Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Austan Goolsbee to leave White House (Abandon Ship!)
Politico ^ | 6/6/11 7:26 PM ED | MIKE ALLEN

Posted on 06/06/2011 5:47:12 PM PDT by TSgt

Austan Goolsbee, chairman of the White House Council of Economic Advisers, plans to return to teaching economics at the University of Chicago this fall, the White House announced Monday night.

Goolsbee has been on leave for four years from the university’s Booth School of Business and could have lost his tenured position at Chicago, where he was a professor for 14 years before joining the administration, if he did not return, an official said.

Goolsbee, one of Obama’s longest serving aides, was an economic adviser on the 2004 Senate campaign, and the senior economic adviser on the 2008 presidential campaign.He was appointed to the Council of Economic Advisers when Obama became president, and was made chairman when Christina Romer resigned last September to return to the University of California at Berkeley.

“Since I first ran for the U.S. Senate, Austan has been a close friend and one of my most trusted advisers,” President Barack Obama said in the White House’s announcement. “Over the past several years, he has helped steer our country out of the worst economic crisis since the Great Depression, and although there is still much work ahead, his insights and counsel have helped lead us toward an economy that is growing and creating millions of jobs. He is one of America’s great economic thinkers.”

Goolsbee’s departure once again puts the president’s economic team in flux. National Economic Council chairman Larry Summers left the administration at the beginning of the year, replaced by Gene Sperling, who served in that job under President Bill Clinton. Jared Bernstein, Vice President Biden’s chief economic adviser, left last month.

Treasury Secretary Tim Geithner is the only senior official remaining from the economic team that inherited a financial crisis and recession when Obama took office.

In the past few months, Goolsbee has been one of the few White House officials who has felt comfortable discussing economic issues on television. Colleagues say he lightens up the West Wing, and he made his mark on social D.C. when he won a “Funniest Celebrity in Washington” contest.

“While I am looking forward to returning home to Chicago, I will always be proud of the years I have spent working for this President,” Goolsbee said. “I believe that his judgment, his courage in confronting the worst economic crisis of our lifetimes, and his commitment to the American people have made a tremendous difference for the nation.”

Bloomberg News first reported that Goolsbee was considering returning to Chicago.


TOPICS: Breaking News; Business/Economy
KEYWORDS: back2coeds4jollies; bho44; bhoeconomy; deckchairs; epicfailure; goolsbee; leadfromtheass; ontherighttrack; ratsjumpingship; recoverysummer2; resignation; spend2grow; titanic; tittergate
Navigation: use the links below to view more comments.
first 1-5051-94 next last
Abandon ship!
1 posted on 06/06/2011 5:47:14 PM PDT by TSgt
[ Post Reply | Private Reply | View Replies]

To: TSgt

2 posted on 06/06/2011 5:48:45 PM PDT by TSgt ("Some folks just need killin'" - Karl Childers (Sling Blade 1996))
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt

“chairman of the White House Council of Economic Advisers”

He probably cannot screw his next gig up as badly as he did this one.


3 posted on 06/06/2011 5:49:37 PM PDT by jospehm20
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt
Degenerate useless bastard screwed up the real world and returns to academia.

Die screaming fool.

4 posted on 06/06/2011 5:50:10 PM PDT by Rome2000 (OBAMA IS A COMMUNIST CRYPTO-MUSLIM)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt

what’s the old saying... those who can’t do, teach?


5 posted on 06/06/2011 5:50:55 PM PDT by TexasFreeper2009 (Obama = Epic Fail)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt

This Ghoulsbee or Foolsbee character is doing such a splendid job at fixing the economy, he will be sorely missed I’m sure.


6 posted on 06/06/2011 5:51:27 PM PDT by decisis
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt

I predicted this on FR 2 weeks ago, although I thought it would be early 2012.

Following in the footsteps of Christina Romer and Jared Bernstein.

It’s like putting in new head coaches every couple yrs at the Detroit Lions.


7 posted on 06/06/2011 5:53:47 PM PDT by nascarnation
[ Post Reply | Private Reply | To 1 | View Replies]

To: jospehm20

teaching? WTF? he grades students.


8 posted on 06/06/2011 5:54:07 PM PDT by personalaccts (Is George W going to protect the border?)
[ Post Reply | Private Reply | To 3 | View Replies]

To: TSgt

Apparently, his appearances on the weekend shows was more than a bump in the road.


