Austan Goolsbee

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Obama. Slogan. Infuriating. Grammar. Dorks.

Is that period effective—or even correct?

(Newser) - President Obama's re-election campaign slogan isn't just "Forward"—it's "Forward." And that little period is causing quite a bit of controversy, the Wall Street Journal reports. First of all, there's the question of whether the period takes away from the slogan's... More »

Dean: What's the Tea Party Smoking?

GOP blames Obama, Dems blame Tea Party for S&P downgrade

(Newser) - If nothing else, the S&P downgrade made for a lively August Sunday on the talk show circuit, with anyone who is anyone booking an appearance to sling some blame for the US' brand new AA+ rating . The Democrats pointed directly at the Tea Party and its refusal to raise... More »

Austan Goolsbee to Leave White House

Economic guru returning to teach at University of Chicago

(Newser) - Another one bites the dust: Austan Goolsby, President Obama's Council of Economic Advisers chairman, is heading off into the sunset to return to his job as a professor of economics at the University of Chicago. He's been on leave for four years to serve Obama, Politico notes, and... More »

Stewart Mocks Biden's 'Summer of Recovery'

'Summer of bedbugs' might have been more accurate

(Newser) - America had a summer of bedbugs and mosque controversy instead of the "summer of recovery" Joe Biden promised, complains Jon Stewart. The Daily Show host, pointing to dismal jobs numbers and the sagging stock market, says "summer of recovery" is about as accurate as calling last summer the... More »

Obama's New Economic Adviser: Austan Goolsbee

'Inner circle' member will replace Christina Romer

(Newser) - Austan Goolsbee will succeed Christina Romer as the chair of President Obama's Council of Economic Advisers. The president made the announcement today at the beginning of his press conference on the economy; administration sources leaked Goolsbee's name last night. Goolsbee, 41, is a University of Chicago economist and member of... More »

Top Obama Birthday Gifts

(Newser) - President Obama’s birthday is right around the corner—no matter where Lou Dobbs thinks he was born—but what do you get the leader of the free world? Politico asked various Washingtonians their thoughts for Tuesday's big occasion. Some notable responses:
  • Joe Biden: “It’s a surprise!”
... More »

Obama Advisers Please the Right, But Not Much

Two 'pro-free-trade' centrists guide him, up to a point

(Newser) - If Barack Obama takes office, conservatives can take a small measure of comfort knowing that  two of his top economic advisers have generated angst on the left for being "centrist, pro-free-traders," writes Cesar Conda in the Weekly Standard. Austan Goolsbee and Jason Furman—the latter a Wal-Mart defender—... More »

Obama Brain Trust's Key 'Ism' Is Pragmatism

Team of behavioral economists bucks convention, ideology

(Newser) - Barack Obama’s brain trust leans heavily on behavioral economics, the New Republic reports, with academics who start small in their analyses—looking at everyday anomalies—and are relatively ideology-free pragmatists. From his top economic adviser to his health-care and Social Security aides, Obama is surrounded not by "big-think... More »

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