News

The Troops Are Mostly Home, But It’s Uncertain How Military Veterans Will Fare In This Economy

[credit provider=”Flickr/thelatestslub” url=”http://www.flickr.com/photos/thelatestslub/4476057884/sizes/m/in/photostream/”] The average soldier’s military career tends to span less than 15 years, but that number varies depending upon branch of service, whether the solider is in active duty or in reserve forces. Since this length of military service doesn’t come close to making up the average adult’s […]
The Troops Are Mostly Home, But It’s Uncertain How Military Veterans Will Fare In This Economy
Markets

The United States Vs China: A Duel To The Debt

In this period of “exceptional uncertainty” (to quote Federal Reserve Chairman Ben Bernanke), where can investors turn for a considered perspective on the current environment? Produced to feed the beast of the 24-hour news cycle, the bulk of financial journalism and commentary today isn’t worth the servers it is stored […]
The United States Vs China: A Duel To The Debt
Strategy

Here’s Why You Should Never Trust An Economics Major

[credit provider=”AP Images” url=”http://www.politico.com/news/stories/1210/46599.html”] Follow @bakadesuyo“What did you major in at college?” might be a good questions for that next first date or before starting a business partnership.
Here’s Why You Should Never Trust An Economics Major
Markets

The Logical Outcome Of Keynesian Economics Is A Spiral Of Decline

Perhaps the greatest modern champion of central economic planning was the 20th century English economist John Maynard Keynes. Keynes, who was a political socialist and for a time a central banker, advocated the idea that the government should play a large, active role in the economy. Among the consequences of […]
The Logical Outcome Of Keynesian Economics Is A Spiral Of Decline
Markets

Why Neoclassical Economics Doesn’t Work In The Age Of Deleveraging

The “Global Financial Crisis”, which began in late 2007, marked a turning point in the nature of market economies. Their performance from at least the mid-1960s had been under-written by a faster growth of private debt than of GDP: this was the “Age of Leverage”. In late 2007, the growth […]
Why Neoclassical Economics Doesn’t Work In The Age Of Deleveraging
Markets

Government Austerity Programs Hurt Economic Growth

[credit provider=”AP”] In his classic Fable of the Bees: or, Private Vices, Publick Benefits (1724), Bernard Mandeville, the Dutch-born British philosopher and satirist, described – in verse – a prosperous society (of bees) that suddenly chose to make a virtue of austerity, dropping all excess expenditure and extravagant consumption. What then happened?The […]
Government Austerity Programs Hurt Economic Growth
News

These Are The 20 Least Economically Free Nations In Europe

[credit provider=”NASA via Wikimedia Commons”] According to the Heritage Foundation, economic freedom is the right everybody should have to control his or her own labour and property. In a society with complete economic freedom people are free to undertake any economic activity, be it working, producing or investing, in any […]
These Are The 20 Least Economically Free Nations In Europe
News

Swiss Franc The Most Overvalued Currency In The World According To Big Mac Index

[credit provider=”Flickr” url=”http://www.flickr.com/photos/pointnshoot/432984523/”] According to the Economist’s “burgernomics,” the Swiss Franc is the most overvalued currency in the world. The publication’s Big Mac Index compares the price of the McDonald’s burger in 100 countries across the world in order to compare the value of currencies. And, a Big Mac in Switzerland costs […]
Swiss Franc The Most Overvalued Currency In The World According To Big Mac Index
Strategy

Meet Alex McFarland: He Makes Almost $50,000 A Year Selling Candy On The Subway

[credit provider=”Youtube | jlandryst7 ” url=”http://www.youtube.com/watch?v=FKHS7LiQ5sw”] The idea that an itinerant New York City candy vendor pulls in $150 a day ought to have spawned one of the great feel-good financial news stories of 2011.Here are the details: for almost a decade and a half, Alex McFarland, known as “Tracks” […]
Meet Alex McFarland: He Makes Almost $50,000 A Year Selling Candy On The Subway
Markets

The Best Fantastical Pseudo Economics Of The Year

Since the media are full of “year in review” pieces, I thought I’d make a contribution of my own. One of the best things about being a blogger is being able to comment quickly on the most outrageous, nonsensical assertions presented in the guise of analysis.
The Best Fantastical Pseudo Economics Of The Year
News

