Category: Economics
Economics:
Obama's Green Jobs Program Comes at A High Price
The White House announced Friday the awarding of $2.3 billion in tax credits — the money comes from last year’s stimulus bill — to companies to create “green jobs.”
The announcement was rather obviously timed to counter the news that the nation lost 85,000 jobs last month and the unemployment rate stayed at 10% — bad news for an administration that once promised to hold unemployment to 8% by the end of 2009.
Source: http://blogs.investors.com/capitalhill/index.php/home/35-pol...
Economics:
Obama to make statement on economy on Friday
WASHINGTON (Reuters) - U.S. President Barack Obama will make a statement on the economy at 2:40 p.m. EST/1940 GMT on Friday, a senior administration official said on Thursday.
Source: http://www.reuters.com/article/idUSTRE6070MG20100108?type=po...
Economics:
The Politics of the Government Healthcare Bill
As the Government Healthcare Bill passes the Senate with a 60-40 vote, how are Conservatives to react? Responding to a crass email received from a lawyer who would benefit from the new healthcare system, Gary examines the politics behind the bill and what the American people may expect should it be made into law.
Source: http://www.americanvision.org/media/download/the-politics-of...
Economics:
Moment of Truth for Health Care in Senate After Deadline Bargaining
Senate Majority Leader Harry Reid decided to unveil a final package of changes in the long-debated legislation on Saturday "and is confident that it will prevail," his spokesman, Jim Manley, said in a late-night statement.
Source: http://www.foxnews.com/politics/2009/12/18/nelson-cites-real...
Economics:
House Passes Broad Wall Street Regulatory Overhaul
The House of Representatives on Friday passed the most ambitious restructuring of financial regulation since the New Deal of the 1930s
Source: http://www.foxnews.com/politics/2009/12/11/house-set-final-v...
Economics:
Stocks Rise at Open After Better Retail Sales Data
Stock futures pointed to a higher open on Wall Street Friday after a report on retail sales showed consumers are picking up their spending.
Source: http://www.foxnews.com/politics/2009/12/11/stocks-rise-open-...
Economics:
Michelle Obama racism row - what's it based on?
This recent BBC News header was typical of the news headlines worldwide on the story
Source: http://creation.com/obama-racism-row
Economics:
Divided Senate poised to start health care debate
Senate Democrats face deep divisions within their ranks as they begin debate Monday on President Barack Obama's health care overhaul, with the recent all-hands-on-deck coalition frayed over abortion and the option of government-run insurance.
Source: http://www.google.com/hostednews/ap/article/ALeqM5jlMpJGn28k...
Economics:
9,000 Marines to Afghanistan?
President Obama is expected to announce Tuesday an additional 30,000-35,000 U.S. troops to Afghanistan, which reportedly may start with 9,000 Marines being deployed to southern Afghanistan followed by 1,000 Army trainers in February.
Source: http://www.foxnews.com/politics/2009/11/29/k-marines-reporte...
Economics:
Jobless claims off, spending up in sign of rebound
In a hopeful sign, the number of newly laid-off workers filing claims for unemployment benefits fell below 500,000 last week for the first time since January.
Source: http://apnews.myway.com/article/20091125/D9C6LFF00.html