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Barack Obama Economy

Obama Defends Economic Progress On His Watch Ahead Of Midterms

AP | NEDRA PICKLER and JIM KUHNHENN | Posted 10.02.2014 | Politics

EVANSTON, Ill. (AP) — President Barack Obama acknowledged his pivotal role in the midterm political campaign Thursday, arguing that the November con...

Obama Hopes New Economy Pitch Will Boost Midterm Prospects

AP | JIM KUHNHENN and JULIE PACE | Posted 10.01.2014 | Politics

WASHINGTON (AP) — President Barack Obama's escalating military campaign in Iraq and Syria has drowned out the economic pitch he hoped would help sal...

Obama Cheers Positive Jobs Report: 'We're Making Progress'

AP | DARLENE SUPERVILLE | Posted 07.03.2014 | Politics

WASHINGTON (AP) — President Barack Obama says job growth in June shows the recovery is taking hold, but the economy could still do better. Obama is...

Obama, the Economy and the Movement

Robert Kuttner | Posted 10.04.2013 | Politics
Robert Kuttner

The Congressional Budget Office last year warned that the increase in payroll taxes coupled with the $85 billion Sequester would cut the growth rate for 2013 in half. That's happening. Instead of furloughing public employees, the government should be adding new public jobs. Obama's tour to promote a recovery from the "middle out" is a good start, but there is nothing in his agenda that would fundamentally change the pitifully slow recovery. His proposed grand bargain on taxes would cut the corporate tax rate in exchange for closing loopholes, yielding net new revenues in the short run but no new revenue over time. Instead, we need corporations to start paying their fair share. The claim that corporate America is over-taxed is nonsense. For Obama to embrace this idea plays once again to right-wing ideology.

Obama Focusing Attention On Big Problem

Posted 07.24.2013 | Politics

By DARLENE SUPERVILLE, THE ASSOCIATED PRESS WASHINGTON — Seeking to focus public attention on the problem he was sent to the White House to solve...

Half Empty: Another Feeble Jobs Report

Robert Kuttner | Posted 07.05.2013 | Politics
Robert Kuttner

While the Administration and the Republicans and far too much of the commentariat are obsessed with public debt, private debts are killing the recovery. Some 22 percent of mortgages are still under water, and student debt has surpassed a trillion dollars. Banks can unload their toxic securities onto the Fed. Corporations can use the bankruptcy code's Chapter 11 to write off old debts (including to their pensioners) and get a "fresh start." But college borrowers stay indentured forever, as do underwater homeowners unless they want to lose the house.The upside-down policy, of cutting public spending, giving debt relief to banks and corporations, while showing no mercy to students and homeowners, keeps the whole economy in debtors' prison. Until these policies change, we can look forward to a decade of high unemployment and an underperforming economy.

The Last Liberal Branch of Government

Robert Kuttner | Posted 04.19.2013 | Politics
Robert Kuttner

A speech delivered by Janet Yellen, vice chairman of the Federal Reserve, began by reminding the audience that the Fed's mandate is a society of high employment, not just low inflation, and she made several important points that seem to have eluded President Obama -- all of which are implicit rebukes to the Administration's fiscally deflationary approach to the recovery. What sort of a topsy-turvy world is it when we have to look to the Federal Reserve, normally the home of inflation hawks and shills for commercial bankers, for ordinary common sense on the economic recovery? It's not that the Reserve has become dangerously left wing. It's that the rest of Washington has been captured by the deflation delusion.

Obama Hits The Road To Rally Support For Job Creation

AP | JOSH LEDERMAN | Posted 04.15.2013 | Politics

ASHEVILLE, N.C. — Striking a decidedly populist tone, President Barack Obama stood in a resurrected factory Wednesday, imploring lawmakers to wo...

Poll: Obama Trusted Over GOP On Key Issue

The Huffington Post | Ariel Edwards-Levy | Posted 02.11.2013 | Politics

American voters give President Obama an edge over the GOP on several national issues -- including the economy -- according to a Quinnipiac poll releas...

Good News For This Guy

AP | Posted 01.01.2013 | Money

WASHINGTON — Americans' confidence in the economy surged last month to the highest level in nearly five years, as many were encouraged by an imp...