8 European Leaders Who Saved The Continent From Economic Doom

[credit provider=”Wikimedia commons” url=”http://upload.wikimedia.org/wikipedia/commons/5/5e/BismarckDogs.jpg”] As Europe looks like it really needs a leader to take negotiations by the reign and push something through, we though we’d have a look back at some guys who’ve navigated through an economic storm before. While, there was no EU in the first century, but from […]
8 European Leaders Who Saved The Continent From Economic Doom
Markets

There Wouldn’t Have Been A Financial Crisis If We Taught Economics The Right Way

[credit provider=”Daniel Goodman / Business Insider”] Early last month, a group of students staged a walkout in Harvard’s popular introductory economics course, Economics 10, taught by my colleague Greg Mankiw.Their complaint: the course propagates conservative ideology in the guise of economic science and helps perpetuate social inequality.
There Wouldn’t Have Been A Financial Crisis If We Taught Economics The Right Way
Markets

Do You Fund Start Ups Or Store Fronts?

A lot of people are starting to come to the stark realisation that even if they love big government programs, they can’t pay for them without a healthy business sector. Even Austan Goolsbee has stated that we need growth.
Do You Fund Start Ups Or Store Fronts?
Lifestyle

How Is Art A $5.8 Billion Market Right Now?

[credit provider=”Joe Raedle / Getty”] Walking around Miami Beach last weekend, taking in the 10th edition of its extravagant Art Basel art fair, you sensed something strange in the air. Patou’s “Joy” drifting off the pashmina? Polished walnut wafting out of the Bentleys?More basic than either: the ineffable aroma of […]
How Is Art A $5.8 Billion Market Right Now?
Markets

The 17 Hottest Economies In The World

[credit provider=”Patrick Hoesly on Flickr” url=”http://www.flickr.com/photos/zooboing/4183279204/”] With the sudden lower revision to U.S. GDP this morning, economists remain concerned that slow growth will continue to be a thematic element as the country progresses.However, there are many other nations where GDP continues to swell at a blistering pace.
The 17 Hottest Economies In The World
Markets

ROBERT SHILLER: There’s About To Be A Revolution In Economics

Economics is at the start of a revolution that is traceable to an unexpected source: medical schools and their research facilities. Neuroscience – the science of how the brain, that physical organ inside one’s head, really works – is beginning to change the way we think about how people make […]
ROBERT SHILLER: There’s About To Be A Revolution In Economics
Markets

How To Make Economics Sexy

Daniel S Hamermesh is Sue Killam Professor in the Foundation of Economics at the University of Texas at Austin and Professor of labour Economics, Maastricht University.
How To Make Economics Sexy
Markets

15 Smart Things Adam Smith Said About Money

[credit provider=”Wiki Commons” url=”http://commons.wikimedia.org/wiki/File:Wealth_of_Nations_title_RZ.jpg”] Adam Smith. Father of capitalism. Coined “the invisible hand.” Wrote the oft referred to but rarely read, “Wealth of Nations.”He was also a deeply odd guy who mumbled to himself in public, lived with his mother until she died and ordered all of his many papers […]
15 Smart Things Adam Smith Said About Money
Lifestyle

The 16 Most Expensive Substances In The World

[credit provider=”Wikimedia Commons”] Gold means luxury right? The precious metal is widely associated with royalty and wealth.Turns out the stuff is actually a lot cheaper than some other rare commodities.
The 16 Most Expensive Substances In The World
Markets

No, This Is The Most Dangerous Economist In The World

Christina Romer is the most dangerous woman in America right now. As an economics professor at the University of Berkeley, she’s charged with educating the next generation of productive citizens. She also formerly chaired the Council of Economic Advisors under President Obama.
No, This Is The Most Dangerous Economist In The World
News

These Are The 10 Most Powerful People In Europe Right Now

[credit provider=”NASA via Wikimedia Commons”] Forbes has just published its annual list of the world’s most powerful people which is sure to cause no little debate.There’s sure to be plenty of arguments over who did and didn’t make the list. Maybe, just maybe, there might be one or two eyebrows […]
These Are The 10 Most Powerful People In Europe Right Now
Markets

