Posts Tagged ‘economic

25
Jul
13

Rise and Shine

President Obama speaks about the economy during a visit to Knox College in Galesburg, Illinois, July 24

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Presidential Daily Schedule (All Times Eastern)

10:15: President Obama holds a bilateral meeting with President Truong Tan Sang of Vietnam

11:30: The President departs the White House

1:25: Arrives Jacksonville, Florida

1:55: Tours the Jacksonville Port Authority

2:35: Delivers remarks

3:40: Departs Jacksonville

5:35: Arrives the White House

8:45: Hosts an Iftar dinner

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Knox College, July 24

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Steve Benen: After a whole lot of buildup from the White House, President Obama delivered one of those rare speeches that has its own name: “A Better Bargain for the Middle Class.”

… This was a very forward-thinking speech. While Republican leaders regularly present a vision of a different kind of America – one without a safety net, without access to affordable health care, without retirement security, without education, without environmental protections, without the right to organize or bargain collectively, but plenty of Ayn Rand-approved “freedom” – this was the president’s opportunity to sketch out a more progressive alternative.

…. what Obama thinks should be next is a center-left approach, built on the belief that lasting prosperity comes from an economy that rejects a top-down model in which we help the rich and wait for wealth to someday trickle down, but focuses instead on a “middle-out” model that emphasizes the middle class. (The president used the phrase “middle class” 25 times in this speech.)

If the president’s detractors have anything even remotely as compelling, I’m eager to see it.

Full post here

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Statement by the President on Student Loans

A better bargain for the middle class means making a college education available to every single American willing to work for it.  That’s why I applaud the wide bipartisan majority of Senators who passed a bill to cut rates on nearly all new federal student loans, rolling back a July 1st rate hike and saving undergraduates an average of more than $1,500 on loans they take out this year.

This compromise is a major victory for our nation’s students.  It meets the key principles I laid out from the start: it locks in low rates next year, and it doesn’t overcharge students to pay down the deficit.  I urge the House to pass this bill so that I can sign it into law right away, and I hope both parties build on this progress by taking even more steps to bring down soaring costs and keep a good education – a cornerstone of what it means to be middle class – within reach for working families.

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Norm Ornstein: The Unprecedented — and Contemptible — Attempts to Sabotage Obamacare

Doing everything possible to block the law’s implementation is not treasonous — just sharply beneath any reasonable standards of elected officials.

When Mike Lee pledges to try to shut down the government unless President Obama knuckles under and defunds Obamacare entirely, it is not news—it is par for the course for the take-no-prisoners extremist senator from Utah. When the Senate Republicans’ No. 2 and No. 3 leaders, John Cornyn and John Thune, sign on to the blackmail plan, it is news — of the most depressing variety.

I am not the only one who has written about House and Senate Republicans’ monomaniacal focus on sabotaging the implementation of Obamacare — Greg Sargent, Steve Benen, Jon Chait, Jon Bernstein, Ezra Klein, and many others have written powerful pieces. But it is now spinning out of control.

It is important to emphasize that this set of moves is simply unprecedented….

More here

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Robert Plumber, a Korean War Vet who was one of the first African-American Navy UDT divers (AKA Frogmen, the precursors to the US Navy SEALs), talks about the importance of defending Voting Rights after being arrested with Rev. Barber and dozens of others at the 12th Moral Monday action in Raleigh, North Carolina. Plumber, a veteran of the Civil Rights Movement was arrested previously with Dr. Martin Luther King.

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This is IMPORTANT. If you are a TOD Twitterer, join and help President Obama. All hands on deck for 2014:

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Continue reading ‘Rise and Shine’

24
Jul
13

News Of The Day

President Obama at Knox College, July 24

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Today’s speeches:

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Pete Souza: Pres Obama aboard Air Force One w Sen. Claire McCaskill

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Continue reading ‘News Of The Day’

15
Oct
12

A Little Bit More of This and That

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NYT: A longtime aide to George W. Romney issued a harshly worded critique of Mitt Romney, accusing him of shifting political positions in “erratic and startling ways” and failing to live up to the distinguished record of his father, the former governor of Michigan.

Walter De Vries, who worked for the senior Mr. Romney throughout the 1960s, wrote that Mitt Romney’s bid for the White House was “a far cry from the kind of campaign and conduct, as a public servant, I saw during the seven years I worked in George Romney’s campaigns and served him as governor.”

“While it seems that Mitt would say and do anything to close a deal – or an election,” he wrote, “George Romney’s strength as a politician and public officeholder was his ability and determination to develop and hold consistent policy positions over his life.”

… “George would never have been seen with the likes of Sheldon Adelson or Donald Trump.”

… Mr. De Vries, who said he wished to the see the Republican Party return to its moderate roots, said he intended to vote for Mr. Obama on Election Day.

