 10:33amThis actually scares me. When an economist leaves to teach(take a pay cut) there is little reason, unless they know that they wont be able to spin what is coming in the near future. Economics and weather are the two jobs that you get paid, and it doesn’t matter if you are wrong. So, I fear that we are sitting on something that is ready to explode. Get your food and water set up and fast. I give it six to nine months at the most, before things start to crumble.
Report Post »SonOfaCommunist
Posted on June 8, 2011 at 12:26amTurnover rate in this Administration is “extraordinary” as the POTUS would say.
This guy couldn’t add 1+1 if his teaching job depended on it….oh never mind he’s Union :-(
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