GOOLSBEE’S GONE: Obama’s top economic advisor out. While it’s good to see the entire Obama economics team finally gone, it’s a bit disheartening to see so many return to academia, where they’ll be able to miseducate a whole new generation of aspiring economists.

UPDATE: Michelle Malkin agrees. "Official motto of the White House economic team: Those who can, do. Those who can't, fantasize in the classroom, fail in Washington and then return to the Ivy Tower to train the next generation of egghead economic saboteurs."