More here

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More at Business Insider

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Reuters: Retail sales rose in September as Americans stepped up purchases of everything from cars to electronics, a sign that consumer spending is driving faster economic growth.

…. expectations for third-quarter economic growth improved after the Commerce Department reported a 1.1 percent increase in retail sales during September.

The reading, which beat analysts’ forecasts, builds on other signs of growing economic momentum, including a drop in the jobless rate last month and a rise in consumer confidence.

“The news flow on the U.S. economy keeps getting better,” said Chris Williamson, an economist at Markit in London.

More here

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Click to see the rest of the post

13
Oct
12

Rise and Shine

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NYT Editorial: … From the beginning of his run for the Republican nomination, Mr. Romney has offered to transfigure himself into any shape desired by an audience in order to achieve power. In front of massed crowds or on television, he can sound sunny and inclusive, radiating a feel-good centrism. His “severely conservative” policies and disdain for much of the country are reserved for partisans, donors and the harsh ideologues who clutter his party’s base. This polarity is often described as “flip-flopping,” but the word is too mild to describe opposing positions that are simultaneously held.

…. He hasn’t abandoned or flip-flopped from the severe positions that won him the Republican nomination; they remain at the core of his campaign … All he’s doing is slapping whitewash on his platform. The immoderation of his policies, used to win favor with a hard-right party, cannot be disguised.

…. There isn’t really a Moderate Mitt; what is on display now is better described as Convenient Mitt. Anyone willing to advocate extremism to raise money and win primaries is likely to do the same to stay in office.

Full editorial here

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OFA

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You can see VP Biden’s speech in Wisconsin yesterday at C-Span

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Cagle

Cagle

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Read Steve Benen here

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ThinkProgress

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USA Today: Bruce Springsteen once said he wouldn’t perform during the 2012 presidential campaign.

The Boss has changed his mind.

President Obama’s campaign said today that Springsteen will appear along with ex-President Bill Clinton at a pro-Obama rally Thursday in Parma, Ohio.

More here

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Happy Saturday everyone ;-)

17
Sep
12

Rise and Shine

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Today (all times ET):

9:45: President Obama departs the White House en route Joint Base Andrews

10:0: Departs Joint Base Andrews en route Cincinnati, Ohio

11:30: Arrives in Cincinnati

12:25: PBO delivers remarks at Eden Park’s Seasongood Pavilion, Cincinnati

2:25: Departs Cincinnati en route Columbus, Ohio

3:00: Arrives in Columbus

3:0 First Lady Michelle Obama delivers remarks at the University of Florida in Gainesville

3:15: VP Biden delivers remarks at a campaign event at the Port of Burlington

4:20: PBO delivers remarks at Schiller Park, Columbus

6:40: Departs Columbus en route Joint Base Andrew

6:55: First Lady Michelle Obama delivers remarks at the Tallahassee Leon County Civic Center

8:05: PBO arrives at the White House

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NYT

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MoveOn

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Click here to see the rest of the post

01
Jun
12

Rise and Shine

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Friday:

9:15: President Obama departs the White House en route Joint Base Andrews

9:30: Departs Joint Base Andrews en route Minneapolis, Minnesota

11:45: Arrives Minneapolis, Minnesota

12:45: Tours Honeywell’s Golden Valley facility

1:10: Delivers remarks urging Congress to act on the ‘to do list’

2:15: Delivers remarks at a campaign event at Bachelor Farmer Restaurant, Minneapolis (print pool only)

2:50: Attends a campaign event at Bachelor Farmer Restaurant, Minneapolis (closed press)

4:20: Departs Minneapolis en route Chicago

5:20: Arrives Chicago

7:10 Delivers remarks at a campaign event at the Chicago Cultural Center (pooled press)

8:25 Delivers remarks at a campaign event, private residence

9:55: Delivers remarks at a campaign event, private residence

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Cagle

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Morning everyone ;-)

13
Mar
12

afternoon all

President Obama meets with the 2012 Intel Science Talent Search finalists in the Eisenhower Building

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Michael Tomasky on GOP Plans to Sink the Economy: Every month brings improved job news – and bleaker prospects for the Republicans in November. Which is why they’re contemplating economic sabotage as their only hope.

We’re just under eight months away from Election Day now, which means that the GOP is starting to run out of time to think up new ways to ruin the economy so that Barack Obama doesn’t get reelected …. There are three fronts – gas prices, jobs, and the budget…

….. By opposing everything Obama wanted with such ferocity; by saying all those thousands of times that he had no clue about the economy; by sending out a parade of presidential candidates, from the semi-serious to the clown posse, all of whose central criticism of Obama is that he killed the economy – in all of these ways the party has more invested in economic failure than any out-party I can remember in my lifetime. Its best hope for now is gas prices, but even they eventually get lower, usually by late summer. Beyond that, all the GOP has to rely on is Mitt Romney’s unstoppable charisma.

