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 universitys 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 Obamas 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 Houses 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 Americas great economic thinkers.
Goolsbees departure once again puts the presidents 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 Bidens 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.
Not Ghoulsbee! As Dick Enberg might say, “Oh MY!” lol Bob
Austan Bumpintheroad
That as got to be one of the stupidest names I’ve ever come across. What a pompous bozo!
What no love for the Washington Redskins? Only fair because there in the same town.
There are still impressionable youngsters for him to screw up.
Boy is that the truth. That’s the one potential flaw in merit pay. It would give way too much power to administrators who on average were mediocre at best as teachers.
Obama starring in The Sorcerer's Apprentive 2
Dr. Phillip Barbay: ...now, not withstanding Mr. Mellon's input. The next question for us is where to build our factory?
Thornton Melon: how 'bout fantasyland?
Thornton Melon: how 'bout fantasyland?
...he leaves hoping he can get a gig where he doesn’t have to lie and has less responsibility. He knows Dumbo would throw him under the bus if needed to carry on the glorification of his legacy.
Say it... SAY IT!
I am beginning to doubt the "accuracy" of these polls more and more, I suspect that they have found the right formula to get the results that they want and just keep pumping out the same disinformation each week to demoralize the rest of the country.
EXCELLENT LOL :)
You know, they even look alike a bit.
IMHO and I have held this for years now, the “science” of political polling is long dead!
All they do is manufacture opinion, and I do not care if it`s Fox or Rasmussen or whatever, they are all garbage.
Newsweek I guess is the worst of them all, but really not much better than Fox and Ras, Fox is done by a liberal outfit of Manchester.
Sometimes I really think the conversation in the “news room” goes something like this.....
“Hey Charley, I am done with my Sarah Palin hit piece, what drawer are the Palin polls in? There`s one in particular that I am looking for, that would be perfect for my article.”
For the record... I have held this view before I even heard of Sarah Palin.
I am talking pre 2000 that the science of polling is dead
Those who can’t do, teach! *SMIRK*
I realize that I was a lot younger then, and most likely a lot less aware of things, but my memory in the 1960s is that there was maybe a few polls on a Presidential election, maybe one or two within the last month or so. Like I said, there may have been more than that and I don't remember them, but I know for sure that there wasn't anything like what we are bombarded with now, daily polls about elections more than a year away. It has to be crystal clear to anyone with more than a few brain cells left that the whole purpose of this constant "polling" is to manipulate public opinion. Just look at how much we are being told about the "front-runner" in the Republican race when the first primaries and caucuses are months away, and the field hasn't even been filled in yet!
Those who can't administrate go to congress.
“Funniest Celebrity”? Yeah,his stuff is a real riot (snark). I guess his sense of patriotism to serve and solve was overcome by his craving for tenure and campus love. I’m guessing he wasn’t getting any big bucks offers for his services after white hut life.
Not sure if he’s old enough but I always thot Joe Coolsbee had to be the inspiration for the econogeek in The Back to School movie——One of my all time favorites. It’s just so flaming funny how Coolsbee’s krap matches the movie guy’s.
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