Prof Goolsbee to America: Umm, no, unemployment not coming down anytime soon

Well, there’s a shock. The new economist in chief at the White House, Austan Goolsbee tells ABC’s This Week, don’t look for unemployment to fall. Actually he also wouldn’t make any predictions about how many jobs the President’s new stimulus would create? In fact, he pretty much didn’t say much except, well, trust me, this time it’s gunna work. Nice.So stunned is Christiane Amanpour at the prospect, that she actually asks the question twice. She could have asked it 30 times and nothing would have changed.

Later on she tries to pin Professor Goolsbee down on how many jobs the new Obama stimulus will create and Goolsbee declines to answer … twice. Well, for good reason. Dr Romer got the old heave ho … for making predictions like, we’ll keep unemployment under 8%.


And these are the same guys who say they know how to spend our money better then we do? Geeeeeeeeeeze.


I like Dr. Goolsbee. I have for some time now as you all know, because I have confident he knows how the economy works. I do. What I can’t understand is why he can’t convince the President otherwise. Socialism does not work. Period.

7 replies
  1. Wind
    Wind says:

    Oh Great….another Deer in the Headlights Academic who is going to make $170,000 to tell us what we already know. Just when things looked glum… gets Glummier.  Sammy you better start changing those pumpkins into carriages….and make sure they run on solar power.

  2. NH-Jim
    NH-Jim says:

    Dear Fairy Godmother:

    1. May I keep my light bulbs?

    2. May I keep my doctor?

    3. May I buy the health insurance that I wish?

    4. May I keep the money that I earned?

    5. May I drive the car I wish?

    6. May I keep my house?

    7. May I keep my gun & ammunition?

    8. May I have smaller government?

    9. May I not be ridiculed by my own president?

    10. May I have my Constitutional rights?

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