Posts Tagged ‘economy



07
Oct
15

The President’s Day

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President Barack Obama shakes hands with German President Joachim Gauck during a meeting in the Oval Office. The two leaders participated in a bilateral meeting that marked the 25th anniversary of German reunification

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U.S. President Barack Obama is introduced by Terrance Wise, a second-generation fast food worker, at the White House Summit on Worker Voice in Washington October 7, 2015. REUTERS/Kevin Lamarque TPX IMAGES OF THE DAY

President Barack Obama is introduced by Terrance Wise, an organizer and fast food worker, at the White House Summit on Worker Voice

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President Barack Obama speaks during White House Summit on Worker Voice, Wednesday, Oct. 7, 2015, in the East Room of the White House in Washington. The summit is an effort to give unions, organizers and some businesses a platform to discuss wages and other issues. (AP Photo/Pablo Martinez Monsivais)

President Barack Obama speaks during White House Summit on Worker Voice in the East Room of the White House. The summit is an effort to give unions, organizers and some businesses a platform to discuss wages and other issues

U.S. President Barack Obama embraces Terrance Wise, a second-generation fast food worker, who introduced Obama to speak at the White House Summit on Worker Voice in Washington October 7, 2015. REUTERS/Kevin Lamarque

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President Barack Obama during a event co-hosted by coworker.org during the White House Summit on Worker Voice in the East Room of the White House in Washington, Wednesday, Oct. 7, 2015. On stage with Obama is Michelle Miller, co-founder of coworker.org. (AP Photo/Andrew Harnik)

President Barack Obama speaks during a event co-hosted by coworker.org during the White House Summit on Worker Voice. On stage with the president is Michelle Miller, co-founder of coworker.org

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The full conference with President Obama and Vice President Biden’s remarks

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President Barack Obama takes off his jacket as he arrives to participate in a conversation co-hosted by coworker.org during the White House Summit on Worker Voice in the East Room of the White House in Washington, Wednesday, Oct. 7, 2015, with workers, employers, unions, organizers and other advocates and experts on how to energize a new generation of Americans to come together and recognize the potential power of their voice at work. On stage is Michelle Miller, co-founder of coworker.org. (AP Photo/Andrew Harnik)

President Barack Obama, accompanied by Michelle Miller, co-founder of coworker.org, left, speaks during a conversation co-hosted by Coworker.org during the White House Summit on Worker Voice, Wednesday, Oct. 7, 2015, in the East Room of the White House in Washington. Workers, employers, unions, organizers and other advocates were meeting on how to energize a new generation of Americans to come together and recognize the potential power of their voice at work. (AP Photo/Andrew Harnik)

President Barack Obama, second from left, and Michelle Miller, co-founder of coworker.org, left, listen as International President of the Service Employees International Union Mary Kay Henry, right, speaks during a conversation co-hosted by Coworker.org at the White House Summit on Worker Voice, Wednesday, Oct. 7, 2015, in the East Room of the White House in Washington. Workers, employers, unions, organizers and other advocates were meeting on how to energize a new generation of Americans to come together and recognize the potential power of their voice at work. (AP Photo/Andrew Harnik)

President Barack Obama, right, listens as Labor Secretary Thomas Perez, left, speaks the White House Summit on Worker Voice in the East Room of the White House in Washington, Wednesday, Oct. 7, 2015. Participants included workers, employers, unions, organizers and other advocates and experts on how to energize a new generation of Americans to come together and recognize the potential power of their voice at work. (AP Photo/Susan Walsh)

President Barack Obama attends a conversation co-hosted by Coworker.org during the White House Summit on Worker Voice, Wednesday, Oct. 7, 2015, in the East Room of the White House in Washington. Workers, employers, unions, organizers and other advocates were meeting on how to energize a new generation of Americans to come together and recognize the potential power of their voice at work. (AP Photo/Andrew Harnik)

President Barack Obama shakes a present that her received following a conversation co-hosted by coworker.org at the White House Summit on Worker Voice in the East Room of the White House in Washington, Wednesday, Oct. 7, 2015. Participants included workers, employers, unions, organizers and other advocates and experts on how to energize a new generation of Americans to come together and recognize the potential power of their voice at work. (AP Photo/Susan Walsh)

President Barack Obama shakes a present that he received following a conversation co-hosted by coworker.org

President Barack Obama stops to pose for a photograph with Terrence Wise, right, and Wise's mom Joann Wise, center, during the White House Summit on Worker Voice, Wednesday, Oct. 7, 2015, in the East Room of the White House in Washington. The summit is an effort to give unions, organizers and some businesses a platform to discuss wages and other issues. Terrence Wise is a second-generation fast food worker from Kansas City, Mo. (AP Photo/Pablo Martinez Monsivais)

06
Oct
15

The President And First Lady’s Day

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President Barack Obama meets with agriculture and business leaders at the Department of Agriculture in Washington, D.C. The President discussed the benefits of the Trans-Pacific Partnership for American businesses and workers

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First Lady Michelle Obama participates with local students in the annual fall harvest of the White House Kitchen Garden. The garden, which started in 2009, is part of the First Lady’s Let’s Move! Initiative

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Scroll to 37:36 to view the event

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First Lady Michelle Obama mixes salad with local students from Capital City Public Charter School after they participated in the annual fall harvest of the White House Kitchen Garden

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First Lady Michelle Obama eats with local students from DC Bilingual Public Charter School

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04
Oct
15

A Tweet Or Two

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Damn. Voter Suppression on racist steroids

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Woot!

