Posted on March 17th, 2010 by Scott Nance
Rep. David Obey has made no secret of his skepticism of President Obama’s direction in Afghanistan. But when it comes to Obama’s economic policies, the chairman of the House Appropriations Committee on Tuesday leaped to the president’s defense.
In fact, the veteran Wisconsin Democrat opened a hearing on the federal budget and broader economic outlook for [...]
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Filed under: Bush Admin, Congress, Conservatives, Consumers, Corporatism, Credit Crisis, Deficit, Economic News, Economic Stimulus, Economy, House of Reps, In The News, Liberals, Obama Administration, Political News, Politics, President Barack Obama, Progressives
Posted on March 3rd, 2010 by Scott Nance
When it comes looking at the reasons why U.S. unemployment benefit programs need reform, proponents of reform could simply add up the millions of Americans out of work for 26 weeks or longer. Now they can add one more: Sen. Jim Bunning.
The nation’s unemployment rate stands at a pernicious 9.7 percent, but even that doesn’t [...]
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Filed under: Congress, Conservatives, Consumers, Deficit, Economic News, Economic Stimulus, Economy, In The News, Jobs, Political News, Political Parties, Politics, Republicans, Senate, Wingnuts
Posted on February 19th, 2010 by Scott Nance
Reluctance on the Left to respond to the federal budget deficit as a serious political issue leaves progressives not only at a political disadvantage today, but this aversion also carries potentially dire future consequences for survival of their entire agenda, according to a growing number of liberal scholars and analysts.
Even a prominent progressive leader who [...]
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Filed under: Bush Admin, Congress, Conservatives, Deficit, Economic News, Economic Stimulus, Economy, George W. Bush, Healthcare, Liberals, Obama Administration, President Barack Obama, Progressives, Taxes & Tax Cuts, White House
Posted on July 5th, 2009 by Pamela Leavey
Joe Biden on “This Week” today: “The truth is, we and everyone else misread the economy.”
Biden acknowledged administration officials were too optimistic earlier this year when they predicted the unemployment rate would peak at 8 percent as part of their effort to sell the stimulus package. The national unemployment rate has ballooned to 9.5 percent [...]
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Filed under: Democrats, Economic News, Economic Stimulus, Economy, In The News, Jobs, Obama Administration, Pamela Leavey, Political News, Politics, Recession, Vice President Biden
Posted on June 15th, 2009 by Pamela Leavey
There have been a lot of calls of late to drop the stimulus plans put in place to aid recovery from the recession. Paul Krugman explains today why “It’s much too soon to give up on policies that have, at most, pulled us a few inches back from the edge of the abyss.”
Krugman notes that despite [...]
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Filed under: Democrats, Economic News, Economic Stimulus, Economy, In The News, Jobs, OP/ED's, Obama Administration, Opinions, Pamela Leavey, Political News, Political Parties, Politics, Recession, Republicans, Wall Street
Posted on June 8th, 2009 by Pamela Leavey
The unemployment rate in the U.S. has reached a 25 year high according to the Voice of America:
The White House says America’s employment picture is worse than the Obama administration had anticipated just a few months ago. The somber admission follows the latest jobless report showing the highest unemployment rate the United States has seen [...]
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Filed under: Congress, Democrats, Economic News, Economic Stimulus, Economy, In The News, Jobs, Obama Administration, Pamela Leavey, Political News, Politics, President Barack Obama, Recession
Posted on May 5th, 2009 by Pamela Leavey
Sam Stein reports in the HuffPo that the House reached an agreement on Monday on establishing a “9/11-styled commission that would be independent of Congress and granted the power of subpoena to investigate the origins of the financial crisis.”
Aides on the Hill said that the House will likely vote on the measure Wednesday, adding that the [...]
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Filed under: Congress, Credit Crisis, Democrats, Economic News, Economic Stimulus, Economy, House of Reps, In The Blogosphere, In The News, Obama Administration, Pamela Leavey, Political News, Politics, Recession, Republicans, Senate, Wall Street
Posted on April 28th, 2009 by Pamela Leavey
The media and the blogosphere are all a buzz and a twitter over the big news today that Senator Arlen Specter of Pennsylvania was switching to the Democratic Party. Specter who has been a Republican since 1966 said today in a statement that since his “election in 1980, as part of the Reagan Big Tent, [...]
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Filed under: Conservatives, Democrats, Economic Stimulus, In The Blogosphere, In The News, News Media, Pamela Leavey, Political News, Political Parties, Politics, Republicans, Senate
Posted on April 27th, 2009 by Pamela Leavey
There are now 40 confirmed cases of the Swine Flu in the U.S. and more than 1600 cases in Mexico. Concern over the outbreak has “cast a shadow over the struggling global economy,” as the spread of Swine Flu “could harm trade and tourism and undermine businesses just as they begin to rally.”
John Nichols notes [...]
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Filed under: Congress, Conservatives, Credit Crisis, Democrats, Economic News, Economic Stimulus, Economy, Healthcare, House of Reps, In The Blogosphere, In The News, International, Jobs, Maine, Obama Administration, Pamela Leavey, Political News, Political Parties, Politics, President Barack Obama, Recession, Republicans, Senate, World News
Posted on April 7th, 2009 by Pamela Leavey
A new CBS News/New York Times poll shows that in the wake of President Obama’s first trip abroad, “Americans are more positive about the respect accorded to a U.S. president than they have been in years.”
Sixty-seven percent say world leaders respect Mr. Obama, while 18 percent say they do not respect the president. That’s a [...]
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Filed under: CBS News, Democrats, Economic News, Economic Stimulus, Economy, Foreign Policy, George W. Bush, Healthcare, In The News, International, Jobs, N.Y. Times, News Media, Obama Administration, Pamela Leavey, Political News, Politics, Polls, President Barack Obama, Recession, Republicans
