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Showing posts with label obama. Show all posts
Showing posts with label obama. Show all posts

Saturday, November 23, 2013

A decade of slow growth?

By Fareed Zakaria From: Cnn.com: Every year at Davos, people like me try to get a sense of the mood of the place, take the temperature of people in this frosty mountain resort. Obviously, I will give you a highly impressionistic and personal picture, but it’s one I find useful since Davos does bring together leaders in government, business, media – even the NGO community – from all corners of the world. It is genuinely global in a way that few conferences are... FULL STORY

Monday, December 3, 2012

Monday, November 26, 2012

6 Ways The Fiscal Cliff Could Affect You

Federal Reserve chairman Ben Bernanke used the term "fiscal cliff," it quickly became the newest Washington buzzphrase. As the deadline to avert the cliff nears, it has overtaken the European debt crisis as the most talked-about story in the financial media. The fiscal cliff refers to the enactment of a number of laws that would, if not changed before Jan. 1, 2013, FULL STORY

Monday, November 19, 2012

The U.S. Recovery Has Been Spectacular*

We need a real recovery. That's what Mitt Romney said during the campaign, and he was right. Five years since the start of the Great Recession, unemployment is still far too high. It's not for a lack of optimism among policymakers. As Evan Soltas pointed out, the Federal Reserve keeps predicting that prosperity is just around the corner, only to find it's not. Catchup growth is the new Godot. FULL STORY *Compared to almost every other rich country and almost every other financial crisis.

Saturday, November 17, 2012

Fiscal cliff would drive the U.S. economy back into recession.

Fiscal cliff would drive the U.S. economy back into recession before end of 2013, a new report from the Congressional Budget Office said. Congressional Budget Office released a report showing that the most harmful consequences of the fiscal cliff, a fully armed and operational fiscal cliff would cost us 3.4 million jobs. Obama Fiscal Cliff Deal Risks Brush With Recession

Tuesday, October 23, 2012

Dow tumbles 240 points to seven-week low

Stocks sold off Tuesday, with the Dow Jones industrial average sliding more than 240 points to a seven-week low following a slew of disappointing earnings. FULL STORY

Thursday, October 18, 2012

Sunday, December 25, 2011

Obama Embraces Low-Key Response to Turmoil in Iraq


As Iraq erupted in recent days, Vice President Joseph R. Biden Jr. was in constant phone contact with the leaders of the country’s dueling sects..

Source: www.nytimes.com