Posts Tagged ‘stimulus

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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31
Jul
14

Rise and Shine

On This Day: First Lady Michelle Obama salutes during the singing of the national anthem at Naval Station Norfolk, Va., July 31, 2009

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Today (All Times Eastern)

10:55: The President meets with members of Congress on foreign policy, Cabinet Room

12:0: White House press briefing

1:20: The President delivers remarks and signs an executive order on workplace safety, South Court Auditorium

3:40: Delivers remarks, Department of Housing and Urban Development

7:25: The President and First Lady host ‘A Celebration of Special Olympics and A Unified Generation’, East Room

8:25: Attend a concert commemorating the Special Olympics, State Dining Room

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Times Colonist: Obama To Sign Executive Order Cracking Down On Labor Violations By Federal Contractors

President Barack Obama is preparing to sign an executive order cracking down on labour violations by companies that contract with the federal government, the White House said Wednesday. Obama’s order will require companies seeking federal contracts valued at more than $500,000 to make public any labour law violations in the last three years, a step the Obama administration hopes will incentivize companies to resolve labour disputes such as back wage claims.

Federal agencies will be given more guidance on how labour violations should factor into their decision-making as they award lucrative contracts, officials said, with an eye toward pushing the most egregious violators into remediation agreements before new contracts are granted. Under the order, workers will also be given information each pay period to allow them to determine whether their paychecks are accurate.

More here

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Spandan Chakrabarti: BFD: “Incompetent” Black Man Leads US Economy To Solid, Sustained Growth

The economy grew at a strong 4% rate in the second quarter of 2014, outpacing analyst estimates by almost a full point. The news that is even more encouraging than the topline GDP growth number is where it came from: consumer spending, business investment, and exports. Consumer spending growth doubled since the first quarter, business investment growth grew by more than a factor of 3, and exports saw a near-20-point swing. The reason these particular numbers are so encouraging is that they all point to strong jobs growth.

In an economy that is 2/3rds consumer spending, growth in that area is the predominant factor in creating demand, and therefore, jobs. We have come here in less than six short years after the greatest economic calamity this country has ever seen, save for one. We have arrived here not only without creating a war bubble but while actually deflating the war bubble by ending wars. This is because while nearly everyone else has been busy trying to generate clicks, the President has worked day and night to generate jobs. This is because while the media has been busy looking for poutrage, this president has used his blood, sweat and tears to look for solutions.

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Somini Sengupta: U.N. Says ‘Evidence’ Points To Israel In Gaza School Attack

Secretary General Ban Ki-moon said on Wednesday that “all available evidence” suggested that Israeli artillery had hit a United Nations school in Gaza full of civilians who thought they were in a safe zone. “Nothing is more shameful than attacking sleeping children,” the secretary general told reporters in San Jose, Costa Rica, according to a transcript provided by his office.

It was Mr. Ban’s strongest comments to date on attacks on United Nations installations in Gaza, where Palestinians have been taking shelter. Six United Nations staff members have been killed in the current conflict so far. United Nations officials said that they had informed Israel 17 times of the precise location of the school and that there were civilians sheltering there, including once at 8:50 p.m., just hours before the attack on Wednesday.

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SmartyPants: Chuck Todd Is Finally Embarrassed

Oh…so I see that Chuck Todd is finally embarrassed by Washington because of all the impeachment talk. I have a few questions for Mr. Todd:

Were you embarrassed by the fact that our first African American President was required to produce a birth certificate?

Were you embarrassed when Rep. Joe Wilson shouted “You lie” to President Obama during a SOTU speech?

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Justin Wolfers: What Debate? Economists Agree The Stimulus Lifted The Economy

Here’s a simple case study making the point that our political debates about economics have become largely unhinged from those among actual economists. Take the Obama stimulus plan, known as the American Recovery and Reinvestment Act. If you took your cues from the political rhetoric in Washington — or even from the occasional virulent debate in the economics blogosphere — you would think the whole question of fiscal stimulus is highly contested. But it’s not. There’s widespread agreement among economists that the stimulus act has helped boost the economy. The Initiative on Global Markets at the University of Chicago — hardly a hotbed of liberal or Keynesian thought — regularly surveys a number of the leading American economists about a variety of policy issues.

Recently each of these eminent economists was asked whether the unemployment rate was lower at the end of 2010 than it would have been without the stimulus bill. Of the 44 economists surveyed, 37 responded, yielding a healthy response rate of 84 percent. Among those who responded, 36 agreed that the stimulus bill had lowered the unemployment rate, while one disagreed. That lone disagreeing economist, Harvard’s Alberto Alesina (who was one of my thesis advisers), has been a virulent opponent of the stimulus, although the research that he’s based this upon has come under sustained criticism, particularly from the International Monetary Fund, which views the study as flawed.