9 posted on 06/06/2011 5:54:57 PM PDT by Bushbacker1 (I miss President Bush greatly! Palin in 2012! 2012 - The End Of An Error! (Oathkeeper))
[ Post Reply | Private Reply | To 1 | View Replies]

To: Bushbacker1

I don’t remember the media making a big deal of Bush inheriting a recession.


10 posted on 06/06/2011 5:56:40 PM PDT by EQAndyBuzz (Sarah Palin - She’s living rent-free inside the MSM’s heads. Credited to Lurk)
[ Post Reply | Private Reply | To 9 | View Replies]

Comment #11 Removed by Moderator

To: TexasFreeper2009
what’s the old saying... those who can’t do, teach?

He is the full saying:

Those who can, do.

Those who can't do, teach.

Those who can't do or teach, work for 0bama.

12 posted on 06/06/2011 6:08:10 PM PDT by FatherofFive (Islam is evil and must be eradicated)
[ Post Reply | Private Reply | To 5 | View Replies]

To: TSgt

He should be able to do a much better job of teaching because he now has real world proof that his ideas not only don’t work, but actually make things worse.


13 posted on 06/06/2011 6:11:25 PM PDT by Iron Munro (The purpose of fighting is to win. There is no possible victory in defense. -- John Steinbeck)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt
"plans to return to teaching economics at the University of Chicago this fall"

It's a cryin' shame. The Chicago School of Economics used to be highly respected. Yeah, it's been a while.

14 posted on 06/06/2011 6:14:50 PM PDT by Mariner (War Criminal #18)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt
Austan Goolsbee, chairman of the White House Council of Economic Advisers, plans to return to teaching economics at the University of Chicago this fall, the White House announced Monday night.

Leaving a position promoting something that doesn't make sense to go back to teaching something that has a chance to make sense.

It didn't take him long to decide did it.

15 posted on 06/06/2011 6:15:17 PM PDT by EGPWS (Trust in God, question everyone else)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt
“Since I first ran for the U.S. Senate, Austan has been a close friend and one of my most trusted advisers,” President Barack Obama said in the White House’s announcement. “Over the past several years, he has helped steer our country out of the worst economic crisis since the Great Depression, and although there is still much work ahead, his insights and counsel have helped lead us toward an economy that is growing and creating millions of jobs. He is one of America’s great economic thinkers.”

“While I am looking forward to returning home to Chicago, I will always be proud of the years I have spent working for this President,” Goolsbee said. “I believe that his judgment, his courage in confronting the worst economic crisis of our lifetimes, and his commitment to the American people have made a tremendous difference for the nation.”

Barf. These BS platitudes are the worst thing to read after eating a nice dinner. These people are simply disgusting.

16 posted on 06/06/2011 6:20:22 PM PDT by zzeeman ("We can evade reality, but we cannot evade the consequences of evading reality.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt
I wonder if he got tired of waking up every morning and shilling for this fraud usurper.....I mean at some point a guy like Goolsbe must know their economic plans are worthless
17 posted on 06/06/2011 6:24:28 PM PDT by Popman (Obama. First Marxist to turn a five year Marxist plan into a 4 year administration.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Rome2000

Pretty much sums it up, thanks.


18 posted on 06/06/2011 6:28:01 PM PDT by onona (I play hockey)
[ Post Reply | Private Reply | To 4 | View Replies]

To: TSgt

I don’t want to say anything good about this guy, but, he, probably told one too many lies and his body reversed his mouth and anus.


19 posted on 06/06/2011 6:28:51 PM PDT by depressed in 06 (I'll follow Allen West out of hell.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt

University of Chicago? The country is run by Chicago thugs.


20 posted on 06/06/2011 6:32:55 PM PDT by ilovesarah2012
[ Post Reply | Private Reply | To 1 | View Replies]

To: zzeeman

“...and his commitment to the American people have made a tremendous difference for the nation.”

We’re different alright. The only reason his numbers are still high is there are still people waiting for him to pay their gas and rent from his stash.


