Obama losing chief economic adviser
June 6th, 2011
08:37 PM ET
4 years ago

Obama losing chief economic adviser

(CNN)–The White House is losing one of its most public faces when it comes to issues related to the economy. Dr. Austan Goolsbee, Chairman of the President’s Council of Economic Advisers, announced he is returning to teaching at the University of Chicago later this summer.

Goolsbee has served as President Obama's economic adviser since the presidential campaign and has become the White House's point man to explain the administration's interpretation of economic reports to the American public.

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Filed under: Austan Goolsbee • Economy
soundoff (6 Responses)
  1. itstheeconomy

    first! is this good news or bad news?

    June 6, 2011 09:51 pm at 9:51 pm |
  2. Four and The Door

    Being a chief economic advisor to Obama must be a frustrating job. Sooner or later though, he will find one who agrees that big government is good economic policy. Okay, maybe not.

    June 6, 2011 10:44 pm at 10:44 pm |
  3. Bob Dobbs

    Guess he thinks more people will believe his propaganda at the university. It must be tough to try to convince people living in the real world how prosperious his policies are making people when they are unemployed and have real responsibilities. College kids love to be indoctrined with garbage.

    June 7, 2011 03:34 am at 3:34 am |
  4. blucorsair

    Watching the most expensive president in U.S. history lose another rat who is jumping ship has been comical! ...Unfortunately, americans are paying for Obama's ineptness economically!

    June 7, 2011 03:55 am at 3:55 am |
  5. Frank - Ohio

    We should all thank God he is leaving! Obama clearly needs better advise on the economy.

    June 7, 2011 07:53 am at 7:53 am |
  6. diridi

    Jobs need to come back, from India, and China....o.k, Economy is in good shape, and So is GDP at precession levels. It is not the time to cut spending. GOP wants to cut Medicare, and Social Security. o.k, Paul Ryan is an idiot. We need spending now. Focus on Manufacturing, Re-training, Agriculture, Energy, We need Green Jobs....Green Energy;, and Energy conservation. These need spending. Don't buy Made In China goods from Walmart and others....stop them. Banks need to be less greedy. They are charging outrageous on interest rates.....o.k, As long as Greed subsides, no one benefits, call an electrician or plumber, whether he fixes or not he charges 45/ dollars, for nothing. This is greed. we need to stop....good luck, America, god bless...

    June 7, 2011 08:11 am at 8:11 am |