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OFA

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Sahil Kapur: House Votes To Sue President For The First Time In History

House Republicans officially gave Speaker John Boehner (R-OH) their seal of approval on Wednesday to sue President Barack Obama, marking the first time in U.S. history that a chamber of Congress has endorsed a lawsuit against a president. The House adopted the resolution by a vote of 225-201. Five Republicans joined a unanimous Democratic conference to vote against the measure. They were Reps. Thomas Massie (R-KY), Walter Jones (R-NC), Paul Broun (R-GA), Steve Stockman (R-TX) and Scott Garrett (R-NJ). The resolution authorizes Boehner to challenge Obama in court for exceeding his authority by unilaterally delaying deadlines under Obamacare.

Although he has said he’ll target the one-year delay of the health care reform law’s employer mandate penalties, the text of the GOP resolution gives the Speaker room to legally challenge implementation tweaks to other provisions of the law. It’s a politically awkward one for his party given that Republicans despise the employer mandate, and have voted to eliminate and delay it. “Republicans want to sue the president for not enforcing a law they want to repeal,” said House Minority Whip Steny Hoyer (D-MD). “It is wrong. It is a waste of time. It is a waste of money. It is a distraction from the important issues so important to our people. This lawsuit is nothing more than a partisan bill to rally the Republican base.”

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Jesse Rosenfeld: Israel Is Minting The Next Generation Of Hate

The bombs continue falling, more and more people are running for their lives with fewer places to go and as the screams from beneath the wreckage of Israel’s assault become more frequent, a generation of Gaza’s children are being shaped by what they see. And yet, as kids often do, they can still surprise you. Inside a Gaza City UNRWA school that’s been turned into a shelter, children pack the courtyard. Ten-year-old Yasmine al Attar stares at me from under her dark curled bangs. Yasmine’s aunt, Hula al Attar, tells me her son can’t sleep amid the nightly air strikes. Instead he howls and shakes.

“My 11-year-old son saw bodies in the street in the [2008] war and he still can’t forget those images,” says the veiled 29-year-old mother. Yasmine speaks up. She tells me she can’t sleep either, and waits out the attacks by clinging to her mother in a corner classroom. I ask her what she wants to be when she grows up. “I don’t know if I will live,” she says flatly. When pressed for what she would like to be if she does survive, she becomes excited thinking about the possibilities. “I’ll be a doctor,” she says at first. Then she changes her mind. “I’ll be a journalist,” she says, pulling on her brown curls. “I just want to do something that helps people and tells the world what’s happening.”

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Josh Marshall: The Wealth Gap Across Race, Gender And Marriage Status

The chart illustrates a pattern that most of us probably do not find surprising. But the sheer chasm separating single white men from Black and Hispanic single women is still shocking to see visualized so clearly. Single white men have 438 times the assets as single Black women and 365 times that of single Hispanic women. As we can see, marriage is a huge determinant of wealth – but mainly if you’re not white, and especially if you’re a woman.

As the report notes, owning a car is an important way to access more employment opportunities among other things. But that wealth is not easily accessible in dollar terms, which is highly relevant for the following reason. Great disparities of wealth not only have a huge impact on life opportunities and the prospects for wealth accumulation. They are hugely important factor in the precariousness of economic life experienced by different demographic groups.

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On This Day

President Obama talks with Chief of Staff Rahm Emanuel outside of the Oval Office on July 31, 2009 (Photo by Pete Souza)

Continue reading ‘Rise and Shine’

07
Mar
14

Rise and Shine

President Barack Obama and National Security Advisor Tom Donilon walk along the Colonnade of the White House, March 7, 2012 (Photo by Pete Souza)

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Today (All Times Eastern):

11:05: The President and First Lady depart the White House en route Joint Base Andrews

11:20: Depart Joint Base Andrews

1:40: Arrive Homestead, Florida

2:25: The President and First Lady visit a Coral Reef High School classroom

2:40: The President delivers remarks

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Bruce Japsen: Employer Health Cost Increases At 15-Year Low As ObamaCare Comes Into View

U.S. employers this year face their “smallest increases in health care costs in 15 years,” according to a new survey showing the latest evidence of health inflation slowing. The trend comes as employers move to higher deductible health care plans that make workers think twice about choosing expensive tests and procedures, forcing employees to become better health care shoppers. Employers are also installing additional new strategies to encourage wellness activities such as financial incentives to stop smoking.

