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Jan 7, 2012 at 12:36 pm

Obama To Promote Insourcing Of Jobs

Obama To Promote Insourcing Of Jobs

WASHINGTON (AP) — President Barack Obama is highlighting companies that have returned jobs to the U.S. and he says that’s one more way of putting people back to work.

SEE ALSO: J-Hud Talks Wedding, Motherhood

The White House plans a forum Wednesday, called “Insourcing American Jobs,” that will bring together business leaders who shifted work back home. The president said Saturday in his weekly radio and Internet address

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Dec 29, 2011 at 8:19 am

Are Americans Optimistic About 2012?

Are Americans Optimistic About 2012?

WASHINGTON (AP) — Americans are hopeful for what 2012 will bring for their families and the country, according to a new Associated Press-GfK poll, though most say 2011 was a year they would rather forget.

SEE ALSO: How Ron Paul Helps Obama

Nearly seven in 10 say the year gone by was a bad

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Aug 31, 2011 at 12:35 pm

White House Spokesman: Obama Is Helping Black People

White House Spokesman: Obama Is Helping Black People

White House spokesman Jay Carney defended President Obama Tuesday against criticism from prominent Black leaders who have said Obama is ignorning the Black community while reaching out to white independents.

According to Carney, the issue is not one of race. The president is helping Black people by working to boost the struggling economy and helping all unemployed Americans, he said.

“A lot of people have suffered through this great recession … this

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Aug 8, 2011 at 4:03 pm

Hard Times! Second Recession In U.S. Could Be Worse Than First

Hard Times! Second Recession In U.S. Could Be Worse Than First

Economists are warning that a recession now would be far worse than the recession that ended in 2007.

Today the economy has 5 percent fewer jobs, and the unemployment rate has almost doubled since the onset of the last recession.

The NewYorkTimes.com reports:

“It would be disastrous if we entered into a recession at this stage, given that we haven’t yet made up for the last recession,” said Conrad DeQuadros, senior economist at RDQ

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Jul 14, 2011 at 1:16 pm

No Really?! Voters Blame Bush, Not Obama For Economy

No Really?! Voters Blame Bush, Not Obama For Economy

WASHINGTON  — According to a new Quinnipiac poll, voters still blame former President George W. Bush for the economy and not President Barack Obama two and half years in to Obama’s first term.

Yahoo reports:

According to a new Quinnipiac poll, 54 percent of those surveyed say Bush is responsible for the “current condition” of the economy, compared to just 27 percent who blame Obama. Among self-described independent voters, a key 2012 voting

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Jul 11, 2011 at 9:09 am

Gingrich On Weak Economy: “This Is The Obama Despression”

Gingrich On Weak Economy: “This Is The Obama Despression”

Republican presidential candidate Newt Gingrich took a shot at President Obama calling America’s economic woes, the “Obama Depression,” on Fox and Friends Sunday morning.

Gingrich’s comments come as the president is negotiating a new federal budget with Republicans, and just days after the latest job reports show few signs of economic recovery.

“Housing prices have dropped deeper than in the great depression and it’s very clear that under Obama’s job

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Jul 8, 2011 at 12:17 pm

Say What?! Senator Says The Poor Should Pay Taxes, Not Rich

Say What?! Senator Says The Poor Should Pay Taxes, Not Rich

WASHINGTON — After Sen. Jeff Sessions (R-Ala.) said that millionaires paying more taxes to save the economy was “rather pathetic,” another Republican senator spoke against the proposal, suggesting that the poor take the burden instead of the rich.

Sen. Orrin Hatch (R-Utah) voted against the measure Thursday, demanding that poor middle-class Americans need to do more.

“I hear how they’re so caring for the poor and so forth,” Hatch said in remarks

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Jul 8, 2011 at 10:24 am

Trouble For Obama? Unemployment Rises Again

Trouble For Obama? Unemployment Rises Again

The U.S. economy took another hit, as the national unemployment rate rose from 9.1 to 9.2 percent, the Department of Labor said Friday.

Additionally, the economy added only 18,000 jobs in June, with 14.1 million people out of work, a slight increase from the 13.9 million unemployed Americans reported in May.

Black unemployment stayed at 16.2 percent, which is the second highest rate since Obama took office. In August 2010, the Black unemployment

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Jun 30, 2011 at 12:04 pm

Bill Clinton Leads Job Summit To Boost America’s Economy

Bill Clinton Leads Job Summit To Boost America’s Economy

CHICAGO — Former president Bill Clinton hosted a two-day job summit in Chicago to seek new, innovative ways to help grow the economy.

The Clinton Global Initiative America Jobs Summit’s goal is to share the best ideas and brainstorm new ones, so that individuals, cities, states, and companies can help grow the economy, despite strains in Washington.

The summit was streamed live on the CGI’s website.

Read More At TheDailyBeast.com

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Jun 1, 2011 at 4:42 pm

Crashing? Stocks Fall By 2% In Response To Economic Reports

Crashing? Stocks Fall By 2% In Response To Economic Reports

The New York Times is reporting that investors are fleeing the stock market at a sharp pace in response to recent economic news.

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