Austan Goolsbee Pt. 1

  • Aired:  08/03/11
  •  | Views: 32,896

Chairman of the council of economic advisors Austan Goolsbee wants the government to focus on America's growth agenda and talks about leaving his job. (4:30)

>> Jon: WELCOME BACK.

MY GUEST TONIGHT IS THE OUTGOING

CHAIRMAN OF THE COUNCIL OF

ECONOMIC ADVISERS.

PLEASE WELCOME BACK TO THE

PROGRAM AUSTAN GOOLSBEE.

SIR.

[APPLAUSE]

LOOK AT YOU.

SO WHAT IS IT NOW?

YOUR TITLE WAS... TELL ME YOUR

TITLE.

>> STILL IS CHAIRMAN OF THE

COUNCIL OF ECONOMIC ADVISERS FOR

TWO MORE DAYS.

>> Jon: AND IN TWO DAY, WHAT DO?

>> I PACK THE STUFF UP IN THE

MOVING VAN AND...

>> Jon: NEW YORK I UNDERSTAND

THAT.

BUT ARE YOU GOING TO ANOTHER

JOB?

>> WELL, YEAH, I'M GOING TO

CREATE A PRIVATE SECTOR JOB BACK

AT THE UNIVERSITY OF CHICAGO

BUSINESS SCHOOL WHERE I TEACH.

SO I'M GOING BACK.

>> Jon: WILL THAT COUNT

TOWARDS YOUR JOB CREATION RECORD

OR...

>> I HOPE SO.

[LAUGHTER]

>> Jon: LOOK AT YOU.

CAN WE GET A SHOT OF HIS FACE.

>> NO.

>> Jon: YOU ARE GIDDY.

>>LY ADMIT THAT THERE'S SOME

ENJOYMENT THAT I'M GETTING OUT.

>> Jon: YOU'RE GIDDY.

IS THE PRESSURE OF WORKING

WITHIN GOVERNMENT SO PALPABLE?

IS IT...

>> I'VE MOAN THE PRESIDENT A

LONG TIME.

HE WAS A PROFESSOR AT THE

UNIVERSITY OF CHICAGO AND THEN

THAT'S WHERE WE KNEW EACH

OTHERMENT I'VE BEEN DOING THIS

FOR PROBABLY FOUR AND A HALF

YEARS.

ONCE YOU GET TO WASHINGTON,

THERE'S ONLY SO LONG YOU CAN GO.

THERE ARE A NUMBER OF PEOPLE

THERE WHOSE TRAY TABLES ARE NOT

IN THE FULL UPRIGHT AND LOCKED

POSITION.

EVENTUALLY, YOU KNOW, YOU'VE GOT

TO GET ON WITH IT.

SO LOOK, I JUST FEEL BAD.

THE PRESIDENT'S GOT TO SAY THAT.

>> WELL, YOU KNOW, HE DOESN'T

HAVE.

TO IF HE WANTS TO, YOU KNOW,

LET'S MAYBE TRY AND DECONSTRUCT

WHAT IT IS ABOUT THE PLACE THAT

MAY SUCK YOUR SOUL OUT.

I THINK IT'S INTERESTING.

YOU HAD SAID SOMETHING VERY

INTERESTING WHICH IS YOU STUDIED

ECONOMICS.

YOU STUDIED JOB CREATION, AND

THEN YOU GO TO WASHINGTON AND

THE FRUSTRATION IS THAT ALL

THOSE THINGS THAT... IT WOULD BE

LIKE BEING A DOCTOR AND THEN YOU

GO TO A PLACE TO PRACTICE

MEDICINE AND THEY GO, ACTUALLY

NEW YORK, WE JUST DO A DANCE AND

DRINK COCOA, THAT'S HOW WE SOLVE

THAT.

>> THAT'S NOT THE HEALTHIEST.

LOOK, WHAT I WOULD SAY IS

WHATEVER WERE THE WORDS THAT THE

POLL, RIDICULOUS, DISGUSTING,

WHAT HAVE YOU ABOUT THE DEBT

CEILING DEBATE, THE LAST THING

WE NEEDED, WE'VE TAKEN SOME

HEAVY BLOWS SO FAR THIS YEAR,

OIL PRICES, THE STUFF FROM

EUROPE, THE DISASTER IN JAPAN IN

ADDITION TO BEING THE HUMAN COST

HAD THIS IMPACT ON OUR ECONOMY.

WE GOT TO GET BACK TO THE GROWTH

AGENDA AND THE PRESIDENT FOR THE

MONTH OF JUNE, IT WAS WITH THE

ENTIRE FOCUS ABOUT U.S.

MANUFACTURING, HE DID HALF DOZEN

EVENTS AT DIFFERENT FACTORIES,

ALL OF US MEMBERS OF THE CABINET

WENT OUT TO DIFFERENT EVENTS.

WE FOCUSED ON POLICY, FOREIGN,

DIRECT INVESTMENT.

NO ONE PAID ATTENTION.

IT WAS ALL WHO POUNDED THEIR

FISTS THE LOUDEST AND WHAT COLOR

WAS THEIR TIE.

THAT'S PART OF WASHINGTON...

THAT PART OF WASHINGTON IS...

>> Jon: TO BE FAIR, GOING OUT

TO COMPANIES IS ANOTHER FORM

OF... IT'S STILL JUST PROPAGANDA

TO SOME EXTENT.

IT'S NOT POLICY.

IT'S LOOK AT ME, I'M IN A

FACTORY.

I'M GOING TO SHAVE PEOPLE'S

HAND, CONGRATULATING THEM ON

STILL HAVING JOBS.

THAT DOESN'T MAKE ANY SENSE

EITHER.

>> LOOK, IT'S FAIR THAT A WAY TO

DEMONSTRATE... WE'RE GOING TO

HAVE POLICIES, SO THERE ARE A

NUMBER OF THINGS WE CAN DO IN A

BIPARTISAN BASIS.

WHICH I STILL... THE NAIVE PART

OF ME, WHY DON'T WE JUST DO

THOSE.

BOTH PARTIES AGREED ON FREE

TRADE AGREEMENTS THAT WE COULD

DO AN INFRASTRUCTURE BANK THAT

TAKES A LITTLE BIT OF MONEY.

>> WHEN WE COME BACK WE'LL TALK

ABOUT THE... WE'LL DECONSTRUCT

IT A LITTLE BIT, TALK ABOUT THE

EXACT THINGS WE COULD DO.

THAT'S THE WAY TO DO THIS.

LOOK AT YOU.

I FEEL LIKE YOU SHOULD HAVE A

BABY PACIFIER AND SOME GLOW

STICKS.

IT'S LIKE YOU'VE TAKEN ECSTASY.

I'M GOING HOME,

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