Newly minted Council of Economic Advisors head Austan Goolsbee said Sunday that he expects the unemployment rate, currently at 9.6 percent, to remain at high levels for a long time.
Goolsbee declined to predict a specific unemployment rate for the end of 2010, saying only that he didn’t expect a decline in joblessness to Read More
Austan Goolsbee, perhaps the only economist in history who’s good on TV, is the new head of President Obama’s Council of Economic Advisors. He replaces Christina Romer, who resigned September 3.
His credentials are impressive. He used to be a professor at the University of Chicago Business School, and he once got in Read More
Not long ago, President Barack Obama finally got around to filling three of the top jobs at the Treasury Department that had been vacant since his inauguration.
But even afterward, one top financial job was left conspicuously unfilled—namely, the role of Economic Surrogate in Chief.
A good economic statesman—somebody who can crunch budget projections by Read More