Republic of Korea President Lee Myung-bak tips his Detroit Tigers baseball hat
President Obama and South Korean President Lee Myung-bak at General Motors’ Orion Assembly Plant in Lake Orion, Michigan
President Obama is seen through a window backstage at the General Motors Lake Orion Assembly Plant in Orion Township, Mich., Oct. 14. (Official White House Photo by Pete Souza)
President Obama returns a salute as he gets off Air Force One at Air Force Base after a day trip to Michigan
AP: U.S. consumers stepped up their spending on retail goods in September, a hopeful sign for the sluggish economy.
They spent more on autos, clothing and furniture last month to boost retail sales 1.1 percent, the Commerce Department said Friday. It was the largest gain in seven months.
Auto sales rose 3.6 percent to drive the overall increase. Still, excluding that category, sales gained a solid 0.6 percent.
The government also revised the August figures to show a 0.3 percent increase, up from its initial report of no gain.
Stocks rose after the release of the report, which is the government’s first look at consumer spending each month. The Dow Jones industrial average climbed 87 points in afternoon trading. Broader indexes also rose.
A separate Commerce report showed that businesses added to their stockpiles for a 20th consecutive month in August while sales rose for a third straight month. The increase suggests businesses were confident enough in the economy to keep stocking their shelves.
Transportation Secretary Ray LaHood feigns being a blocking back for President Barack Obama as he arrives backstage to meet with GOP House leaders, January 2010
AP: Transportation Secretary Ray LaHood, the most prominent Republican in President Barack Obama’s administration, accused GOP House members Friday of putting their hope for the president to fail ahead of working toward solving the nation’s problems.
Responding to a question about why it was so difficult to get big infrastructure projects built right now, LaHood told a transportation conference that “some people don’t want Obama to be successful.”
“A big percentage of the Republicans that were elected this time came here to do zero, and that’s what they’ve done,” he said. Those lawmakers, he said, have obstructed other people who are trying to get things done.
…. “Here we are almost 12 months from the election and there are some people in Congress – look there are probably 40 people, 40 Republicans, elected to the House to come here to do nothing,” Lahood said. “That’s why they felt they were elected.”
…. “When I was elected in `94 we had a very reform-minded class, 82 new people, but they came here to do something, to solve problems,” he said. “Almost always in the past when people have run for Congress, they ran for Congress on the opportunity to help solve the problems of America.”
Paul Krugman: Reading the transcript of Tuesday’s Republican debate on the economy is, for anyone who has actually been following economic events these past few years, like falling down a rabbit hole. Suddenly, you find yourself in a fantasy world where nothing looks or behaves the way it does in real life.
And since economic policy has to deal with the world we live in, not the fantasy world of the G.O.P.’s imagination, the prospect that one of these people may well be our next president is, frankly, terrifying.
…. the G.O.P. has responded to the crisis not by rethinking its dogma but by adopting an even cruder version of that dogma, becoming a caricature of itself. During the debate, the hosts played a clip of Ronald Reagan calling for increased revenue; today, no politician hoping to get anywhere in Reagan’s party would dare say such a thing.
It’s a terrible thing when an individual loses his or her grip on reality. But it’s much worse when the same thing happens to a whole political party, one that already has the power to block anything the president proposes — and which may soon control the whole government.
Greg Sargent: By now you may have heard about that 78-year-old grandmother who is fully against Ohio’s new push to roll back collective bargaining rights for public employees – but who had her words brazenly torn out of context and put into an ad advocating for the measure.
The tale has gone national. And now the story is about to get even bigger: The grandma is set to appear in a pro-union ad denouncing the anti-union forces as “desperate” for stealing her words. This will likely earn much more attention to a fight which is now being viewed nationally as yet another major referendum on whether the right will succeed in breaking labor in the industrial heartland.
Could this blunder by the anti-union forces be decisive? Labor hopes so….
Washington Post: As a result of stimulus spending and increased funding through the 2010 health-care law, the number of clinicians participating in a federal program to expand access to care in under-served communities has nearly tripled in the past three years.
About 10,000 doctors, nurses and other providers now participate in the National Health Service Corps, the highest number since the program was established in 1972….Officials estimated that the corps is serving about 10.5 million patients.