21 posted on 06/06/2011 6:33:57 PM PDT by Rennes Templar
[ Post Reply | Private Reply | To 16 | View Replies]

To: TSgt

Totally unsurprisingly Mr. Goolsbee has no actual business experience. Some very pretty sounding awards (won the debate club for example). No indication that he’s ever actually had to make payroll. Un-@#&$% real.


22 posted on 06/06/2011 6:35:32 PM PDT by The Good Doctor (Democracy is the only system where you can vote for a tax that you can avoid the obligation to pay.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt

didn’t even last a year at this position. I bet he’s been thinking about it, but had to dig deep the past few days to tell the bold faced lies he had to tell about the jobs report.


23 posted on 06/06/2011 6:35:34 PM PDT by ilgipper
[ Post Reply | Private Reply | To 1 | View Replies]

To: nascarnation
It’s like putting in new head coaches every couple yrs at the Detroit Lions.

LOL! As a NFL fanatic... great analogy.
24 posted on 06/06/2011 6:35:50 PM PDT by nhwingut (Palin '12... Accept No Other)
[ Post Reply | Private Reply | To 7 | View Replies]

To: decisis

“his insights and counsel have helped lead us toward an economy that is growing and creating millions of jobs.”

Am I missing something?


25 posted on 06/06/2011 6:36:55 PM PDT by Rennes Templar
[ Post Reply | Private Reply | To 6 | View Replies]

To: EGPWS
Goolsbee is a whore who has performed the requisite sex acts, has received his payment in kind, and gone on to the next John, ie UChicago.
26 posted on 06/06/2011 6:47:17 PM PDT by hinckley buzzard
[ Post Reply | Private Reply | To 15 | View Replies]

To: TSgt
Goolsbee must be tired of being Hussein's whipping boy! Anyone else remember this from last January?

Don't ask me, I just work here (Hussein passes the buck)

27 posted on 06/06/2011 6:50:14 PM PDT by Recovering_Democrat
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt

Do these tenured professors or whatever get paid when they take a 4 year leave? I probably don’t want to know.


28 posted on 06/06/2011 6:54:36 PM PDT by MAKOTHEDOG
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt

He must really be an odd man out at the U of C.


29 posted on 06/06/2011 7:06:51 PM PDT by arrogantsob
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt

He won the “Funniest celebrity in washington” - probably for his work on the economy


30 posted on 06/06/2011 7:06:59 PM PDT by PMAS
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt

Nice...

Help screw everything up and then bolt back to academia, where you can teach young impressionable liberals to continue to screw things up!

Why aren’t these people ridiculed out of existence?


31 posted on 06/06/2011 7:13:38 PM PDT by GatorGirl (Herman Cain 2012)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt

“I dun it like I taught it and dis sh!t don’t wurk. I qwit”.... al goobersbee.


32 posted on 06/06/2011 7:16:23 PM PDT by LibLieSlayer ("If you lie hard enough and sell your soul... you can scam your way to the top" barack obama)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt

“You have failed me for the last time...”

http://www.youtube.com/watch?v=7O1Qd_FNgfM


33 posted on 06/06/2011 7:16:27 PM PDT by Brilliant
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt

None of these so-called economic gurus want to be at the helm when the American economy completes its journey through the death spiral of hyperinflation. Can’t say I blame them.


34 posted on 06/06/2011 7:16:57 PM PDT by GnL
[ Post Reply | Private Reply | To 1 | View Replies]

To: GatorGirl

Would bet that he like others can’t deal with obamas insanity.


35 posted on 06/06/2011 7:17:54 PM PDT by GlockThe Vote (F U B O ! ! !)
[ Post Reply | Private Reply | To 31 | View Replies]

To: Rennes Templar
obama’s popularity is like the rest of the media proclamations... nothing but lies... economy... lies... wot... lies... health care... lies... popularity... ALL lies.

LLS

36 posted on 06/06/2011 7:20:09 PM PDT by LibLieSlayer ("If you lie hard enough and sell your soul... you can scam your way to the top" barack obama)
[ Post Reply | Private Reply | To 21 | View Replies]

To: GnL

Yes, they’ll all be looking for an escape. And I still say it’s possible the demorats will manuver things so they don’t have to take the fall on their watch in this next election...and let the republicans take the fall on their watch. They’ll keep it all alive until then. I don’t trust them a bit to be at all concerned about this nation or it’s people.


