Monday, June 6, 2011

Austan Goolsbee resigns

Austan Goolsbee announced he would resign as the chairman of the Council of Economic Advisers on June 6, 2011.

After he resigned, he compared his time in the White House to a flight he once took – a flight that went through a thunderstorm. During that flight, the lights went out and the turbulence was so bad that the drinks flew across the cabin of the airplane. At one point, a teenager screamed, “We’re gonna die! We’re gonna die!”

After the plane landed, the teenager said, “This was my first time on an airplane. Is it always like this?”

“In Washington, I’m that kid,” said Goolsbee. “Is this normal? Is Washington always like this?”

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