Posts Tagged ‘economy

18
Nov
14

The Future Rewards Those Who Press On

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Jackie Grumbacher

Ever since then Senator Obama decided to run for president in 2007, he has been modelling the behavior he would wish all of us and, particularly all Democrats, to follow. He never panicked or over dramatized anything, but patiently, methodically built an organization that was bigger, better and infinitely more effective than the existing Democratic Party. And he did it with finesse and courtesy, never once publicly criticizing the Democratic establishment or embarrassing any individual, no matter how much he was insulted by them. He showed us how to have immense grace under pressure, how to press forward on difficult days, how to shut out the naysayers, how to respect our skills and empower each other. As president he has showed us optimism combined with pragmatism and realism. He has never stooped to the level of his enemies and has tried to seek a common ground, even as he worked against the most massive obstruction in history. After the midterms, he literally went in front of the cameras and taught us how to act– not to cower or despair, but to lift our heads with pride and a sense of optimism and move forward. He told us by his actions alone to give nothing to our critics, waste no sorrow on our enemies, remain undaunted at our prospects and just keep moving forward bringing light and honesty into the darkest hate. If Democrats in this country–and that includes you, Jon Tester–opened their eyes and realized how much this incredible president is teaching us every day we would not only become better human beings, we would never lose another election.

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09
Nov
14

You Don’t Know What You’ve Got Until It’s Gone

Obama Facts

@RickStrandlof

07
Nov
14

Chat Away

20
Oct
14

Jobs? ✔ Economy Growing? ✔ Thank You, President Obama

Obama Jobs

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Loraine Woellert: Factory Production Rebounds As U.S. Sustains Expansion

Production at American factories rebounded, claims for jobless benefits fell to a 14-year low and households held the most optimistic views in two years, signs the world’s largest economy is overcoming a global slowdown. Manufacturing output climbed 0.5 percent in September, springing back from a 0.5 percent drop the prior month, as factories pushed out more computers, appliances and building-supplies, according to Federal Reserve data issued today in Washington. Other reports showed the momentum is being sustained as the fewest workers since April 2000 filed applications for unemployment insurance last week and more consumers said this month that the economy will get better.

The reports bolster forecasts that the U.S. expansion will survive the weakening in Europe and emerging nations that has roiled global financial markets. American consumer spending, which accounts for almost 70 percent of the economy, is likely to strengthen as employment keeps growing and confidence climbs. Ford Motor Co. is among those automakers that remain upbeat. The second-biggest U.S. carmaker is adding workers at its Dearborn, Michigan, plant as it prepares for its new aluminum-bodied F-150 pickup. The truck is scheduled to arrive in showrooms by the end of the year. “These new jobs will help meet anticipated customer demand,” said Joe Hinrichs, Ford’s president of the Americas, during an Oct. 13 announcement. The company has hired more than 23,000 employees since 2011.

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16
Oct
14

The Deficit Is Falling? You Can Thank President Obama

Obama GOP

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Brett Logiurato: The Budget Deficit Just Fell To Its Lowest Level Under Obama

The US budget deficit fell to about $483 billion in fiscal year 2014, almost a $200 billion drop from the previous year and the lowest level of President Barack Obama’s six years in office. The US Treasury Department released the official figures on Wednesday, generally confirming figures released by the nonpartisan Congressional Budget Office last week. It’s the smallest deficit recorded since 2008.

FY2014 was the fifth consecutive year the deficit declined as a percentage of GDP. It is now an estimated 2.8% of GDP, a percentage that puts it below the average of the past 40 years. The Treasury’s figures chalked up the shrinking deficit to increased revenues from taxes and slowed growth in government spending. “It’s really a rise in revenues because of economic growth, because of the policies the president pursued, that we’ve made progress on the deficit,” said Shaun Donovan, the director of the Office of Management and Budget.

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13
Oct
14

A Tweet Or Two

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Fantastic way to challenge sexism. Bravo, McKenna!

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