The Washington Times

Topic - Austan D. Goolsbee

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President-elect Barack Obama leaves a news conference with former Federal Reserve Bank Chairman Paul Volcker (left) and economic adviser Austan Goolsbee (center) in Chicago. Mr. Obama defended his choices as experienced while "fresh thinking."

    EDITORIAL: Obama's cure for malaise: More of the same

    With the nation suffering from high unemployment, tepid growth and low confidence, President Obama on Friday made a bold change - he slightly rearranged his economic team. Austan D. Goolsbee, who has been at Mr. Obama's side since his 2004 Senate campaign, now heads the Council of Economic Advisers. Mr. Goolsbee replaced Christina Romer, who once again is teaching at the University of California at Berkeley.

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Quotations
  • In June 2009, Mr. Goolsbee told Fox News Sunday that "compared to the actual policies that George Bush had in place, what they call the current policy baseline, Obama is cutting the deficit more than $2 trillion over the 10 years compared with what he was inheriting."

    EDITORIAL: Obama's cure for malaise: More of the same →

  • He insisted that the "fee" imposed on those who don't buy health insurance wasn't really a tax because whenever someone without health insurance is hurt and requires health care, that imposes costs on everyone else.

    EDITORIAL: Obama's cure for malaise: More of the same →

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