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.
A week away from delivering a major speech on jobs and renewing a battle with congressional Republicans on the economy, President Obama on Monday named labor economist Alan B. Krueger of Princeton University to lead his depleted economic team.
President Obama's policies are, it can also be said at long last, a dismal failure. He has been in office for 30 months, so his agenda, with the help of a sympathetic Senate, has been, for the most part, enacted. And things have gotten worse.
The Obama administration, engaged in an urgent campaign to encourage U.S. companies to create more jobs, issued a report Monday showing a sharp increase in direct foreign investment in the United States in 2010.
President Obama's chief economist is departing as the administration's nearly trillion-dollar recovery is losing steam and Mr. Obama concedes that lackluster job growth could become a trend.
The drumbeat of sobering economic news in the country has the White House on the defensive, with Democrats and administration officials appearing on Sunday political shows to rebut Republican criticisms about the nation's decades-high unemployment rate.
The drumbeat of sobering economic news in the country has the White House on the defensive.
The White House on Thursday downplayed the danger to the economy from rapidly rising oil prices, which are flirting with $100 a barrel amid rising unrest in the Middle East, but many private economists worried that it might stifle this year's much-anticipated revival of growth and jobs.