Sit Back And Enjoy These Stunning Charts On The Rise Of Manufacturing Complexity

[credit provider=”Atlas of Economic Complexity” url=”http://infosthetics.com/archives/2011/10/the_atlas_of_economic_complexity_visualizing_global_economic_growth.html”] The products we use everyday are complex combinations of specialised knowledge.Harvard and MIT released a report, “The Atlas of Economic Complexity,” visually mapping the vast knowledge contained within the products we use. And then they show how complex products benefit a country’s economy and […]
Sit Back And Enjoy These Stunning Charts On The Rise Of Manufacturing Complexity
Markets

The 15 Fastest-Growing Economies In The World

[credit provider=”AP” url=”http://www.apimages.com/OneUp.aspx?st=k&kw=zambia%20farm&showact=results&sort=creationdatelower%3Areversealphabetical&intv=None&sh=10&kwstyle=and&adte=1302622436&pagez=60&cfasstyle=AND&rids=2e98e5a29ae5da11af9f0014c2589dfb&dbm=PY2002&page=1&xslt=1&mediatype=Photo”] While the Eurozone and the United States are scrambling to figure out how to grow their economies, these countries are sailing ahead quite nicely.We checked out the countries with the fastest growing GDPs, and what their actual GDP numbers are through Bloomberg, and then tried to figure […]
The 15 Fastest-Growing Economies In The World
News

Rick Perry Promises Dubious Economic Miracle With Flat Tax

Texas Governor Rick Perry’s presidential campaign is predicting that his 20-20 flat tax plan will grow the economy by over $11 trillion from 2014 to 2020, according to an analysis conducted by John Dunham and Associates (JDA) for the campaign and obtained by Business Insider.
Rick Perry Promises Dubious Economic Miracle With Flat Tax
News

Treasury Shreds The GOP’s Anti-Regulatory Jobs Plan

[credit provider=”www.flickr.com” url=”http://www.flickr.com/photos/wwworks/2895964373/sizes/o/in/photostream/”] Jan Eberly, the newly-minted Assistant Secretary for Economic Policy, is out with a blog post on the Treasury Department website attacking GOP claims that regulatory uncertainty is slowing the economy.Republicans have made repealing regulations a signature part of their jobs agenda — planning weekly votes on easing the […]
Treasury Shreds The GOP’s Anti-Regulatory Jobs Plan
Strategy

Coupon Websites Are Taking The Wrong Approach

[credit provider=”Flickr” url=”http://www.flickr.com/photos/groupon/6166710591/”] Coupons, as a promotional strategy, have been around for over a hundred years. But they will continue to flourish only if the coupon sites don’t mess them up.  Or if the fundamental premise of coupons itself, changes. Rather than serve as promotions to capture an economic segment, […]
Coupon Websites Are Taking The Wrong Approach
Strategy

Why It’s So Tough To Replicate Silicon Valley

Nations around the world are trying to replicate Silicon Valley. But you can’t simply “take one great research university, add venture capital, and shake vigorously,” says Richard Florida in his article for The Atlantic, How Startups Have Changed The Way American Business Thinks.Rather, he says, “America’s Start-Up Economy emerged out […]
Why It’s So Tough To Replicate Silicon Valley
Markets

The Error That’s Run Through Economics For 77 Years

[credit provider=”metropilot / flickr” url=”http://www.flickr.com/photos/metropilotcom/2359848520/”] This post is an introduction to a detective story about an error.An error that passed undetected by some of the greatest minds of the twentieth century, and led economics down a path that now must be cast into question.
The Error That’s Run Through Economics For 77 Years
News

Romney Blows Away GOP Field In Economic Debate

[credit provider=”Bloomberg TV” url=”http://www.bloomberg.com/tv/”] The Republican presidential candidates will faced off in the Bloomberg-Washington Post debate in New Hampshire tonight — the first devoted just to the economy.This was the third debate since labour Day, a time in which the primary field has been turned on its end.
Romney Blows Away GOP Field In Economic Debate
News

If Rick Perry Doesn’t Deliver Tonight, His Campaign Is Over

[credit provider=”eschipul via flickr” url=”http://www.flickr.com/photos/eschipul/5047775028/sizes/m/in/photostream/”] Texas Gov. Rick Perry has had three chances to introduce himself to GOP voters — and each time he has failed to make a good impression.His campaign has stumbled on issues like Social Security and immigration, and has been forced to fend off accusations of […]
If Rick Perry Doesn’t Deliver Tonight, His Campaign Is Over
News

These Rich People Support Obama’s Millionaire Tax

President Barack Obama’s proposed “Buffett Rule” has been nothing short of controversial, and everyone is weighing in on the feasibility of the tax on millionaires and what it means for America. From denouncements of class warfare by Congressional Republication to showers of support from Americans, we’ve heard about it all. The […]
These Rich People Support Obama’s Millionaire Tax
News

Senate Democrats Want To Pay For Obama’s Jobs Bill With A $400 Billion Millionaires Tax

[credit provider=”AP” url=”http://www.apimages.com/secured_user/Download.aspx?st=dl&id=f8cd0d41c0e64b7382b96fe2cced027d&isgb=false”] Facing opposition in his caucus to the current package of new revenues in President Barack Obama’s jobs bill, Senate Majority Leader Harry Reid is considering replacing them with a five per cent surtax on those with incomes over $1 million.The move is largely a political stunt, after Reid […]
Senate Democrats Want To Pay For Obama’s Jobs Bill With A $400 Billion Millionaires Tax
Strategy

The 16 Most Creative Countries In The World

[credit provider=”www.facebook.com” url=”http://www.facebook.com/teamsurprise”] A study released yesterday by the Martin Prosperity Institute ranks 82 countries on their creativity.Turns out creativity is a driving force in the economy: the study found great correlations between creativity and economic progress, human development, and happiness, among other factors.
The 16 Most Creative Countries In The World
News

Obama Demands Congress Vote On His Jobs Bill By The End Of The Month

[credit provider=”AP Photo/Chris Carlson”] President Barack Obama said he is calling on Congress to hold votes on his jobs bill by the end of the month, after weeks of legislative stalling on the controversial bill.Speaking at the start of a Cabinet meeting, Obama said he would be in touch with […]
Obama Demands Congress Vote On His Jobs Bill By The End Of The Month
News

SHUTDOWN THREAT CONTINUES: House And Senate Square Off Over Disaster Aid

[credit provider=”AP”] With just five days to avert a government shutdown, congressional lawmakers have made little progress at ending a weeks-long stalemate over disaster aid.The House passed a temporary spending bill on Thursday night before leaving town for the week, which included  spending cuts to green jobs programs to offset an […]
SHUTDOWN THREAT CONTINUES: House And Senate Square Off Over Disaster Aid
News

Obama Tells Congressional Black Caucus To ‘Stop Grumbling’

[credit provider=”AP Photo/Manuel Balce Ceneta”] President Barack Obama addressed the Congressional Black Caucus Annual Phoenix Award Dinner Saturday night to send a message to an increasingly restless base that he has not forsaken them.Members of the CBC spent much of the August recess hosting jobs fairs across the country — […]
Obama Tells Congressional Black Caucus To ‘Stop Grumbling’
News

SHUTDOWN SHOWDOWN: Congress Squares Off Over Disaster Aid

[credit provider=”AP Photo/Charles Dharapak”] The Senate rejected the House funding measure to avert a shutdown Friday morning, setting off a high-stakes game of political showmanship with one week until the government runs out of money.In mostly party-line vote, the upper chamber tabled the House bill, which would have funded the […]
SHUTDOWN SHOWDOWN: Congress Squares Off Over Disaster Aid
News

SHUTDOWN SHOWDOWN: No Deal In Sight To Avoid Government Shutdown — Again

[credit provider=”AP”] An already contentious debate over funding the government past September 30 intensified Thursday as Republicans amended their bill to be more amenable to GOP lawmakers and Democrats pledged to oppose it.In what is at latest government shutdown threat this year, without action by the start of the new […]
SHUTDOWN SHOWDOWN: No Deal In Sight To Avoid Government Shutdown — Again
News

