Goolsbee bails out

Obama Economics Advisor Austan Goolsbee Jumping Ship, White House Seeks Another ‘Academic’ to Replace Him

The top economics advisor to President Obama is jumping ship. He hasn’t been in the position very long, and obviously was an utter failure at his job. According the NYT’s The Caucus blog, Goolsbee is going back to world of academia, and the White House is searching for another academic to come down from the ivory tower.

With the recovery flagging, the White House is eager to name a successor to Mr. Goolsbee this summer and is considering several academic economists, an administration official said on Monday. The job requires Senate confirmation.

Oh yes, by all means, find another academic with little or no real world business experience to advise the president on the economy. That’s just been working so well for us.

Heckuva job, Goolsbee! (I wonder if he will forget to put "top economics advisor to President Obama" on his curriculum vita. Maybe the less said about that, the better.)

Question is, what economist of any stature wants to work under President Obysmal and be forever identified with his failed, incompetent administration? You have to wonder about anybody who'd be willing to step into that position, to tee himself up to be thrown under Obie's campaign bus as a scapegoat.

Byron