Inside these posts: Austan Goolsbee

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W. House: Jobs data shows Obama policies work

White House economist Austan Goolsbee said on Friday the February jobs report showed President Barack Obama’s policies were working to improve the economy, but he said more needed to be done to create jobs.

“We will continue to work with Congress to find ways to reduce spending, but not at the expense of derailing progress in the job market,” Goolsbee said in a statement. Get the full story »

Goolsbee: Obama open to any tax simplification

The Obama administration is open to any possible reform of the U.S. tax code “that’s going to simplify, make it more efficient and generate revenue,” top White House economist Austan Goolsbee said Thursday.

Goolsbee was speaking to a YouTube roundtable two days after President Barack Obama said in his State of the Union address that he wanted to pursue ideas for tax reform.

Austan Goolsbee to lead Obama’s economic council

President Barack Obama meets with senior adviser Valerie Jarrett, Austan Dean Goolsbee and Chief of Staff Rahm Emmanuel in 2009. (Nancy Stone/ Chicago Tribune)

President Barack Obama has chosen one of his longtime economic advisers, Austan Goolsbee, to be the chairman of his Council of Economic Advisers, a White House official said ahead of the formal announcement Friday.

Goolsbee, a University of Chicago professor of economics, is one of three economists on the council. He already has been confirmed to the council by the Senate. Get the full story >>