37 posted on 06/06/2011 7:26:01 PM PDT by caww
[ Post Reply | Private Reply | To 34 | View Replies]

To: TSgt

Good grief, they’re all going back to Chicago....headquarters for the mob IMO.


38 posted on 06/06/2011 7:28:20 PM PDT by caww
[ Post Reply | Private Reply | To 1 | View Replies]

To: caww

This economic moron, foolsby, needs to be held accountable for screwing the US economy. Remember this worthless anti-free-America loser.


39 posted on 06/06/2011 7:29:58 PM PDT by hal ogen (1st amendment or reeducation camp?)
[ Post Reply | Private Reply | To 37 | View Replies]

To: TSgt

and he teaches in a BUSINESS SCHOOL at the University of Chicago....???? good riddance to trash.


40 posted on 06/06/2011 7:32:19 PM PDT by goodnesswins (...both islam and the democrat plantation thrive on poverty)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt

Absolutely unfriggin’ believable... this pencil-necked, libtard, a$$wip actually taught ECONOMICS?! AT THE UNIVERSITY OF CHICAGO?! Milton Friedman must be spinning in his grave... so much for the “Chicago School of Economics”.


41 posted on 06/06/2011 7:32:57 PM PDT by Common Sense 101
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt

Goolsbee was well above his pay grade. He knows nothing about economics.


42 posted on 06/06/2011 7:33:10 PM PDT by Hoodat (Yet in all these things we are more than conquerors through Him who loved us. - (Rom 8:37))
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt; hal ogen; Brilliant; nascarnation; GatorGirl
Time to resurrect a vanity which puts Obaama's economic "team" (and I use the term loosely, like the Detroit Lions mentioned upthread) in its place:

(Vanity) On Beyond Zillion, by Dr. Sue-us (with a nod to Fredrich Hayek)

Cheers!

43 posted on 06/06/2011 7:34:36 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt

Get a load of Bo’s parting words:

Ob said....

..... has helped steer our country OUT of the worst economic crisis

..... has helped lead us toward an ECONOMY THAT IS GROWING

..... CREATING MILLIONS OF JOBS

Makes you wonder what planet they think they’re on.


44 posted on 06/06/2011 7:41:16 PM PDT by caww
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt

awesome! - he gets to go back and screw up how many kids who think they’re learning something useful?


45 posted on 06/06/2011 7:52:42 PM PDT by Scotswife
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt
"Austan Goolsbee"

Isn't he a villain from Orwell's "1984?"

46 posted on 06/06/2011 7:55:42 PM PDT by Uncle Miltie (0bamas PLAN is national bankruptcy. Our plan is to save Medicare and Social Security with reforms.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt

This guy reminds me of the economics Professor in the movie BACK TO SCHOOL.

Rodney Dangerfield has a lot of fun at the professors expense.


47 posted on 06/06/2011 7:58:58 PM PDT by Friendofgeorge (SARAH PALIN 2012 OR BUST, SARAH PALIN BEAUTIFUL INSIDE AND OUT, ALSO APPLE OF THE LORD`s EYE)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt
Treasury Secretary Tim Geithner is the only senior official remaining from the economic team that inherited a financial crisis and recession created by reckless spending by people who think like they do when Obama took office, and has done sweet f/a to fix the problem due to reliance on discredited economic theories.

Boy, did THAT paragraph need fixin'.

48 posted on 06/06/2011 8:00:04 PM PDT by Colonel_Flagg ("It's hard to take the president seriously." - Jim DeMint)
[ Post Reply | Private Reply | To 1 | View Replies]

To: jospehm20
The only class Goolsbee can teach at this point is How to Destroy the US Economy 101.
49 posted on 06/06/2011 8:01:14 PM PDT by Carling (Obama: Inexperienced and incompetent, yet ego maniacal. God help us all.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: TexasFreeper2009

Go back to teaching what?? 2 plus 2 is 4,000,000,000,000.?? Just what those minds of mush need to bring on another economic crisis. Most can’t balance a checkbook today and the government surely can’t either. We are screwed as a nation.


50 posted on 06/06/2011 8:18:11 PM PDT by Semperfiwife (Thank you veterans for keeping us free. Now we have to free ourselves from Obama tyranny)
[ Post Reply | Private Reply | To 5 | View Replies]


Navigation: use the links below to view more comments.
first 1-5051-94 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson