By James A. Lyons
By arming the rebels, we're aiding al Qaeda
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 nation's unemployment rate edged up from 8.1 percent to 8.2 percent last month as businesses from factories to office parks pulled back on hiring, the Labor Department reported Friday morning.
There's something special for the Obamas and something special for the Camerons in the entertainment lineup and guest list for Wednesday's state dinner for the British prime minister and his wife.
What are the best two ways to maintain unemployment? First, forbid people from working. Then pay them not to work. Maryland may soon get a perfect storm of both bad policies. Maryland lawmakers have proposed an increase in the state's minimum wage, which will eliminate many entry-level jobs. Meanwhile, President Obama's American Jobs Act would further extend unemployment insurance (UI) benefits, which pay people not to work.
Mr. Krueger said the White House tempered its 2013 growth projections because other threats including the European debt crisis and geopolitical tensions around the world also could throw off economic projections.
Obama advisers to blame sequester if budget numbers don't add up →
"That implies that overall economic growth in 2013 will look a lot like economic growth in 2012," said Alan Krueger, who chairs the president's Council of Economic Advisers. "But the disappointing thing is that the economy is poised to grow more strongly."
Obama advisers to blame sequester if budget numbers don't add up →
