- Obama’s regulatory agenda will cost U.S. economy $143B next year: report
- Patriot Act author on James Clapper: Fire, prosecute him
- Russia P.M. Medvedev: No amnesty for political prisoners
- Michigan GOP Senate hopeful reminds government is the ‘servant’
- Christmas, by Congress: Members mull a 15-cent tax on trees
- U.S. unemployment falls to five-year low of 7 percent; 203K jobs added
- World mourns Nelson Mandela and celebrates his life; burial set for Dec. 15
- Bill O’Reilly reminds: Nelson Mandela ‘was a communist’
- John Boehner says GOP should support gay candidates: ‘I do’
- Grass-Whopper: Pan-fried cricket burgers go over big in New York City
Independent voices from the The Washington Times Communities
Topic - Alan B. Krueger
The White House said Friday the lowering of the unemployment rate to 7.4 percent in July is further proof that Washington should adopt more of President Obama's proposals to boost the economy, despite a slowing of the rate of jobs added during the month.
As President Obama played golf Friday and headed for a long weekend at Camp David, the White House said the government's new jobs report proves that the 2009 stimulus program is still helping the economy.
Once again, the White House is trotting out the "Great Gatsby Curve." That's surprising given the extensive criticism it drew from scholars on both the left and the right when it was unveiled last year by Alan Krueger, the outgoing chairman of the President's Council of Economic Advisers.
President Obama on Monday afternoon will nominate a prime architect of his economic stimulus plan and health care laws in his first term to become chairman of the White House Council of Economic Advisers.
President Obama's latest budget is built on the assumption that the economy will rebound strongly, but his advisers said if they can't halt the sequester their numbers won't add up this year.
President Obama canceled public tours of the White House in response to sequestration cuts ("White House visitors, get lost," Comment & Analysis, March 8). Before doing so, did the president consult with Alan Krueger, chairman of his Council of Economic Advisers?
There was good news on the jobs front Friday. The Bureau of Labor Statistics said the unemployment rate dipped to 7.7 percent in February. That's the lowest figure since President Obama was sworn in in 2009, but it's not quite time to break out the champagne.
U.S. economic growth unexpectedly ground to a halt at the end of last year, falling from a healthy 3.1 percent gain in the summer to a 0.1 percent contraction in the final quarter, the Commerce Department reported Wednesday.
The White House on Wednesday blamed a surprising economic decline in the fourth quarter of 2012 on the uncertainty of the 'fiscal cliff' feud with Congress and the effects of Superstorm Sandy.
The talks between President Obama and congressional Republicans to avoid looming tax hikes and steep spending cuts regressed Monday to the same old sticking point — raising taxes on wealthier Americans.
When conspiracists suggested Friday that the Obama administration had engineered a sharp drop in unemployment to aid President Barack Obama's re-election, the response was swift.
Sasquatch might as well have traipsed across the White House lawn Friday with a lost Warren Commission file on his way to the studio where NASA staged the moon landing.
President Barack Obama got new jobs figures Friday to buttress his argument that he's presiding over steady, if slow, economic growth. But the government's report that the overall rate of unemployment actually crept up by one-tenth of a point allows Republican Mitt Romney to keep pressure on Obama to defend his record.
GOP presidential hopeful Mitt Romney said Friday that the latest jobs numbers released Friday, showing anemic job growth and an unemployment rate unchanged at 8.2 percent, are the latest proof that President Obama's economic plans have failed the country.
A sobering economic snapshot intensified the presidential campaign on Friday as President Obama rolled through two vote-rich battleground states and Republican Mitt Romney fended off conservative complaints about his plan for winning.
"The president will continue to press Congress to act on the proposals he called for in his State of the Union address to make America a magnet for good jobs, help workers obtain the skills they need for those jobs, and make sure that honest work leads to a decent living," he said.
"It is critical that we remain focused on pursuing policies to speed job creation and expand the middle class, as we continue to dig our way out of the deep hole that was caused by the severe recession that began in December 2007," Mr. Krueger said.