Tag Archives: us economy

Folks: No Business, No Jobs (1)

Last week President Obama decided to repair his strained relationship with business — not by advocating permanent reductions in taxes and less regulation, but by interviewing a Clinton-era former Treasury official for a position as economic advisor. Obama's presidency has … Continue reading

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Editorial: Embarrassment in Seoul (1)

Has there ever been a major economic summit where a U.S. President and his Treasury Secretary were as thoroughly rebuffed as they were at this week's G-20 meeting in Seoul? We can't think of one. President Obama failed to achieve … Continue reading

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US Economy 'One Big Pissoff' – 85% (3)

That’s part of the takeaway from the latest ABC News/Yahoo! News poll. Its results identify why the public’s economic discontent is playing so strongly in the Republican Party’s favor in the upcoming midterm elections: in elections, anger works. This national … Continue reading

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Obama’s Recovery Summer fizzles (2)

WASHINGTON — Like all those big-budget Hollywood movies that generate buzz but bomb at the box office, the Obama administration’s much-ballyhooed “Recovery Summer” closed Friday with a Labour Day weekend whimper. The bad news came in the form an August … Continue reading

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Economy at a Standstill

WASHINGTON — The government is about to confirm what many people have felt for some time: The economy barely has a pulse. The Commerce Department on Friday will revise its estimate for economic growth in the April-to-June period and Wall … Continue reading

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Boehner: 'Mr. President: Fire.Them.All' (9)

President Obama should ask for and accept the resignations of Treasury Secretary Tim Geithner, National Economics Council chief Larry Summers and the rest of his economics team, House Minority Leader John Boehner said Tuesday. In a speech to businessmen in … Continue reading

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Americans in no mood for Obama’s liberal agenda

Like many Democrats over the past 40 years, Barack Obama has hoped that his association with unpopular liberal positions on cultural issues would be outweighed by pushing economic policies intended to benefit the ordinary person. In his campaign in 2008 … Continue reading

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CBO: US Economy Facing Dark Times Ahead (1)

WASHINGTON – The U.S. economy faces even more difficult times ahead with chronic unemployment and slow manufacturing hurting the recovery, the head of Congress’ budget agency said on Thursday. The warning from the non-partisan Congressional Budget Office came on top … Continue reading

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Obama's Economic Fish Stories

A president’s most valuable asset—with voters, Congress, allies and enemies—is credibility. So it is unfortunate when extreme exaggeration emanates from the White House. All presidents wind up saying some things that make even their own economists cringe (often the brainchild … Continue reading

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Barack Obama: The great jobs killer (5)

As former President Ronald Reagan might have said, “Obama, there you go again.” The current occupant of the White House claims to know how to create jobs. He claims jobs have been created. But so far the score is Great … Continue reading

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We Ain’t Seen Nothing Yet

When it comes to the problems facing this country, an old slogan comes to mind: “You Ain’t Seen Nothing Yet.” High unemployment, the recession, and a terrorist resurgence in Afghanistan are bad enough. But there are a number of problems … Continue reading

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