News

News

Obama Adviser: Unemployment Not Issue

The Hill
Jul 08, 2011

President Obama’s senior political adviser David Plouffe said Wednesday that people won’t vote in 2012 based on the unemployment rate.  Plouffe should probably hope that’s the case, since dismal job figures aren’t expected to get any better for Obama and the economy on Friday.

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Stocks Tumble After Jobs Report

CNBC
Jul 08, 2011

Stocks tumbled Friday after employment rose far less than expected, shattering hopes that the economy was starting to regain momentum following a soft patch in the first half of the year.

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Jobs Picture Worsens: 9.2%

CNBC
Jul 08, 2011

U.S. employment growth ground to a halt in June, with employers hiring the fewest number of workers in nine months, dousing hopes the economy would regain momentum in the second half of the year.

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Obama: Debt Talks Constructive

The Wall Street Journal
Jul 07, 2011

President Barack Obama on Thursday said he had a "very constructive" meeting with congressional leaders but suggested the two sides were still far apart on how to slash the country's deficit.

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Spending Or Revenue Problem?

Heritage
Jul 07, 2011

Since 1965, spending has risen constantly. Federal revenues have dropped recently due to the economic recession, but spending has reached a record high.

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A Debt-Limit Breakout

The Wall Street Journal
Jul 06, 2011

The debt-limit talks in Washington are bogged down in the hedgerows, with some Republicans insisting on a balanced budget amendment that can't pass Congress and President Obama insisting on tax increases that Republicans oppose. What this debate needs is a breakout strategy—to wit, Republicans should answer Mr. Obama's tax call by accepting his business tax increases in return for a lower corporate tax rate.

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Obama Rejects Short-Term Deal

The Hill
Jul 06, 2011

President Obama on Tuesday rejected calls for a short-term hike to the debt ceiling, saying Congress should not give up on a deal to make significant cuts to the country’s budget deficits.

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Jobless Claims Remain Ugly

CNBC
Jun 30, 2011

The number of Americans filing claims for unemployment benefits barely fell last week, a government report showed on Thursday, suggesting the labor market was struggling to regain momentum.

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Obama Behind Scenes Donors

The Washington Post
Jun 30, 2011

President Obama and top White House aides are waging a behind-the-scenes push to win over skeptical big-dollar donors — whose early money is needed to help fund a dramatic summertime expansion of his battleground-state machinery.

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Poll: Obama 46% Republican 42%

Rasmussen
Jun 29, 2011

A generic Republican candidate now holds a four-point lead over President Obama in a hypothetical 2012 election matchup.  It's the fifth week in a row that the GOP candidate has been ahead and the widest gap between the candidates to date.

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