Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty
 

Obama Adviser Leaves Post Amid Downturn

June 9, 2011 by  

A top Obama economic adviser has left his post.As the economy remains stagnant under the watch of President Barack Obama, one of the President’s top economic advisers has decided to retreat into academia.

Austan Goolsbee stepped down as the Chairman of the President’s Council of Economic Advisers after spending less than a year in the position, reports The Associated Press. He will reportedly return to his teaching role at the University of Chicago Graduate School of Business.

“Since I first ran for the U.S. Senate, Austan has been a close friend and one of my most trusted advisers,” Obama said in a statement.

Fox News reports that Goolsbee’s departure could indicate that Obama is ready to try another approach to solving the country’s economic woes, as citizens grow angry at rising gas prices and little job growth.

According to the Labor Department, the unemployment rate increased to 9.1 percent in May.

“Our economy is not creating enough jobs, and Democrats’ binge of taxing, spending, borrowing and over-regulating is a big part of the reason why,” House Speaker John Boehner (R-Ohio) said.

Special To Personal Liberty

You Sound Off! is written by our readers and appears the last Wednesday of each month. If you would like to submit an article or letter to the editor for consideration for You Sound Off!, send it to yousoundoff@personalliberty.com by the Friday before the last Wednesday of the month. To be considered, a submission should be 750 words or less and must include the writer's name, address and a telephone number. Only the writer's name will be published. Anonymous submissions will not be considered.

Facebook Conversations

Join the Discussion:
View Comments to “Obama Adviser Leaves Post Amid Downturn”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at newstips@personalliberty.com

Bottom
close[X]

Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to PersonalLiberty.com,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.