It was less than a year ago that Barack Obama’s senior adviser, David Plouffe said: After 2½ years in office, President Obama now “owns” the economy as an issue, according to top adviser David Plouffe, who added he was confident that voters understand that recovering from a devastating recession Mr. Obama inherited takes time. “Of course he does,” Mr. Plouffe told NBC’s “Today” show host Matt | Read More »
Senator Patty Murray [D-WA] is apparently proud of the job she’s done for to Washington state. After all, her job-creating ability is, shall we say…unique? Under Patty Murray’s watch, she’s done a quite job creating jobs. In fact, she’s so talented at creating jobs in other states that the Chambers of Commerce in Illinois and South Carolina should put her on retainer. And, her backing of | Read More »
With Friday’s Bureau of Labor Statistics (BLS) unemployment release for March, the Obama administration declared that the “worst of the storm is over.” However, as wishful thinking as that sounds, the reality is that instead of driving us out of the storm, thanks to the newly-passed health care reform legislation, the administration may have just driven America straight into a perma-storm*: On the one hand, the | Read More »
No amount of caulk will fix the cracks in the fantasy that the economy is getting better. The numbers are bad and they’re really not improving. The number of Americans claiming jobless benefits has risen for the second week running, as the US economy continues to wrestle with persistent unemployment. First-time jobless claims rose by 7,000 to 480,000, according to labour department figures on Thursday, defying expectations | Read More »
As talk turned to such stupid ideas as “cash for caulkers” at yesterday’s two hour and 15 minute photo op “jobs summit,” at least one businessman in attendance had the fortitude to answer the President’s question on why jobs aren’t being created: Mr. Obama told the chief executives that he wanted to know: “What’s holding back business investment and how we can increase confidence and | Read More »
With unemployment reaching 10.2% and likely to rise over the coming year, the Obama administration is getting desperate to show that it can reverse the rising unemployment and the President’s falling poll numbers. As Politico notes: It’s one of the oldest tricks in the presidential playbook: when you want to focus attention on an issue, hold a meeting and call it a “summit.” President Barack | Read More »
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