The White House says Austan Goolsbee, a longtime adviser to President 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.
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.
Goolsbee served on the three-member economic council since the start of the administration. He advised Obama during his 2004 Senate race and was senior economic policy adviser during the 2008 presidential campaign.
He took over last September as council chairman, replacing Christina Romer, who left to return to a teaching position at the University of California, Berkley.
Lessee...(September, Octob..November--counting on fingers...)
Damn, Bubbah! Ten months! That's after Christina Romer went scurrying back to the safety of Academia after her successful turn in the post. Every Friday, as the job numbers came out that screamed THIS SUCKS!!, she'd waddle herself out in front of the cameras and claim that everything was working out just fine and things suck because George Bush and how dare anyone question our wisdom, yadda-yadda-yadda.
Ten months, ya'll. But, given his years of service to Himself, the stain on his reputation will remain with him for a loooong time. That dean's chair may just remain elusively beyond his grip. Forget getting past the university board for that provost job, bubbah, it's gone. Those guys know how to do math, even if you refuse to.
No recession here, move on, nothing to see here...
It will be interesting to see who the next
Anthony Weiner may be looking for work in the next few days, know-whud-I-mean?