Epic fail. Obama replaces economic adviser with his good buddy.
Austan Goolsbee's selection is not a failure just because it is blatant nepotism, but because Austan is replacing Romer after she butchered the deficit with the monstrosity known the "stimulus package" despite the fact that Austan has been Obama's economic adviser since day one! It does not require a giant mental leap to conclude that Austan's economic advising must have been taking place during the creation, writing and implementation of the stimulus. So why would our president, whose job is it to staff positions properly, fill the role with exactly the same people that have failed us. Why does he insist on pushing the Keynesian spend-to-stimulate approach despite it's demonstrable failure? Oh! I know why, here it is... Goolsbee, 41, will succeed Christina Romer. A senior administration official said Goolsbee is a team player who can navigate the White House and is a skilled television interviewee who can help the president promote his economic ...