Sept 10, 2010
President Obama on Friday will promote a longtime economic adviser, Austan D. Goolsbee, to chairman of his Council of Economic Advisers, signaling continuity even as a high unemployment rate has left much of the public dissatisfied with administration policies.
Mr. Obamaâ€™s decision to elevate Mr. Goolsbee, a left-of-center economist, to succeed Christina D. Romer, who returned this month to the University of California, Berkeley, is part of a broader flux within the White House economic team, as architects of the governmentâ€™s response to the worst recession in 80 years begin moving up and out and their roles shift.
Mr. Goolsbee has been serving as a member of the three-person advisory panel since the beginning of the Obama administration.
This article was posted: Friday, September 10, 2010 at 4:22 am