A top White House economic adviser for President Obama has left his position amid rumors of frustration of the president’s decision to focus on the budget and bypass another stimulus.
Austin Goolsbee, who is one of the president’s longest serving advisers, has left his position as Chairman of The Council of Economic Advisers.
“There’s no question that the administration has made the deficit a top priority for much of the year,” said Dean Baker, co-director for the liberal Center for Economic and Policy Research. “That’s led the administration to abandon any idea of any kind of stimulus or effort to stimulate the economy and I think that may be somewhat frustrating or at least troubling for a wide range of economists. Goolsbee may not be an exception.”