Christy Romer leaves WH economic team; says it was “honor of a lifetime.”

[quiet.american]

http://www.nytimes.com/2010/08/06/business/06advise.html?_r=1&hp">NYT: Top Obama Adviser on Economics to Step Down

excerpts:
WASHINGTON — Christina D. Romer is resigning as the chairwoman of President Obama’s Council of Economic Advisers, the White House announced on Thursday night. She will be the second member this summer to leave an economic team that has steered the administration through the worst recession since the Depression.

Ms. Romer, the only woman in the inner circle of Mr. Obama’s economic advisers, early on had tense relations with Lawrence H. Summers, who, as director of his National Economic Council, coordinates the advice that goes to the president.

But according to the announcement, Ms. Romer wanted to return to her tenured position as an economics professor at the University of California, Berkeley, in time for her son to begin high school in California this fall. Her resignation is effective
Sept. 3.

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It has been common in administrations for either budget directors or heads of the Council of Economic Advisers to serve less than two years, and those in the Obama administration have been under uncommon pressures.

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Ms. Romer called it the “honor of a lifetime” to serve in the administration.

[treestar]

1. Didn't know you could return to a tenured position!

I'd hate to have to leave that honor behind, too!

[Arkana]

2. I worry about this...she was a good counterpart to Larry Summers.

Without her, what happens?

[Cha]

3. Thanks for this article, q.american~

It will be interesting to see who places her..bet it's someone great. :)