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Continue reading ‘A Tweet Or Two’

17
Sep
15

How President Obama Turned A Great Recession Into A Growing Economy

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Jason Furman: 5 Indicators That Show We Turned A Depression-Like Shock into A Six-Year Expansion

Seven years ago, Lehman Brothers filed for bankruptcy, setting in motion the worst financial crisis since the Great Depression. Over the course of just a few months after taking office, President Obama worked to shore up the U.S. financial system, rescue the auto industry, and pass a Recovery Act and more than a dozen subsequent fiscal measures that provided vital support to families and businesses. Since the crisis, the President has taken continued steps–including Wall Street reform–to strengthen our economy and protect against future downturns.

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Our businesses have now created 13.1 million jobs over 66 straight months–the longest streak on record. The pace of job growth over the last three years has not been exceeded since 2000. The unemployment rate has fallen further and faster than economic forecasters predicted. Private domestic final purchases (a combination of the largest and most stable components of GDP) contracted as sharply at the start of the Great Recession as during the start of the Great Depression. But while economic output continued to contract for years into the 1930s, our economy returned to growth in 2009, as both personal consumption and business investment started to grow again.

More here

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16
Sep
15

The President And First Lady’s Day

U.S. President Barack Obama delivers remarks at the Business Roundtable offices in Washington September 16, 2015. REUTERS/Carlos Barria

President Barack Obama delivers remarks at the Business Roundtable

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President Barack Obama pauses while speaking to business leaders at the quarterly meeting of the Business Roundtable in Washington, Wednesday, Sept. 16, 2015, to renew his calls for increased spending in infrastructure, education and scientific research. (AP Photo/Andrew Harnik)

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First lady Michelle Obama speaks in the South Court Auditorium of Eisenhower Executive Office Building on the White House complex in Washington, Wednesday, Sept. 16, 2015, to elected officials and representatives from 63 cities and counties across the country to celebrate their commitment to building healthier communities as part of her Let’s Move! initiative. (AP Photo/Carolyn Kaster)

First Lady Michelle Obama speaks to elected officials and representatives from 63 cities and counties across the country to celebrate their commitment to building healthier communities as part of her Let’s Move! initiative

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15
Sep
15

An Economic Lesson From President Obama

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11
Sep
15

A Historian Schools Joe Scarborough

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08
Sep
15

A Tweet Or Two

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Bravo

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Food For Thought

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A man who has spent years accomplishing nothing in the Senate has the nerve to lie about President Obama. Privilege is a hell of a drug

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Continue reading ‘A Tweet Or Two’

04
Sep
15

A Tweet Or Two

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BOOM

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Missy Elliott = A+++++++. Johnny Depp as Whitey Bulger = OH. HELL. YEAH

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WTF?!

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Even in liberal California, women’s rights can be denied. The fight never ends

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It’s 2015 and some refuse to get it into their DUMB brains that blackface is racist

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Secretary of State John Kerry suggested on Thursday that the United States would play a greater role in alleviating the increasingly high-profile Syrian refugee crisis, which the United Nations believes to be the worst refugee dilemma in 25 years. “We could do a lot more to protect those people,” Kerry told The Huffington Post’s Sam Stein. Speaking from the State Department, Kerry acknowledged that while America has donated over $4 billion in humanitarian assistance to help Syrians, the situation in their war-ravaged country and in neighboring states remains dire for millions. Kerry did not suggest that the U.S. should be taking in more refugees. Rather, he indicated that any increased American effort would focus on working with existing refugee camps in other countries.

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Continue reading ‘A Tweet Or Two’

04
Sep
15

A Record Breaking 66 Months Of Job Creation. Thanks, President Obama!

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Thank you, First Lady Michelle Obama for Joining Forces

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IMPEACH!

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Continue reading ‘A Record Breaking 66 Months Of Job Creation. Thanks, President Obama!’

27
Aug
15

The Economy Is Growing. Don’t Screw It Up, Congress

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Jason Furman: Second Estimate Of GDP For The Second Quarter Of 2015

Real GDP growth in the second quarter was revised markedly upward, as consumers spent more and businesses invested more than previously estimated. The economy grew at a much faster pace in the second quarter than in the first, with strong personal consumption leading the rebound. At this time in the global economy, it is essential that we continue to do everything we can to maintain America’s domestic economic momentum—including avoiding a return to fiscal brinksmanship or unnecessary austerity by passing an on-time budget that reverses the sequester, increasing investments in infrastructure as part of a long-term transportation reauthorization, and other steps to foster long-term growth.

1. Real Gross Domestic Product (GDP) rose 3.7 percent at an annual rate in the second quarter according to the BEA’s latest estimate, well above the first quarter’s 0.6 percent pace and the BEA’s initial second-quarter estimate of 2.3 percent growth. In the second quarter, the increase in GDP growth was led by a faster pace of personal consumption growth than in the first quarter and a shift from negative to positive net export growth. Structures investment, which declined sharply in the first quarter and was previously thought to have declined in the second, is now estimated to have grown. Overall, real GDP has now risen 2.7 percent over the past four quarters.

More here

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