Obama: GDP reaffirms progress on economy
President Barack Obama said Friday that the economy’s 5.7 percent growth rate in the fourth quarter confirmed progress compared to the economic slump a year ago.
President Barack Obama said Friday that the economy’s 5.7 percent growth rate in the fourth quarter confirmed progress compared to the economic slump a year ago.
Little sign of a reset that I could see. The speech emphasized jobs and the economy over healthcare reform, but that would have made sense even if the political landscape had not shifted. As for the poll numbers, as for Massachusetts, they might never …
In his first State of the Union address, President Barack Obama will offer a skeptical public repackaged plans to energize the economy, stem a tide of red ink and strengthen anti-terror defenses.
Fed chief Ben Bernanke’s confirmation for a second term received another body blow when a few key Democrats said they would be opposed to letting him continue to steer the economy.
In a recent column, Paul Krugman says:
The conventional wisdom seems to be that President Obama tried to do too much – in particular, that he should have put health care on one side and focused on the economy.
I disagree. The Obama administration’…