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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
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To: TSgt

Not Ghoulsbee! As Dick Enberg might say, “Oh MY!” lol Bob


61 posted on 06/06/2011 9:50:35 PM PDT by alstewartfan (When you're fresh out of lawyers, you don't know how good it's gonna feel! Al Stewart)
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To: TSgt

Austan Bumpintheroad


62 posted on 06/06/2011 9:57:32 PM PDT by headstamp 2 (We live two lives, the life we learn and the life we live with after that.)
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To: TSgt

That as got to be one of the stupidest names I’ve ever come across. What a pompous bozo!


63 posted on 06/06/2011 10:26:20 PM PDT by April Lexington (Study the Constitution so you know what they are taking away!)
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To: TSgt
Considering his effluents on the economy, he should change his name to Ghoulsbe.
64 posted on 06/06/2011 10:42:25 PM PDT by Carry_Okie (Grovelnator Schwarzenkaiser, fashionable fascism one charade at a time.)
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To: nascarnation

What no love for the Washington Redskins? Only fair because there in the same town.


65 posted on 06/06/2011 10:48:54 PM PDT by jarofants
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To: Rome2000

There are still impressionable youngsters for him to screw up.


66 posted on 06/06/2011 11:07:31 PM PDT by Eleutheria5 (End the occupation. Annex today.)
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To: spokeshave

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.


67 posted on 06/06/2011 11:54:38 PM PDT by conservativebuckeye
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To: zzeeman; TSgt; FatherofFive; Iron Munro; The Good Doctor; Rennes Templar
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.

Obama starring in The Sorcerer's Apprentive 2


68 posted on 06/07/2011 1:09:49 AM PDT by ding_dong_daddy_from_dumas (Budget sins can be fixed. Amnesty is irreversible.)
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To: Common Sense 101
Absolutely unfriggin’ believable... this pencil-necked, libtard, a$$wip actually taught ECONOMICS?! AT THE UNIVERSITY OF CHICAGO?!

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?


69 posted on 06/07/2011 1:15:24 AM PDT by ding_dong_daddy_from_dumas (Budget sins can be fixed. Amnesty is irreversible.)
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To: Friendofgeorge
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?


70 posted on 06/07/2011 1:19:05 AM PDT by ding_dong_daddy_from_dumas (Budget sins can be fixed. Amnesty is irreversible.)
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To: TSgt

...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.


71 posted on 06/07/2011 3:07:08 AM PDT by Doogle ((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: ding_dong_daddy_from_dumas

Say it... SAY IT!


72 posted on 06/07/2011 4:36:13 AM PDT by Common Sense 101
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To: Rennes Templar
The only reason his numbers are still high...

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.

73 posted on 06/07/2011 5:54:26 AM PDT by zzeeman ("We can evade reality, but we cannot evade the consequences of evading reality.")
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To: ding_dong_daddy_from_dumas

EXCELLENT LOL :)

You know, they even look alike a bit.


74 posted on 06/07/2011 7:51:01 AM PDT by Friendofgeorge (SARAH PALIN 2012 OR BUST, SARAH PALIN BEAUTIFUL INSIDE AND OUT, ALSO APPLE OF THE LORD`s EYE)
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To: zzeeman

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


75 posted on 06/07/2011 8:02:37 AM PDT by Friendofgeorge (SARAH PALIN 2012 OR BUST, SARAH PALIN BEAUTIFUL INSIDE AND OUT, ALSO APPLE OF THE LORD`s EYE)
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To: TSgt

Those who can’t do, teach! *SMIRK*


76 posted on 06/07/2011 8:28:14 AM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: Friendofgeorge
I agree wholeheartedly. I never really looked too deeply into it but it seems that at some point in time (probably decades ago), someone realized how "polls" could be used to manipulate public opinion and since that time more and more are used exactly for that purpose. I've also noticed that we are now bombarded with polls constantly, and there are polls about every possible issue imaginable.

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!

77 posted on 06/07/2011 9:15:27 AM PDT by zzeeman ("We can evade reality, but we cannot evade the consequences of evading reality.")
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To: spokeshave
Yeah....and those that can't teach.....administrate.

Those who can't administrate go to congress.

78 posted on 06/07/2011 10:30:40 AM PDT by Drill Thrawl (Are you prepared?)
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To: TSgt

“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.


79 posted on 06/07/2011 11:21:26 AM PDT by cherokee1 (skip the names---just kick the buttz)
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To: Friendofgeorge

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.


80 posted on 06/07/2011 11:33:46 AM PDT by cherokee1 (skip the names---just kick the buttz)
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