Full post here

Thanks Loriah

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Marketwatch: U.S. stocks rose Tuesday, with the Dow Jones Industrial Average and S&P 500 Index extending an advance into a fifth session, after retail sales climbed the fastest in five months in February.

“The rising sales were pretty impressive in that rising gas prices hasn’t hurt the consumer,” said Nick Raich, director of research at Key Private Bank in Cleveland …. The Commerce Department reported retail sales climbed 1.1% to $407.8 billion in February, while the prior two months were revised higher.

The upward revisions imply first-quarter economic growth could be “a bit stronger” than first estimated, noted Dan Greenhaus, chief global strategist at BTIG LLC in New York.

More here

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National Journal: More Americans trust President Obama than congressional Republicans to make the right decisions to bring down the price of gasoline, according to a new poll, although neither side commands a majority.

What’s more, as prices continue to rise and the specter of $5-per-gallon gas for the summer driving season looms over the political landscape, the latest United Technologies/National Journal Congressional Connection Poll shows the public slightly more supportive of the energy priorities of the Democrats and the president than those of the GOP.

Forty-four percent of respondents trust Obama more “to make the right decisions to help bring down the price of gasoline,” versus 32 percent for Republicans in Congress….

More here

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Deaniac (The People’s View): After Washington Post/ABC News put out their poll drastically over-representing GOP and Republican leaning voters, New York Times and CBS News have come up with brand new blunders of their own on their poll released late afternoon yesterday, showing the president at an approval rating of “all time low” 41%. This poll has the most glaring, dumbfounding proof that its sample is rigged staring at you in the very front page of the poll’s crosstabs.

More here

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Jeez, I just don’t understand why the media is suddenly ignoring its favorite polling company, it’s a mystery!

Gallup

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Raw Story: The Republican fight against health care rights for women may end up hurting the party on election day, according to a new poll. A Washington Post survey released Monday found that Democrats are perceived as caring more about issues that are important to women by 25 points, 55 percent to 30 percent.

The poll also showed that a large majority of all voters support the idea that businesses should be required to cover the “full cost” of contraception for female employees. Among all voters, 61 percent supported a mandate for birth control coverage, while 35 percent did not.

As MSNBC’s Steve Benen noted, 53 percent of voters were women in 2008 … “The gender gap was pretty enormous four years ago,” Benen wrote. “Don’t be surprised if it’s even bigger in November.”

Full post here

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Steve Benen: In Arizona, Democratic Senate candidate Don Bivens released a new ad yesterday, targeting Republican Rep. Jeff Flake, and hoping to take advantage of the controversy surrounding Rush Limbaugh. It’s probably not the last 2012 spot we’ll see highlighting the right-wing radio host.

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Liberal Librarian (The People’s View): According to Rick Santorum, I’m doubly un-American.  I was born in New York City and lived there until I was 16, at which time my family moved to Los Angeles, where I’ve lived ever since.  According to Rick Santorum, I have no values.  I don’t know the worth of an honest day’s work.  I don’t know the benefits of charity (in which he engages very sparingly).  I don’t know the duties of good citizenship.  My vote shouldn’t count, because as both a New Yorker and and Angeleno, I was never exposed to rock-ribbed, middle American values.  I’m an other.  And everyone who lives in my two cities are similarly lacking in American moral fiber.

Let me tell you a bit about my America.

Full post here

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Kevin Drum (Mother Jones): In the upcoming issue of the Washington Monthly, Paul Glastris has a cover story called “The Incomplete Greatness of Barack Obama,” a headline almost guaranteed to set your teeth on edge….

….. A sidebar to Glastris’ piece lists Obama’s top 50 accomplishments …. Better to pare it down to 10 really top achievements in order to highlight how many truly major accomplishments Obama has been responsible for. So I did. Except I couldn’t get there. I cut it down to 13 and got stuck. Here they are, in the same order as the original Washington Monthly list (see post)

…. These are all big deals. Big fucking deals, to quote our vice president. Unless you’re just bound and determined to sulk in your tent while insisting that health care was a sellout and the stimulus was too small and Dodd-Frank was feeble and the mini stimuli were more like micro stimuli, there’s just no way around the fact that this is a historically colossal set of progressive accomplishments, especially in the face of a historically hostile political environment.

….. Unlike Paul Glastris, I’m not ready to start chiseling Obama’s mug on Mount Rushmore. But unless national security is pretty much your sole obsession, I really have a hard time understanding progressives who are disappointed in him. Obama has gotten more done for the progressive cause than Bill Clinton, Jimmy Carter, JFK, or Harry Truman – and, on balance, nearly as much as LBJ, since he doesn’t have any epic disasters to weigh down his successes. For an actual, existing human being, that’s pretty damn good.

Full post here

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Chefs Kevin Saiyasak and Jeremy Kapper harvest winter greens from the Kitchen Garden on the South Lawn of the White House, March 13




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