Don't go cheering the exit of Cristina Romer from the Obama economic adviser's team just quit yet. The new Czar (47th to date but who's counting) Austan Goolsbee has been summoned from..........wait for it.........Chicago land to fill the bill. This man is a great believer in higher taxes for the rich and to my knowledge has never run a company or made a payroll which means he will fit in just fine with the current regime in Washington. Oh did I mention that he just loves making fun of the Republican party and will have no problem finding a new job when this president is voted out and sent back to Chicago.
Mr. Goolsbee, what a comedian................ yuk it up
“When we took office it was an all-star team of economists and we basically knew what to do — panic … Let’s just sort it out and start from the fundamentals – how do we throw money at this problem — And the thing is most of the lessons aren’t recent. It’s been a long, long time since things were this bad. So we kind of had to go back and look at the old textbooks — Karl Marx, Trotsky,” Goolsbee joked.