The Five Courses Rick Perry Should Have Paid More Attention To In College

[credit provider=”Flickr Gage Skidmore” url=”http://www.flickr.com/photos/gageskidmore/5854805421/”] Texas Governor and Republican presidential front-runner Rick Perry’s college transcript was leaked to The Huffington Post. It’s ugly; with lots of C’s and D’s. Perry graduated from Texas A&M University in 1972 with a degree in Animal Science, but he probably should have put more effort […]
The Five Courses Rick Perry Should Have Paid More Attention To In College
News

OBAMA: ‘I Am A Warrior For The Middle Class’

[credit provider=”AP Photo/Pablo Martinez Monsivais”] In a fiery political — and personal — speech in Cincinnati to push his jobs plan, President Barack Obama called out Speaker of the House John Boehner on his home turf.Speaking in front of a “functionally obsolete” bridge miles from Boehner’s home district that connects […]
OBAMA: ‘I Am A Warrior For The Middle Class’
News

The World’s Top 10 Universities For Economics

[credit provider=”genericface via Flickr” url=”http://www.flickr.com/photos/genericface/330515734/”] With the current state of the economy, good economists are in high demand.  But which schools are currently producing the world’s best?The UK and US still dominate the field of economic education, according to the QS World University Rankings, which is based on international surveys […]
The World’s Top 10 Universities For Economics
News

Obama Unveils Tax Increases, Geithner Faces Grilling

[credit provider=”AP Photo/Paul Sancya”] President Barack Obama unveiled his deficit reduction proposal this morning, including $1.5 trillion in tax increases.Calling once again for an end to partisanship, Obama gave a decidedly political speech — slamming Speaker of the House John Boehner’s opposition to tax increases.
Obama Unveils Tax Increases, Geithner Faces Grilling
News

Obama To Propose $1.5 Trillion In Tax Increases

[credit provider=”AP Photo/Kevin Lamarque, POOL”] President Barack Obama will ask the Super Committee to double its mandate and cut $3 trillion from the federal deficit, according to White House officials, with half of the savings coming from tax increases on corporations the wealthy.Republicans have already rejected a central component of […]
Obama To Propose $1.5 Trillion In Tax Increases
News

Eric Schmidt: ‘Ludicrous’ That Congress Won’t Pass Another Stimulus

[credit provider=”Asa Mathat | All Things Digital”] In an interview with Christiane Amanpour, on ABC’s “This Week,” Google executive chairman Eric Schmidt blamed partisan bickering and the resulting uncertainty for slowing the economy’s recovery.”The real problem is not the business community. The real problem is: The Democrats and the Republicans fight for […]
Eric Schmidt: ‘Ludicrous’ That Congress Won’t Pass Another Stimulus
News

Clinton To Obama: There Is No Need To Panic

[credit provider=”NBC”] Former President Bill Clinton told President Barack Obama not to listen to the advice of his former advisor James Carville to fire his economic team.On NBC’s Meet the Press, Clinton said Obama should keep his economic team in place, “because he has a good economic plan.” 
Clinton To Obama: There Is No Need To Panic
News

SHOCKER! GOP Rejects Obama’s Tax Hikes On The Rich As ‘Class Warfare’

[credit provider=”Wikimedia Commons”] Senate Minority Leader Mitch McConnell (R-KY) rejected the “Buffett Rule,” President Barack Obama’s plan to create a new minimum tax rate for those making over $1 million a year.In an appearance on NBC’s Meet The Press, McConnell told David Gregory that there is bipartisan opposition to the […]
SHOCKER! GOP Rejects Obama’s Tax Hikes On The Rich As ‘Class Warfare’
News

Republicans Outline Areas For Compromise With Obama On Jobs

[credit provider=”flickr” url=”http://www.flickr.com/photos/republicanconference/4056826266/sizes/l/”] In a memo to House Republicans, the GOP leader outlined the areas for compromise with President Barack Obama on his jobs plan.They also expressed relief — for the sake of unemployed Americans — that Obama has begun to move off his hardline “all or nothing” demand that […]
Republicans Outline Areas For Compromise With Obama On Jobs
News

