Related Content: economy
Obama and House Republicans Offer Taste of Renewed Fight Over the Debt CeilingEssential Reads President Obama and Congressional Republicans staged a preview of a looming end-of-year battle on Wednesday, as the president warned Republicans that he would not allow Congress to hold the economy “hostage” to another fight over whether to raise the country’s debt ceiling without accompanying cuts in spending.
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Seeking the Missing Five Million WorkersEssential Reads In the past two years, the over-age-16 population of U.S. has grown by 5.4 million. But the "labor force" hasn't grown at all. David Wessel on The News Hub looks at what's behind the drop and why you should care. |
2008 Bank BailoutVault Show The 2008 financial crisis and bank bailouts have undoubtedly shaped the current economy and the politics leading to the 2012 Presidential election. How did the 2008 presidential candidates John McCain and Barack Obama approach these subjects in their campaigns? Joining Gwen: Jeff Zeleny, New York Times; Charles Babington, Associated Press; John Dickerson, Slate/CBS News; Jeanne Cummings, Politico. |
High Stakes in Romney-Obama Battle over Bain, EconomyEssential Reads President Obama’s Chicago-based campaign team has been waiting months to launch a real attack against Mitt Romney’s experience at Bain Capital. Even before Romney’s Republican presidential rivals started going after him, Obama’s campaign was preparing for the moment that arrived this week. |
Taxmageddon Sparks Rising AnxietyEssential Reads Defense contractors have slowed hiring. Tax advisers are warning firms not to count on favorite breaks. And hospitals are scouring their books for ways to cut costs. Across the U.S. economy, anxiety is rising about the potential for widespread disruptions after the November election, when a lame-duck Congress will have barely two months to resolve a grinding standoff over taxes and spending. |
Asked About Gay Rights, Boehner Sticks to EconomyEssential Reads One day after President Barack Obama roiled the political world by declaring his support for gay marriage, House Speaker John Boehner (R., Ohio) Thursday seemed determined to keep his distance from the subject. Pressed on the gay marriage issue at his weekly press conference, Mr. Boehner repeatedly tried to steer the discussion back to the economy. |
The Pace We've Come to ExpectEssential Reads For the second month in a row, America’s labour market has disappointed, once again raising questions about whether the economic recovery is truly entrenched. Nonfarm payrolls rose just 115,000 in April from March. While the unemployment rate dipped to 8.1%, the lowest since early 2009, from 8.2%, it did so for the wrong reason: the labour force (those working or looking for work) shrank by 342,000. |
While Obama Dominates Foreign Policy, Romney Sticks to EconomyEssential Reads Mitt Romney had a tough act to follow. The Republican presidential contender was stumping in the Virginia 'burbs on Wednesday, just hours after President Obama basked in the glory of a prime-time, nationally televised victory speech from an Afghanistan war zone. The contrast was one of the first of what will be many reminders in the 2012 campaign of the disadvantages of running against a sitting president. |
'Forward' Starts in Reverse; Obama Campaign Anchors 2012 Message to Economic Deluge of 2008Essential Reads The first 38 seconds of President Obama's new 7-minute campaign video are devoted to the economic deluge he inherited. Team Obama doesn't blame President Bush's administration for this bitter economic bequest by name, but the inference is inescapable. |
Fewer Americans Form Households After Recession, Hampering Economic RecoveryEssential Reads It had been a long road, but when Sabrina Torres received her master’s degree in 2010, she was sure it would eventually pay off in a good job that would allow her to afford an apartment. She is still waiting. The American University graduate’s financial struggles have prevented her from living on her own, making her part of a dramatic slowdown in household formation that is both a consequence of the economic downturn and a continued obstacle to overcoming it. |
