June 3, 2011 |
President Obama on Friday morning headed to Ohio, where he was expected to defend his economic policies after a poor unemployment report released just hours earlier. The Department of Labor reported that the jobless rate grew to 9.1% in May, but even more discouraging, the net increase in employment was just 54,000 jobs, a significant decline from past months. The relatively low job-creation number is a sign of at least a softening in the jobs market, a poor omen for Obama’s reelection campaign.
March 8, 2012 |
In a campaign thus far dominated by 30-second ads and debate sound bites, President Obama's reelection effort is taking a more expansive approach is it begins making its case to voters in earnest. Obama 2012 on Thursday released a two-minute trailer for what is ultimately set to be a 17-minute documentary that advisors say will "put into perspective" the challenges that the president has faced and the difficult choices he has made in an effort to put the American economy back on track.
June 7, 2011 |
Former Minnesota Gov. Tim Pawlenty delivered the first major speech of his Republican presidential campaign in President Obama's hometown, blistering the president's handling of the economy and proposing tax cuts for businesses and individuals. Speaking at the University of Chicago's Harris School of Public Policy, across the street from where Obama once lectured at the university law school, Pawlenty contended his proposals combining lower tax rates with an emergency freeze on spending would be a "better deal" than what the Obama administration was offering.
August 30, 2011 |
President Obama is moving to install labor specialist Alan Krueger as chairman of his Council of Economic Advisors in an effort to bolster the depleted White House economic team as it girds for a political campaign that's expected to focus on jobs and growth. In nominating Krueger, Obama picked a highly respected specialist in employment and the workforce who served as chief economist at the Treasury Department in the first two years of the Obama administration. During that time, Krueger, 50, worked on tax incentives to encourage employment and on programs that sparked auto purchases and municipal building projects — the kinds of plans Obama is expected to unveil in coming weeks to spur job creation.
August 7, 2011 |
The central question facing Barack Obama's 2012 reelection campaign is this: Can the president persuade voters to let him keep his job when so many of them have lost theirs? Last week, after another run of bad economic news, the president and his staff tried their best to sound upbeat. In public, they barely acknowledged the alarming slump in the world's financial markets; the numbers to look at, Obama said, were the Labor Department's revised job creation estimates for the last three months.
August 12, 2011 |
As he confronts the threat of another recession and turmoil in the financial markets, President Obama is being advised by an economic team that is noticeably short on big-name players - potentially hurting his ability to find solutions and sell them to Wall Street, Congress and the American public. "When you ask about the economic team, it's kind of like, 'What economic team?'" said Edward Mills, a financial policy analyst with FBR Capital Markets. "They are very thin at a very critical time.
September 11, 2010
SATURDAY Today (N) 6 a.m. KNBC Good Morning America (N) 7 a.m. KABC McLaughlin Group 6:30 p.m. KCET SUNDAY CBS News Sunday Morning Ben Affleck; Attorney General Eric Holder. (N) 6 a.m. KCBS Today David Gregory; Tony Dungy. (N) 6 a.m. KNBC Good Morning America (N) 6 a.m. KABC State of the Union With Candy Crowley Midterm elections: Former Rep. Dick Armey (R-Texas); Former Sen. Trent Lott (R-Miss.). 6 and 9 a.m. CNN Fareed Zakaria GPS 7 and 10 a.m. CNN Face the Nation Rep. John Boehner (R-Ohio)
October 5, 2012 |
WASHINGTON -- Former General Electric Chief Executive Jack Welch charged Friday that the White House manipulated the sharp drop in the unemployment rate to help President Obama's reelection campaign. Minutes after the Bureau of Labor Statistics reported that the September unemployment rate had surprisingly plunged to 7.8% from 8.1%, Welch took to Twitter to say that the numbers were cooked to give Obama a boost following what many analysts said was a poor debate performance on Wednesday.