Skip to comments.Top White House economist Goolsbee steps down
Posted on 06/06/2011 8:26:17 PM PDT by woofie
WASHINGTON (Reuters) Top White House economist Austan Goolsbee said on Monday he was stepping down, marking the exit of one of President Barack Obama's closest aides at a time when new signs of weakness have emerged in the economy.
Less than a year after he was named chairman of the White House Council of Economic Advisers, Goolsbee plans to return to his teaching job at the University of Chicago, the Obama administration said in a statement. Goolsbee's departure leaves Treasury Secretary Timothy Geithner as the sole remaining senior member of the original economic team. Goolsbee and Obama got to know each other at the University of Chicago, where the president had been a lecturer in constitutional law. Goolsbee advised Obama's campaign for the Senate in 2004 and his 2008 presidential campaign.
Goolsbee has been one of the administration's more visible spokesmen on the economy and lately has emphasized his view that the recovery remains solidly on track, despite a report on Friday showing tepid jobs growth and a rise in the unemployment rate in May to 9.1 percent from 9 percent in April.
(Excerpt) Read more at news.yahoo.com ...
Nothing but a worthless hack!
What's he going to teach? It's obvious free market economics is beyond his comprehension.
“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,” Obama said in a statement.
Never heard of him/it.
If the University of Chicago has any credibility whatsoever, the only way to allow Goolsbee back on campus is as an undergrad studying to get his BA in hopes he might learn something useful.
Another Obama economic advisor failure abandons the sinking ship like any smart rat would.
Should we also say, another proto-marxist heads back to academia to screw up more impressionable minds?
Marxists aren’t born today. They are created.
He was on one of the talk shows yesterday...said the recent economic bad news was due to the Japanese earthquake.
I’m not making this up.
Thank goodness! Goolsby has been lying about the economy for the Obama administration for some time now. I imagine he’s just plumb run out of excuses for the mess and is relieved to make his exit.
Like RATS from a sinking ship.
This idiot teaches?
A college lets him?
I guess standards are way lower than I imagined.
>>Goolsbee and Obama got to know each other at the University of Chicago, where the president had been a lecturer in constitutional law.<<
I don’t know which is worse. The idea that barry the zero, who clearly doesn’t understand the USC lecturing about Constitutional Law or “meeting” an academic, which between them have never even run a lemonade stand or had a paper route, and then making that same academic responsible for economic “advice” (read: free govt. $$$).
Both are examples of just how low America has fallen.
No, but he was.
Hopefully he has Bambi pegged as a “one shot wonder” and is making sure he preserves his bennies at the public trough.
Another “RAT” leaving the sinking ship. Goolsbee does not want to take the rap for Obama!!! He knows the real skinny and does not want to be around to get thrown under the wheels of the Obama bus!!!
now he’s gotta take all that useful “hands on” experience and commence the indoctrination.
What a waste of tuition money!
rat jump sink ship
Typical left wing views on economics. Thought Keyens was god. Tax your way to prosperity type of idiot.
His work at the Whitehouse is finished. Mission accomplished...
As the idiot should, especially after this past weekend of failing to convince many over how the economy sucks! =.=