Obama and the Economy

Robert Kuttner | Posted 12.28.2012 | Politics
Robert Kuttner

Thanks to his exceptional luck in drawing Mitt Romney as his opponent, Barack Obama will probably win a narrow reelection despite the dismal recovery. But on Wednesday morning, a struggle begins within the Democratic Party to save him (and us) from himself -- to keep him from agreeing to a budget deal that will only slow growth, needlessly sacrifice Social Security and Medicare, and make the next four years much like the last four years. What a waste, what a pity. Democrats should be resisting the economic lunacy and political sway of an extremist Republican Party. Instead, they will be working to keep their own president from capitulating to fiscal folly.

Jennifer Bendery

Obama On Jobs Report: 'We Are Moving Forward Again'

HuffingtonPost.com | Jennifer Bendery | Posted 10.05.2012 | Politics

WASHINGTON -- He may not have been openly celebrating, but President Barack Obama was clearly enthusiastic Friday as he weighed in on the latest jobs ...

Workers And Economists: Obama Has A Better Economic Plan

The Huffington Post | Bonnie Kavoussi | Posted 10.03.2012 | Business

Workers and economists agree: President Obama is more likely to help the economy than Republican nominee Mitt Romney. Economists gave Obama's econ...

Encouraging News For Obama

AP | CHRISTOPHER S. RUGABER and ANNE D'INNOCENZIO | Posted 09.26.2012 | Money

WASHINGTON -- Americans are more confident in the economy than they have been in seven months, an encouraging sign for President Barack Obama with six...

2012 COUNTDOWN: Some Obama Numbers Matter More Than Others

Howard Fineman | Posted 11.20.2012 | Politics
Howard Fineman

Timing is everything in politics, and President Obama is getting just enough verifiable positive economic news just in time to propel him into the lead against Romney on this 47th day before the election.

Executives <3 Obama

Reuters | Posted 10.17.2012 | Business

LONDON, Aug 17 (Reuters) - Twice as many business executives around the world say the global economy will prosper better if incumbent U.S. president...

Bad Polling News for GOP

Andrew Pavelyev | Posted 10.01.2012 | Politics
Andrew Pavelyev

The clock is ticking. Mitt Romney needs to take a hard look at The Hill poll and other similar polls and decide what he has to do to show voters that he is his own man. Quickly. In a few short weeks it will be too late.

GOP Strategist: Surveys Say 'He's Not Dead'

AP | CHARLES BABINGTON | Posted 07.09.2012 | Politics

WASHINGTON -- History repeats itself, until it doesn't. That musty saw is worth remembering as pundits speculate on whether the lumbering economy wil...

It's (Not) the (State) Economy, Stupid!

Thomas M. Holbrook | Posted 08.19.2012 | Politics
Thomas M. Holbrook

I'm skeptical that state-to-state variations in economic conditions -- especially those based on unemployment -- have much to do with presidential election outcomes.

It's All Bush's Fault

Al Checchi | Posted 08.17.2012 | Politics
Al Checchi

Having failed to change public perception that we are on the wrong track, if the best President Obama can do is blame his predecessor and make excuses, he is in far greater trouble than the U.S. economy.

CAPTION CONTEST: Obama Holds An Imaginary Box

Posted 06.15.2012 | Politics

Every week, we feature our favorite photo of President Barack Obama from the past few days, and ask you for your best captions. This photo was take...

Hunter Stuart

WATCH: The 7 Most Misleading Things Romney Has Told America

HuffingtonPost.com | Hunter Stuart | Posted 06.18.2012 | Politics

The U.S. economy and job creation has been a central theme of GOP presidential candidate Mitt Romney's attacks on President Barack Obama. The Huffingt...

Silver Linings?

Mike Lux | Posted 08.11.2012 | Politics
Mike Lux

Everyone pretty much agrees that last week was Obama's roughest week yet in this campaign. But I see some potential silver linings in the mess that was last week, one of which may well be seen after this election as the most important messaging turning point in this campaign.

CAPTION CONTEST: Obama's Sad Face After A Bad Week

Posted 06.11.2012 | Politics

Every week, we feature our favorite photo of President Barack Obama from the past few days, and ask you for your best captions. This photo was take...

First Lady's Admission To Donors

Sarasota Patch | Charles Schelle | Posted 03.28.2012 | Politics

First Lady Michelle Obama, in Sarasota for a private fundraiser, acknowledged Thursday that it will take some time for the economy to improve. Appe...