August 5, 2011 |
Even though the latest jobless numbers were slightly better than expected, Republican presidential candidates on Friday jumped on this week's economic turmoil and renewed fears of recession to castigate President Obama's policies and push their own agendas. The July unemployment numbers showed that the United States added 117,000 jobs in July, better than most economists had expected, but still below the number needed just to keep pace with people newly entering the job market. The unemployment rate dipped from 9.2% to 9.1%, but much of that improvement was because people had become discouraged and had dropped out of the jobs market.
January 18, 2009 |
Presidential inaugurations are in many ways the high-water marks of any presidency because they're so full of hope. All things seem possible. The rivalries and backbiting haven't set in yet, at least not publicly. Even the inevitable disappointments over Cabinet picks and White House staffing are tempered by the wide-eyed dreams of an ambitious agenda. Everyone -- or at least everyone who backed the guy -- has that "we can make this the best yearbook ever!" feeling. Then comes the letdown.
November 13, 2007 |
'The question is: Should we be giving an extra $120 billion to people in the top 1%?" So asked Gene Sperling, Hillary Clinton's chief economic advisor, at a recent National Press Club panel discussion. Translation: It's the government's money, and anything left over after Uncle Sam picks your pockets is a "gift."
July 30, 2011 |
The economic recovery faltered dramatically in the first half of the year, and that means more trouble ahead. The latest Commerce Department figures show that the nation's economic output was gasping for breath long before the debilitating debt-ceiling debate took center stage, further dimming prospects for 14 million unemployed Americans. The nation's total economic output grew at an anemic annual rate of 1.3% from April through June, below already weak expectations. And the government sharply scaled back its estimate of first-quarter growth to a feeble 0.4%, the lowest figure since the recession technically ended two years ago. "These are disastrous numbers for the economy," said Bernard Baumohl, chief global economist at the Economic Outlook Group.
September 28, 2010 |
The guessing game about who will replace Lawrence Summers as President Obama's top economic advisor is ramping up. With Wall Street and Washington fond of speculation, the names of two high-powered Southern Californians surfaced Tuesday to add to a growing list of possible successors for Summers as director of the National Economic Council. The latest buzz was that Obama would tap one of two big names from Newport Beach mutual fund giant Pacific Investment Management Co.: widely regarded fund manager Bill Gross or Chief Executive Mohamed El-Erian.
April 2, 2013 |
In his March 22 blog post criticizing proposals to switch from the consumer price index to "chained CPI" to determine cost-of-living adjustments for Social Security beneficiaries and other items in the federal budget, Michael Hiltzik claimed that there were "no grounds" for the statement made in a recent paper from the Moment of Truth Project (" Measuring Up, The Case for Chained CPI" ) that the chained CPI provides a more accurate measure of inflation than the measure currently used. In fact, experts across the ideological spectrum agree that the chained CPI is indeed more accurate.
April 12, 2013 |
Customized TV Listings are available here: www.latimes.com/tvtimes Click here to download TV listings for the week of April 14 -20, 2013 in PDF format This week's TV Movies SERIES Doctor Who The Doctor and Clara (Matt Smith, Jenna-Louise Coleman) land on a submarine in 1983 that has an alien on board. 5 and 8 p.m. BBC America Orphan Black Sarah (Tatiana Maslany) wants to leave town after learning she is a clone in this new episode.
February 14, 2014 |
Customized TV Listings are available here: www.latimes.com/tvtimes Click here to download TV listings for the week of Feb. 16 - 22, 2014 in PDF format This week's TV Movies See latest XXII Winter Olympics TV schedule here. SERIES MythBusters Herding cats doesn't sound easy; neither does catching a greased pig. But the team is going to test both, along with a few colorful barnyard myths, in this new episode. 8 p.m. Discovery Ghost Adventures Returning with two new episodes, paranormal investigators Zak Bagans, Nick Groff and Aaron Goodwin visit a castle related to the Dracula tales, then investigate an L.A. home they think is experiencing supernatural activity related to the Manson Family murders.
September 13, 2010 |
Signaling a potential deal on tax cuts, House Republican leader John A. Boehner said Sunday he'd be willing to preserve Bush-era rates for the middle class while letting them expire for the wealthy. The Obama administration wants to make the tax cuts permanent for families earning less than $250,000 a year and individuals earning less than $200,000. Republicans, and some Democrats, advocate keeping all the tax cuts, which will expire at the end of December unless Congress acts. That would preserve lower rates for all but about 3% of Americans.
September 6, 2012 |
CHARLOTTE, N.C. - California Lt. Gov. Gavin Newsom said early Thursday that he will run for governor in 2014 if Jerry Brown does not seek reelection. “If Jerry Brown doesn't run, I have every intention of running. If he does run, I have every intention of supporting him enthusiastically,” Newsom said, adding that there was no indication that Brown does not plan to seek reelection. He brushed aside questions about whether he would also be interested in a U.S. Senate bid if one of the state's two Democratic incumbents were to retire.