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Top Obama Economic Adviser Goolsbee to Quit ...

Eighty Deuce

Eighty Deuce

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First Romer hardly six months ago. Now, the "new guy".

WASHINGTON -- Key White House economics adviser Austan D. Goolsbee will resign from his role as chairman of the president's Council of Economic Advisers, it was announced Monday.

A statement from the White House said Goolsbee will return to his position as an economics professor at the University of Chicago Graduate School of Business in the fall term.

"Prior to his time in the Obama Administration, he was a professor at the University of Chicago for fourteen years," the statement said.

President Obama described Goolsbee as "one of America's great economic thinkers."

Read more: Top Obama Economic Adviser Goolsbee to Quit to Return to Professor Position - FoxNews.com
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Obama's economics are a complete disaster. Even his own folks know it. Never seen rats jump ship this fast.
 
82!

I do believe Goolsbree was a staunch supporter of the Obama Stimulus plan. With unemployment hovering above 9%, food prices skyrocketing, foreclosures continuing unabated and gasoline heading toward $4.50 a gallon.....is it any wonder why he'd take his chances jumping over board with a life jacket instead of staying on deck of the SS Barack Titanic?
 
Prof. Peabody said:
82!

I do believe Goolsbree was a staunch supporter of the Obama Stimulus plan. With unemployment hovering above 9%, food prices skyrocketing, foreclosures continuing unabated and gasoline heading toward $4.50 a gallon.....is it any wonder why he'd take his chances jumping over board with a life jacket instead of staying on deck of the SS Barack Titanic?
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Hey Peabody ! What struck me is that they started pushing Goolsbee more into the spotlight about 6-8 weeks ago. I remember him doing both Fox with Chris Wallace and Meet The Press on the same Sunday, or consecutive Sundays. While I think he had a tough outing in front of a Congressional Committee a few months back, he seemed competent in the interviews that I saw.

But he has now said "enough of this". I believe he knows that Plan A did not work ..... and that we are now really screwed.
 
hazlnut said:
..... Does it make you feel good to call a Professor of Economics at the University of Chicago a "rat"?
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Once one gets over calling the Community Organizer from Chicago the biggest sack of crap ever to occupy the WH, .......... its a piece of cake :)
 
hazlnut said:
Nothing in your article indicates that.




Or that.




Does it make you feel good to call a Professor of Economics at the University of Chicago a "rat"?
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We knew that long before this article was written. :lamo
 
how embarrassing

goolsbee, who once won a contest for washington's funniest man, is the guy the white house trotted out JUST LAST WEEKEND on the sunday circuit to try to come up with some kinda answer to the woeful may jobs report which has gone a long way towards PSYCHOLOGIZING this entire depressing economy

and now, 2 days later, the chairman of the council of economic advisers is OUT

orszag, summers, romer...

the security team---mcchrystal, blair, jones...

do you recall mcchrystal's exit, orszag's nyt op ed?

meanwhile, on the very friday that the world learned the us economy added, after all we've been thru, a miserable 54000 jobs in may, while barack the slasher attempted a rather hollow victory lap in ohio, all about cars, he failed to MENTION that day's unemployment report

Obama ignores jobs report | POLITICO 44

did you see, by the way, that wapo's factchecker today gave obama 3 pinochios for his "misrepresentations" concerning this rescue of the auto industry

President Obama's phony accounting on the auto industry bailout - The Fact Checker - The Washington Post

politico reported yesterday that obama "finally" addressed the new unemployment figure in an interview with a cleveland radio station: "we don’t know yet what happened in terms of this particular blip"

Obama talks autos, Afghanistan | POLITICO 44

in a white house press conference this afternoon he said he's "not concerned about a double-dip recession” and that he doesn’t yet know whether friday’s bleak report “is a one-month episode or a longer trend”

Obama: No worries of a 'double-dip' | POLITICO 44

are you sure this guy knows what he's doing?
 
