Michelle Malkin wrote a bizarre hit job on departing Council of Economic Advisors Chairman Austan Goolsbee in the National Review yesterday. She complains that Goolsbee is a professor who does not understand business.
Malkin's criticism makes absolutely no sense. The Council of Economic Advisors was created to provide technical economic advice to the president, and thus the chair position has traditionally been reserved for an economics professor or business school professor. All five of Bush's CEA Chairmen were professors (Edward Lazear at Stanford Graduate School of Business, Ben Bernake at Princeton, Harvey Rosen at Princeton; Greg Mankiw at Harvard, and Glenn Hubbard at Columbia School of Business).
However, what I find more disturbing about the Malkin's piece is this line, "When Goolsbee joined Team Obama, the unemployment rate was around 6 percent." Huh?
A 5 second wikipedia search tells you Goolsbee was confirmed on March 10, 2009. Jump over to the Bureau of Labor Statistics and you'll find that the unemployment rate in March 2009 was 8.6%.
Of course, Malkin did not just accidentally under-state the unemployment rate in March 2009 by 2.6%. It is a purposeful attempt to make it appear as though the economy was not THAT bad when Obama took over.
Does the National Review have fact checkers? There's no answer to that question that puts them in a favorable light.