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Obama’s Top Economic Adviser Leaves

June 8, 2011 by  

Obama’s Top Economic Adviser Leaves

The Chairman of the White House Council of Economic Advisers, Austan D. Goolsbee, will leave his post this summer. Goolsbee plans to return to his position as a Professor of Economics at the University of Chicago Graduate School of Business.

“Working each day on behalf of the American people has been a rare privilege, particularly at such a historic time. 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 in a White House press release.

Goolsbee, whom President Barack Obama described as “one of America’s great economic thinkers,” worked closely with the President for several years, beginning as an advisor during Obama’s first Senate race.

FoxNews.com reported that Goolsbee’s “university biography once described him as ‘insanely committed to his work,’ noting that Goolsbee was seen in the classroom, wearing a tuxedo, on the day of his wedding.”

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  • Michael J.

    The old cliche, “Rats leaving a sinking ship” seems to fit here.

    http://www.freerepublic.com/focus/f-news/2730939/posts

    • Disgusted

      That is the first thing that popped into my mind. I can’t imagine him teaching economics! No wonder our nation is in such trouble, he has been teaching our college students the same economics being practiced in the white house.

      • Michael J.

        Disgusted;
        Just another failed attempt at Kenesian Economics. As soon as Goolsbee saw the hand writing on the wall, he headed for the hills.

        Goolsbee’s departure is an admission of failure. If his efforts had been sucessful, he would have hung around to bask in the glory.

        • Bus

          Not to defend him, because the way they have run the economy is abismul, but many of these appointees are in it only for one or two years because of their contracts at their schools. So it may not be such a big deal.

    • wandamurline

      This guy doesn’t need to be teaching economics, he needs to be taking classes. He sure as hell has not helped our economical meltdown, and printing more money is not going to help either. Sooner or later, America is going to sink into a depression…it is inevitable and that is when we will start to regain what we have lost to this administration…people will revolt to have jobs, etc. and it will come in the form of defunding the EPA and all the restrictions they put on businesses in America. If we don’t stop regulating the very toilet paper we use in this country, businesses will continue to move out of America. This is why we are broke, along with the devaluation of the dollar…it is worth 79 cents now instead of 100 cents. It is time to wake up and stop what this administration is doing. Go green in 2012…recycle congress.

      • Michael J.

        wandamurline,
        The criteria was met a little over a week ago to officialy label our economic status as a double-dip recession sliding head-long into a full blown depression.

        Another thing that I think has changed is that among the entitlment class, government workers, union workers and teachers, is that everything has been business as usual until recently. But now that inflation has reared it’s ugly head, it’s starting to take a bite out of their paychecks as well, which is liable to cause them to re-think their view of their glorious messiah. (his useful idiots may awaken from their wet-dream slumber party)

    • Ellen

      I wonder why he is proud of the years he has spent working for the president. Is this something new? Are we supposed to be proud of failure?

      • slapjack

        GOOD One Helen !!!!!!

      • Dan az

        His job is done he managed to teach obumer how to balance his check book.And to think he will return to teach classes how he single handedly solved our crises.And gets paid to boot!Ain’t America great?

      • http://skipandgeorgia.com skip

        I gess it don’t take a smart person to fail.Like obama he never run a business made payroll or had people working for him.Why is it that when people can’t hold a job or fix anything they run back to school to teach they should go to learn. But thats not what our schools teach any more it’s how to destory people and countrys. It’s time to start over again clean out the hill.

    • Warrior

      Maybe he can take the Oscar Meyer troll with him.

      • Dan az

        :)

  • Tony

    It doesn’t seem this guy should go back to teaching with the mess that has been created. This now bigger than ever debt was suppose to fix things by now, reports of things getting better, then things being worse. This pulling back and forth really has been frustrating. I think more for those who have lost their families and their homes to the economic crisis. Fixing things with more debt doesn’t seem to be an answer to anything. Though I have to wonder why this guy is really leaving. Is he being forced to leave or does he seem some bigger mess that is coming and doesn’t want to be a part of it. That makes me worried for the American people.

  • http://yahoo Ruth

    Just another dirtbag in the white house leaving to teach YOUR young kids the Obama Doctrine! We need to demand the removal of Cass Sunstein and his marxist wife, Samantha Powers!

  • Raggs

    The song by the Steve Miller band “Take the money and run” sums it up.

    • http://?? Joe H.

      Raggs,
      don’t forget Obummers theme song!! “Don’t Worry, Be Happy!”

  • Dad

    Well, this $hit-bird was a miserable failure. He should slink back to academia… he can’t make it in the real world.

  • Robin from Arcadia, IN

    Doesn’t it seem like there has been many ‘jump ship’ from this administration?

  • Bob Marshall

    I hope this turns out to be a rat leaving a sinking ship.

    • Dan az

      Bob and not that they have already ran out of other peoples money.Scary thought!

  • Cawmun Cents

    “meet the new boss,same as the old boss.”-Pete Townshend

  • Dan az

    I would guess that teaching socialism to our young would be allot easier than trying to prove it works in the real world.So who’s next?Lennon?or a new czar?

  • http://YAHOO.COM B.FRANKLIN

    NOW IF ONLY OBAMA WOULD LEAVE!!!

    • Raggs

      Yeah sure… just like van jones did huh?
      The idiot in cheif has too much power and MY money now, he plans on skrewing us up until the day he dies.

  • Ridge Runner

    If you think it is bad now just wait until these damn degenerates have our country bankrupt and these air holes don’t have any thing to give these air holes that have been electing these thiving air holes you haven’t seen nothing yet.Most people don’t know and never thought what was meant by the words of civilzation being a thin veineer.When these people get hungry you will see what a bunch of useless eaters can turn into, a raging murderous mob.An other thought if you are to try to fight these gangsters that trying to take over the world it ain’t going to be easy because there is already over 800 fema(consentration)camps built and staffed with guards and razor wire.

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