Cantor Says GOP Can’t Support Obama’s Jobs Plan

[credit provider=”CNBC”] House Majority Leader Eric Cantor said he rejects President Barack Obama’s “all-or-noting approach” to job creation, adding he cannot support the president’s request for tax increases to pay for his $447 billion jobs bill.”By the president saying, ‘Pass my jobs bill,’ you know, he’s insisting in saying, ‘Cram it […]
Cantor Says GOP Can’t Support Obama’s Jobs Plan
News

Boehner To Call For ‘Liberation’ Of American Economy In Jobs Speech

[credit provider=”Flickr” url=”http://www.flickr.com/photos/gopleader/4156380948/sizes/m/in/photostream/”] Speaker of the House John Boehner will highlight the Republican jobs plan, and address President Barack Obama’s, in an address to the Economic Club of Washington today.In a speech titled “Liberating America’s Economy,” Boehner will call for an end to “excessive regulation, higher taxes, and out-of-control spending” […]
Boehner To Call For ‘Liberation’ Of American Economy In Jobs Speech
News

Goldman: Obama Jobs Plan Would Provide 1.25% GDP Bump In 2012, But It’s Not Passing

[credit provider=”Flickr” url=”http://www.flickr.com/photos/davidsilver/5227589198/sizes/m/in/photostream/”] President Barack Obama’s jobs plan would provide a 1.25 per cent increase to GDP next year, according to an analysis by Goldman Sachs — but its chances of passing are lower than ever.Expectations for the plan were never high — but Obama’s “pay-fors” have effectively scuttled the […]
Goldman: Obama Jobs Plan Would Provide 1.25% GDP Bump In 2012, But It’s Not Passing
News

Obama Just Gave Republicans The Excuse They Needed To Kill His Jobs Plan

[credit provider=”Wikimedia Commons” url=”http://commons.wikimedia.org/wiki/File:Bipartisan_Congressional_leadership_meeting_February_2010.jpg”] President Barack Obama appeared to have GOP lawmakers in a pickle over the weekend — struggling with whether to oppose his jobs plan even though its stimulus measures consist mostly of tax cuts. But his newly-announced tax increases to pay for the bill appears to have […]
Obama Just Gave Republicans The Excuse They Needed To Kill His Jobs Plan
News

REVEALED: Obama’s Jobs Plan To Raise $400 Billion In Taxes

[credit provider=”AP Photo/Kevin Lamarque, POOL”] White House Office of Management and Budget Director Jack Lew outlined President Barack Obama’s plan to pay for his $447 billion jobs plan — mostly through tax increases.Lew said itemized tax deductions and exemptions for those making more than $200,000, and families earning more than […]
REVEALED: Obama’s Jobs Plan To Raise $400 Billion In Taxes
Markets

Why The Economy Might Not Be As Bad As You Think

[credit provider=”iStockPhoto”] When it comes to the U.S. economy, there’s a lot of “gloom and doom” out there—bad news sells.Nevertheless, here are a few points about the U.S. economy that you may not have heard about:
Why The Economy Might Not Be As Bad As You Think
News

Obama: Jobs Plan “Buys Us Insurance From A Double-Dip Recession”

[credit provider=”WSB-TV”] In an interview with NBC News’ Brian Williams that aired on the Today Show this morning, President Barack Obama said his jobs plan “buys us insurance from a double-dip recession.””When you look at what independent economists are saying about the American Jobs Act, my jobs plan, uniformly what they […]
Obama: Jobs Plan “Buys Us Insurance From A Double-Dip Recession”
News

Clock Ticks Toward U.S. Government Shutdown, As Congress Begins ‘Crazy’ Three Weeks

[credit provider=”Tommy Ironic on Flickr” url=”http://www.flickr.com/photos/tommy-ironic/61969725/sizes/l/in/photostream/”] The federal government’s new fiscal year begins on October 1st, and Congress is nowhere near passing a new budget — meaning a shutdown is likely if lawmakers can’t get their act together.While the debt deal passed in early August listed the maximum amount of […]
Clock Ticks Toward U.S. Government Shutdown, As Congress Begins ‘Crazy’ Three Weeks
News

