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Austan Goolsbee on Jon Stewart…

August 13th, 2009 · 3 Comments
Macroeconomics · Policy

If you know me at all, you can probably guess that I LOVE when economic stuff is on Comedy Central. (I also love when kittens in Kleenex boxes are on Comedy Central, but that is less relevant to this particular site.) Therefore, I was very pleased to see Austan Goolsbee on The Daily Show the other day. In case you aren’t familiar, Goolsbee, in addition to being my friend’s roommate at Yale, was one of the main economic advisers to the Obama campaign and is now the Chief Economist on Obama’s Economic Advisory Recovery Board. (And no, I had no idea what that was either. Apparently it’s a group of non-politicians who get together and think of how to get out of the current mess the country is in. Wow, that sounds like, uh, fun? Maybe this is the stealth replacement for waterboarding as a form of torture.)

In his interview, Goolsbee explains why the country is not broke, despite being “in a tough spot.” My favorite part is the following exchange:

Jon Stewart: “Are we too big to fail? Are we, as a country…and who would bail us out, and…could we qualify for the ‘Countries for Clunkers’ program?”
Austan Goolsbee: “It depends what kind of gas mileage we’re getting at this moment.”

Anyway, here you go…

The Daily Show With Jon Stewart Mon – Thurs 11p / 10c
Austan Goolsbee
Daily Show
Full Episodes
Political Humor Spinal Tap Performance

IMHO, he is (for good reason) more optimistic about the impact and reasonableness of the stimulus spending than perhaps he should be, and he doesn’t go into as much detail as I would like, but it’s an interesting chat nonetheless.

Tags: Macroeconomics · Policy

3 responses so far ↓

  • 1 David // Aug 13, 2009 at 3:16 pm

    I’m just happy to see economists are finally doing some much needed PR work.

  • 2 Justin Ross // Aug 14, 2009 at 8:54 am

    His comments on health insurance companies were downright bizarre. The things you must have to say in order to be in politics.

  • 3 The PULSE Review // Aug 15, 2009 at 9:49 am

    I love the Daily Show, but unless John Stewart is interviewing someone that he feels to be “evil” (Read, Cramer), he lets them off the hook. Stewart asked some great questions! Then proceeded to let Austan off the hook at the most important part! The answers!

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