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Dennis Donovan Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-06-11 08:54 PM
Original message
Austan Goolsbee Resigning per Rachel Maddow...
Edited on Mon Jun-06-11 08:58 PM by Dennis Donovan
http://www.msnbc.msn.com/id/43303363/ns/business-stocks_and_economy/

Austan Goolsbee, a longtime adviser to President Barack Obama, will resign his post as the chairman of the Council of Economic Advisers this summer to return to teaching at the University of Chicago Graduate School of Business, the White House announced Monday.

Obama called him "one of America's great economic thinkers."

Goolsbee has been the face of the White House on economic news, and is a regular every first Friday of the month explaining the administration's take on the latest jobless numbers.

He brought a mix of levity and a teacher's sensibility to the job, using the White House blog, Facebook or YouTube to illustrate tax cuts, trade, or the auto industry resurgence on a dry-erase board with a dry wit and a gravel voice. He has been at Obama's side for years. He advised Obama during his 2004 Senate race and was senior economic policy adviser during the 2008 presidential campaign and has served on the three-member economic council since the start of the administration.
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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-06-11 08:56 PM
Response to Original message
1. Sadly he'll likely be replaced with someone even further to the right
:scared:
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Ohio Joe Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-06-11 08:59 PM
Response to Reply #1
3. Goolsbee is to the right?
I'll grant I've only seen him talk on TV two or three times but I don't recall him ever saying anything that led me to believe he was anything other then left.
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UrbScotty Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-06-11 08:56 PM
Response to Original message
2. Link here
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Dennis Donovan Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-06-11 08:59 PM
Response to Reply #2
4. Thanks! Updated the OP...
:hi:
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SteveG Donating Member (833 posts) Send PM | Profile | Ignore Mon Jun-06-11 09:22 PM
Response to Original message
5. If he wants to keep his full Professorship
he needs to resign. Most Universities will allow a Full Professor to do Government Service for a set period, but if they want to keep their job with the University, they have to return before a set date. I expect he will still be an informal advisor to the President.
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Rhiannon12866 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-06-11 09:39 PM
Response to Original message
6. Sorry to hear that. Turnover is not a good thing, all at once, and Gates is leaving, too...
:(
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