Most respondents to the survey are “recalibrating their health strategy” with 18 percent having either adopted a new strategy or updated an existing one, the Towers Watson executive summary of the report said. Another 57 percent of respondents are “in process,” the summary added. Two in five respondents cite the Affordable Care Act as the primary driver of their health care strategy.

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TPM: U.S. Employers Add 175K Jobs Despite Harsh Weather

 U.S. hiring improved in February from the previous two months despite a blast of wintry weather, likely renewing hopes that growth will accelerate this year. The Labor Department said Friday that employers added 175,000 jobs last month, up from just 129,000 in January, which was revised up from 113,000. December’s gain was also revised higher. The unemployment rate rose to 6.7 percent from a five-year low 6.6 percent. More Americans started looking for work but didn’t find jobs. That’s still an encouraging sign because more job hunters suggest that people were more optimistic about their prospects.

Some recent reports hint that the economy will accelerate as the weather warms. The number of people who applied for unemployment benefits fell last week and is at about the same level as before the Great Recession. Applications essentially reflect layoffs. The decline suggests that companies are confident about future growth, because layoffs would rise if employers expected business to weaken. Instead, businesses advertised more jobsonline last month, according to the Conference Board. Online job ads rose 268,100 in February to 5.19 million.

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AP: Cummings Says Issa Apologized And He Accepts

Rep. Elijah Cummings said Thursday night that California Republican Rep. Darrell Issa called him and apologized for refusing to let Cummings speak during an IRS hearing. The Maryland Democrat said he accepted the apology. Issa abruptly adjourned a hearing of the House Oversight Committee on Wednesday. He instructed committee staff to turn off the microphone of the committee’s top Democrat, Cummings.

“This evening, Chairman Issa telephoned me and apologized for his conduct, and I accepted his apology,” Cummings said in a statement. “My sincere hope is that as we move forward, we will respect the opinions of all members of the committee, we will proceed in a deliberate and considered manner to obtain the facts, we will refrain from making accusations that have no basis in fact, and we will seek resolution rather than unnecessary conflict.”

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Washington Post: Community Lenders’ Network Commits To Lend $1 Billion In Support Of ‘My Brother’s Keeper’

A network of community lenders is committing to lend $1 billion in support of President Obama’s “My Brother’s Keeper” initiative that aims to boost the life chances of young African and Hispanic men. The Opportunity Finance Network, which represents more than 225 community development financial institutions, will pledge Thursday it will expand financing for organizations and initiatives working to help young minority men.

Obama launched the initiative to help young minority men last week, saying this group of Americans are disadvantaged in today’s economy and deserve the nation’s attention. Obama’s solicited $200 million in financial commitments from foundations and companies to introduce programs aimed at keeping young men of color in the classroom and out of the criminal justice system. Mark Pinsky, chief executive of the Opportunity Finance Network, said his group was inspired by Obama’s commitment and decided to make their own.

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Igor Bobic: Sen. Harkin: Senate Would Have Confirmed Obama’s Top Civil Rights Nominee If He Was White

The U.S. Senate would have confirmed President Obama’s top civil rights nominee if he was white, Sen. Tom Harkin (D-IA) suggested on Wednesday. “Here’s the message we sent today,” Harkin said. “You young people listen up. If you are a young white person and you go to work for a law firm … and that law firm assigns you to a pro bono case to defend someone who killed eight people in cold blood … my advice from this, what happened today, is you should do that … Because if you do that, who knows? You might wind up to be the chief justice of the United States Supreme Court.

“However, if you are a young black person and you go to work for the NAACP Legal Defense Fund … and you’re asked to sign an appeal for someone convicted of murder, what the message said today is, ‘Don’t do it! Don’t do it.’ Because you know what? If you do that, in keeping with your legal obligations and your profession, you will be denied by the U.S. Senate from being an attorney in the U.S. Department of Justice,” Harkin said.

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NBC News: White House Blocks Visas For Some Tied To Ukraine Crisis

The White House, toughening its response to the crisis in Crimea, said Thursday that it has revoked the U.S. visas of Russians and Ukrainians responsible for “threatening the sovereignty and territorial integrity of Ukraine.”

It also threatened financial sanctions against people or companies that the United States determines are responsible for undermining the Ukrainian government. A senior administration official said that the number or names of revoked visas would not be made public. The official also said that no people or companies have yet been sanctioned.