Obama To Reveal How He’s Paying For His Jobs Plan Today

[credit provider=”AP Photo/Paul Sancya”] President Barack Obama will formally present his $447 billion jobs plan to Congress today, after a speech from the White House encouraging to pass the bill.Obama unveiled his proposal in broad strokes to a Joint Session of Congress on Thursday night, asking them to “pass this […]
Obama To Reveal How He’s Paying For His Jobs Plan Today
News

PAWLENTY ENDORSES ROMNEY

[credit provider=”Gage Skidmore via Flikr”] Former Minnesota Gov. Tim Pawlenty just endorsed former Mass. Gov. Mitt Romney in an interview on Fox News, announcing he will become co-chair of his former opponent’s campaign.Pawlenty called Romney the “complete package,” but specifically cited his leadership on the economy as the reason for his […]
PAWLENTY ENDORSES ROMNEY
News

Politics In 60 Seconds

Good morning. Here’s the news:1. The Taliban yesterday detonated a powerful truck bomb at a major military base in eastern Afghanistan near Kabul, killing five Afghan civilians and injuring 77 American troops. The blast was timed to coincide with the 10th anniversary of 9/11.
Politics In 60 Seconds
News

The Only Thing Obama’s Jobs Speech Accomplished

[credit provider=”AP Photo/Kevin Lamarque, POOL”] The key thing you need to know about last night’s jobs speech is that Democrats liked it.President Barack Obama did much to halt his administration’s meandering slide toward unelectability, but his speech stopped short of providing him a jolt in the other direction.
The Only Thing Obama’s Jobs Speech Accomplished
News

Democrats Want Everyone To See This Analysis Of Obama’s Jobs Bill

[credit provider=”AP Photo/Paul Sancya”] Moody’s Analytics Chief Economist Mark Zandi told USA Today that President Barack Obama’s American Jobs Act would create 2 million jobs and grow the economy by 2 per cent — one of the most optimistic projections released so far.
Democrats Want Everyone To See This Analysis Of Obama’s Jobs Bill
News

Obama Pleads With Congress ‘Pass This Plan’ — Or Else

[credit provider=”AP Photo/Kevin Lamarque, POOL”] President Barack Obama will give the most important speech of his presidency tonight to a Joint Session of Congress, challenging lawmakers to put aside months of partisan rancor and pass his jobs plan.Weighed down by a stagnant unemployment rate, a sputtering economy, and criticism from […]
Obama Pleads With Congress ‘Pass This Plan’ — Or Else
News

BREAKING: Read The First Excerpts Of Obama’s Jobs Speech

[credit provider=”AP Photo/Pablo Martinez Monsivais, Pool”] President Barack Obama will give the most important speech of his presidency tonight to a Joint Session of Congress, challenging lawmakers to put aside months of partisan rancor and pass his jobs plan.Weighed down by a stagnant unemployment rate, a sputtering economy, and criticism […]
BREAKING: Read The First Excerpts Of Obama’s Jobs Speech
News

The Complete Guide To What To Expect From Barack Obama’s Jobs Speech Tonight

[credit provider=”Wikimedia Commons” url=”http://commons.wikimedia.org/wiki/File:Obama_Boehner_State_of_the_Union_2011.jpg”] President Barack Obama will address a Joint Session of Congress tonight at 7 p.m. to present his economic growth plan, “The American Jobs Act” to the American people.The speech comes at a pivotal moment in Obama’s presidency, under pressure from both sides of the aisle to […]
The Complete Guide To What To Expect From Barack Obama’s Jobs Speech Tonight
News

Al Gore Just Took A Big Shot At Obama

Former Vice President Al Gore criticised President Barack Obama’s decision to withdraw a $90 billion clean air regulation last week in a post on his blog.
Al Gore Just Took A Big Shot At Obama
News

Republicans Line Up To Kill The Obama Jobs Plan

[credit provider=”AP”] Republican lawmakers are preparing to oppose President Barack Obama’s jobs plan — even before it is announced — citing its $300 billion price tag.Obama will use his speech tomorrow night press Congress to pass his proposal, which will include an extension and expansion of the payroll tax cut, […]
Republicans Line Up To Kill The Obama Jobs Plan