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Obama Economics

Sam Stein

Clinton's Big Economic Speech Will Be Based On One Simple Idea | Sam Stein | Posted 07.13.2015 | Politics

WASHINGTON -- In her first major economic policy speech on Monday, former Secretary of State Hillary Clinton faces dual tasks: contrasting her agenda ...

Why Obama And The Democrats Can't Get Any Love For The Economy

The Huffington Post | Mark Gongloff | Posted 03.11.2015 | Business

The U.S. economy is growing, unemployment is tumbling and stocks are at record highs. So why aren't President Barack Obama and the Democrats getting e...

Government Policies Harm Income Mobility

Benjamin Powell | Posted 05.04.2014 | Politics
Benjamin Powell

Politicians have been talking about income inequality and upward mobility for the last two months. Unfortunately, their sound bites confuse the issues more than they clarify them.

Why Is the President Giving a Speech on the Economy Today?

Jared Bernstein | Posted 09.23.2013 | Politics
Jared Bernstein

There's some strategery going on here. The D.C. debate will soon shift into dysfunctional overdrive as fiscal deadlines approach, so before the next phase of the debate begins, the president would like to remind people that his priorities are much the same as their own.

Obama Beats Back Accusations Of Socialism

The Huffington Post | Nick Wing | Posted 12.14.2012 | Politics

President Barack Obama rejected the notion that his policies rang of socialism on Thursday, arguing that his platform was more similar to a "moderate ...

President Obama and Strother Martin

Byron Williams | Posted 10.02.2012 | Politics
Byron Williams

If President Barack Obama loses in November, he may have no one but himself to blame. The "Strother Martin Syndrome" has marred the president's first term.

An Imagined Speech, Yearned for by Many

Frank A. Weil | Posted 01.11.2012 | Politics
Frank A. Weil

I would be willing to sacrifice a second term, if I believed that my successor could and would do the things necessary to get your bacon out of the fire.

Sam Stein

Obama, Democrats Plot Out Follow-Through On Jobs Speech | Sam Stein | Posted 11.02.2011 | Politics

WASHINGTON -- In the wake of Friday's dismal employment report, which reported no net change in the number of U.S. jobs, Top officials in the Democrat...

Sam Stein

David Axelrod Downplays Bad Jobs News, Says Austan Goolsbee To Play Big Reelection Role | Sam Stein | Posted 08.08.2011 | Politics

WASHINGTON -- Lost in this week's announcement that Austan Goolsbee, the chairman of the Council of Economic Advisers, would be leaving the White Hous...

Paul Volcker: Unemployment Has No Short-Term Solution

Posted 05.25.2011 | Business

BEIJNG (AP) -- A top economic adviser to President Barack Obama said Tuesday he sees no short-term way to reduce high U.S. unemployment and expects sl...

Shahien Nasiripour

Obama Pick For Top Economic Post Hailed By Business For Pragmatism, Deal-Making | Shahien Nasiripour | Posted 05.25.2011 | Business

Gene Sperling, the Treasury official widely expected to take over as President Obama's chief economic adviser, is the sort of figure who has been arou...

Robert Reich Predicts A 'Revolt Against Wealthy'

Bloomberg | James Pressley | Posted 05.25.2011 | Books

The bargain broke down when middle-class America buckled under global competition and labor-replacing technology. Reich blames what happened next on t...

Obama Economic Team Weighing New Wave Of Tax Cuts, Infrastructure Spending: WSJ

Wall Street Journal | DEBORAH SOLOMON and JONATHAN WEISMAN | Posted 05.25.2011 | Business

The Obama administration is considering a range of new measures to boost economic growth, including tax cuts and a new nationwide infrastructure progr...

Change, Not Recovery

Robert L. Borosage | Posted 05.25.2011 | Politics
Robert L. Borosage

Tuesday's elections show Americans are still looking for change. They are casting protest votes in both parties. But the real battle about direction has only just begun.

Obama and China: Vandalism or Vision

Robert L. Borosage | Posted 05.25.2011 | Politics
Robert L. Borosage

If the U.S. increases exports, mercantilist nations like China, Germany and Japan will have to save less and spend more, import more and export less.

Why Barack Obama Cannot Prevent America's Next Great Depression

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

President Obama may be fated to travel the same path as Gorbachev, and like him, end up as a valiant failure.

Cheney Hits Obama Again: 'Devastating' Economic Policies

CNN | Posted 05.25.2011 | Politics

President Barack Obama's expansion of the federal government into the financial sector is likely to have "devastating" effects in the long term, forme...

Larry Summers: Brilliant Mind, Toxic Ideas

Arianna Huffington | Posted 05.25.2011 | Politics
Arianna Huffington

It was on Summers' watch that the credit-default swaps warhead that has blown up our economy was launched. It would be hard to make assumptions that turned out to be more wrong than his were.

Sam Stein

Obama Adviser: Stimulus Won't Be Sexist, Not Just Help For "Burly Men" | Sam Stein | Posted 05.25.2011 | Politics

The Obama transition team put out a video on Sunday detailing the job creation components of their proposed stimulus legislation. Putting aside, for ...

How Bad Could It Get?

Lawrence Mishel and John Irons | Posted 05.25.2011 | Politics
Lawrence Mishel and John Irons

Obama is calling on Congress to pass a stimulus package that will cost $700B or more over two years. That could create 2.5M jobs in the first year and a total of 5M jobs in the first two years.

Sam Stein

Obama Defends Stimulus Against Critics | Sam Stein | Posted 05.25.2011 | Politics

Barack Obama said today that he never expected the process of crafting a stimulus package to be easy and that he welcomed any idea, regardless of auth...

Sam Stein

State Money: Obama Set To Battle GOP | Sam Stein | Posted 05.25.2011 | Politics

Following a series of meetings with lawmakers on Monday, President-elect Barack Obama has seemingly bolstered even further his chance of passing a mas...

Sam Stein

Rosa DeLauro Unlikely To Be Labor Secretary | Sam Stein | Posted 05.25.2011 | Politics

UPDATE: Several sources have chimed in to say that DeLauro is not likely to get the nod for Labor Secretary. No explanations were offered, but the sou...

Obama's Economic Ambition: Stimulus By Jan. 20

The Huffington Post | Posted 05.25.2011 | Politics

CBS News reports on President-elect Barack Obama's economic plans, which have rapidly expanded as the crisis has worsened: With the stock market wo...


Joshuah Bearman | Posted 05.25.2011 | Business
Joshuah Bearman

Obama fundamentally trusts markets, but believes that they make grievous errors (I'll say!), and that those errors must at times be aggressively corrected. Is that a new idea? If so, then no wonder we're screwed.