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David Edwards: Paul Ryan At CPAC: Free School Lunches Means Poor Parents Don’t Care About Kids

Rep. Paul Ryan (R-WI) asserted on Thursday that liberals did not understand that kids who got free lunches at school did not have parents who cared about them at home. Speaking to the Conservative Political Action Conference, the former Republican vice presidential nominee argued that conservatives should let Democrats be the “party of personality,” while “we will be the party of ideas.”

“I’m optimistic about our chances because the left, the left just isn’t out of ideas, they’re out of touch,” he explained. “Take Obamacare — not literally, but figuratively here, okay? We now know that this law will discourage millions of people from working. The left thinks this is a good thing.” Ryan insisted that liberals were only offering people “a full stomach and an empty soul.”

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Thanks to the GOP

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Boston Globe: US Hiring Improved In February

US hiring improved in February from the previous two months despite a blast of wintry weather, likely renewing hopes that growth will accelerate this year. The Labor Department says employers added 175,000 jobs last month, up from just 129,000 in January, which was revised up from 113,000.

The unemployment rate rose to 6.7 percent from a five-year low 6.6 percent. More Americans started looking for work, but didn’t find jobs. That’s still an encouraging sign because more job hunters suggest that people were more optimistic about their prospects.

More here

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Think Progress: Three More Abortion Clinics Forced To Close In Texas: ‘This Is A State Of Emergency’

Three more reproductive health care facilities in Texas have been forced to permanently close in the wake of a new state law that imposes stringent restrictions on abortion providers. The clinics are located in communities with high rates of poverty and uninsurance, leaving many vulnerable Texas women with no ready access to reproductive services. Two of the shuttered clinics are operated by Whole Woman’s Health, the largest independent abortion provider in Texas. That group used to operate five clinics in the state — but now, that number is shrinking to three. With the closure of another independently owned clinic in Harlingen, the Lone Star State is down to just 19 abortion clinics in the entire state. That’s a dramatic difference from where the reproductive health landscape stood just a few years ago. Back in 2011, there were 44 facilities in Texas that offered abortion care.

New restrictions on abortion providers went into effect at the beginning of November. Now, abortion doctors are required to obtain admitting privileges from a local hospital within 30 miles of their clinic, a medically unnecessary requirement that’s often impossible for doctors to meet. Nonetheless, the doctors who continue to practice without admitting privileges are at risk of getting their medical license suspended. So dozens of clinics — including Whole Women’s Health facility in McAllen — were forced to halt their abortion services in the fall. But that’s not the only burdensome restriction in Texas’ new law. Starting this September, abortion clinics will be required to bring their facilities in line with ambulatory surgical centers — which typically involves making expensive and unnecessary renovations, like widening hallways and installing water fountains.

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Washington Post: Crimea Sets Referendum On Joining Russia

Pro-Russian lawmakers in the Black Sea peninsula of Crimea sparked a showdown reminiscent of the Cold War on Thursday, accelerating their bid to leave Ukraine and join Russia in a move that President Obama, the new government in Kiev and European leaders described as provocative and illegal. Lawmakers in the autonomous region voted Thursday to join the Russian Federation and hold a referendum March 16 to validate the decision. The regional parliament, now led by Sergei Aksyonov — a businessman and politician known around Kiev as the “Goblin”

because of his alleged ties to organized crime, said it would nationalize Ukrainian state industries and begin setting up government ministries separate from Ukraine, which Crimea joined in 1954 when the nation was still a satellite of the Soviet Union. In Washington, Obama said the world was “well beyond the days when borders can be redrawn over the heads of democratic leaders,” as his administration imposed sanctions on Russians and Ukrainians involved in Russia’s military intervention in Crimea. European leaders also sounded alarms, denouncing the referendum plans as unacceptable.

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Damian Paletta: Unemployed Workers Stage Craigslist Fire Sale

Craigslist.org has always represented something of a virtual yard sale, but for many unemployed Americans it’s become something of a fire sale. You name it, they are selling it. Someone in Springfield, Ore., is selling a men’s watch for $100. “Unemployment is running out need money will sell for $100.00. Call before 8pm and after 8amplease be respectful. We can meet anywhere in public.”

And they are asking for it. Another worker in Kissimmee, Fla., whose post says lost benefits when Congress didn’t extend jobless payments Dec. 28, is asking for dog and cat food. “My dogs & cats are not picky,” the person wrote. Washington is wrangling with whether to extend long-term unemployment benefits, which ran out in North Carolina in July and in the other 49 states in late December as discussed in Monday’s Outlook column. But the financial pressures facing many Americans are much more complex than the Washington debate.