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There's about a trillion dollars in private holdings right now. What creates jobs again?
 
xpiher said:
There's about a trillion dollars in private holdings right now. What creates jobs again?
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Demand. Predictability. A President who is not a jackass.

Its pretty simple.
 
sawyerloggingon said:
Scary part is, after this guy helps destroy US economy he lands a job in a university to teach our kids economics.
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That is where he was before. And to be honest, I do not think he bought into all of Obama's crap. He could no longer toe the line, so he is quitting.

Like I said, a "rat jumping the ship". Figure of speech for the libs with panties all in a wedgie.
 
sawyerloggingon said:
Scary part is, after this guy helps destroy US economy he lands a job in a university to teach our kids economics.
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So wait, is that actually what you sincerely think happened or are you just saying things
 
sawyerloggingon said:
Scary part is, after this guy helps destroy US economy he lands a job in a university to teach our kids economics.
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Obama didn't destroy the economy. Go study some economics.

Eighty Deuce said:
Demand. Predictability. A President who is not a jackass.

Its pretty simple.
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Presidents cannot create or destroy private sector jobs.

Edit

If tax cuts create jobs because they put money back into people's hands, than so should stimulus spending since the end result is the same.
 
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Eighty Deuce said:
First Romer hardly six months ago. Now, the "new guy".



Obama's economics are a complete disaster. Even his own folks know it. Never seen rats jump ship this fast.
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He's leaving because he doesn't want to lose tenure.





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.


Read more: Austan Goolsbee to leave White House - Mike Allen - POLITICO.com
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xpiher said:
Obama didn't destroy the economy. Go study some economics.
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He has made more progress to that end in less than three years than any 10 presidents combined. Maybe 12.

"Go study .." .... blah ... blah ... blah
 
Eighty Deuce said:
He has made more progress to that end in less than three years than any 10 presidents combined. Maybe 12.

"Go study .." .... blah ... blah ... blah
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You have no idea. Let me guess, you think tax cuts are a panacea and Bush did nothing to destroy the economy. What about the FED? How about consolidation? Finical sector?
 
pbrauer said:
He's leaving because he doesn't want to lose tenure.
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For as we know, being the lead economic advisor to the President of the US doesn't count for ****. :roll:
 
pbrauer said:
Corrected.
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Give your "correction" a look. You ****ed it up :)

Here's an added hint for the libruls. If you are President, and assembling your Cabinet and top Advisors, don't pick folks who are going to use the "I'm going to lose tenure" excuse to bail on you after a few months of being in the spotlight. Makes one look inept as President, and Lord knows, we can't have that. :roll:
 
sawyerloggingon said:
Obama didn't destroy the economy. Go study some economics.
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The economy tanked because of policies implemented in the 80s, speed up in the 90s, expanded in 2000-2004ish and then came crashing down during the economic collapse.

It wasn't 1 party, it wasn't 1 sector of society. It was endemic






Obama destroyed economy with the help of his dem legions by putting us in debt up to our eyeballs.[/QUOTE]
 
xpiher said:
Obama didn't destroy the economy. Go study some economics.



Presidents cannot create or destroy private sector jobs.

Edit

If tax cuts create jobs because they put money back into people's hands, than so should stimulus spending since the end result is the same.
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Welcome to jump in any time.
http://www.debatepolitics.com/gener...nt-announces-job-cuts-and-rate-increases.html

Because evidence of regulation causing plant closures isnt due to Presidential policy right?
 
OpportunityCost said:
Welcome to jump in any time.
http://www.debatepolitics.com/gener...nt-announces-job-cuts-and-rate-increases.html

Because evidence of regulation causing plant closures isnt due to Presidential policy right?
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Why are they cutting jobs instead of cutting into their profit margins or cutting pay to their executives? Lets assume that those 600 jobs are paid 40k/year and that the CEO makes 100million. The CEO could take 25million dollar pay cut to finance those 600 jobs. Yes, all these numbers were pulled out of my ass to make the point, but the point is valid.
 
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