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White House: Readout of President Obama’s call with President Putin of Russia

President Obama spoke for an hour this afternoon with President Putin of Russia. President Obama emphasized that Russia’s actions are in violation of Ukraine’s sovereignty and territorial integrity, which has led us to take several steps in response, in coordination with our European partners. President Obama indicated that there is a way to resolve the situation diplomatically, which addresses the interests of Russia, the people of Ukraine, and the international community. As a part of that resolution, the governments of Ukraine and Russia would hold direct talks, facilitated by the international community; international monitors could ensure that the rights of all Ukrainians are protected, including ethnic Russians; Russian forces would return to their bases; and the international community would work together to support the Ukrainian people as they prepare for elections in May. President Obama indicated that Secretary Kerry would continue discussions with Foreign Minister Lavrov, the government of  Ukraine, and other international partners in the days to come to advance those objectives.

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James West: What The Ukraine Crisis Means For The Energy Industry

1. The United States is rushing to push more gas onto the market to undercut Putin’s power. Russia’s presence in Ukraine is prompting calls, especially among congressional Republicans, to loosen export restrictions on US natural gas in the hopes of diminishing Russia’s ability to use gas as a diplomatic weapon, like it did in 2006 and 2009. With America’s newfound dominance in gas production (in 2013, the United States surpassed Russia to become the biggest producer of oil and gas, thanks in part to fracking) comes greater power in energy diplomacy.

2. Russia isn’t as powerful as you might think. But for all the Russian posturing, and the canceled energy deal, Ukraine—and Europe more broadly—does have some leverage over Russia to prevent the situation from deteriorating further, says Edward Chow, an energy and security analyst at Center for Strategic and International Studies (CSIS). “Interestingly, the gas pipelines, as well as critically important gas storage facilities, all go through Western Ukraine,” he says. “Until Russians build additional bypass pipelines…they are still highly dependent on Ukraine to transit gas exports to Europe.”

The United States and European Union are making energy reform central to their aid packages. Bill Gibbons, a spokesman for the US Energy Department, said on Tuesday that the Obama administration is directing part of the $1 billion loan guarantee that John Kerry delivered to Kiev this week to “energy security, energy efficiency and energy sector reform.” The European Union’s $15 billion package is also aimed, in part, at modernizing Ukraine’s gas transit system. With patrons of this much-needed aid linking their help to energy reform, there might well be a bigger chance of success, says Chow. “If you don’t do it now, when are you going to do it?” he asks. “Because Russia is not going to be interested in helping individuals from the new [Ukrainian] government extract rent like the previous government unless they can cooperate on other fronts. So this is quite a good opportunity to clean things up.”

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Market Watch: Why Job Hunters Should Cheer The End Of The Winter

The bad weather has done more than give people a case of cabin fever — it’s kept them out of work, which means there’s another reason to cheer for warmer days ahead. While some economists argue that consumer spending and hiring are down for reasons beyond Mother Nature’s control, it’s clear the below-average temperatures have had an impact. For instance, there were 142,000 jobs added to private payrolls in January, about 46,000 jobs short of the four-month average, says Michael Montgomery, a U.S. economist for IHS Global Insight. Some of those jobs were likely held back because of the weather, says Montgomery, adding they may push that hiring to the coming months as the weather gets back to normal.

“Because February stunk too, the makeup is deferred until March or later,” he says. Hiring also tends to pick up in the spring and summer anyway because more people are likely to shop, go out to eat and travel more often when the weather is nice, says Mark Hamrick, the Washington bureau chief for Bankrate.com. Those habits lead to higher demand for workers in the retail and tourism industries, he says. More homeowners also look for help with landscaping and painting the house after the weather warms up, adds Montgomery.

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On This Day:

Sen. Barack Obama at a campaign rally Friday March 7, 2008 in Laramie, Wyoming (Photo by Ken Driese)

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President Obama, Prime Minister Julia Gillard of Australia, and members of the Australian and American delegations look up at the presidential seal in the Oval Office ceiling following their bilateral meeting, March 7, 2011 (Photo by Pete Souza)

President Obama practices passing a football with Prime Minister Julia Gillard of Australia in the Oval Office, March 7, 2011. Under Australian Football League rules, a player must hold the ball in front of them and punch it with a clenched fist in order to conduct a legal pass to another player (Photo by Pete Souza)

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President Obama greets Davis Marsico, 6, and other supporters upon his arrival at Charlotte Douglas International airport, March 7, 2012

People line the motorcade route as President Obama makes his way to the Mount Holly Truck Manufacturing Plant in Charlotte, N.C, March 7, 2012 (Photo by Pete Souza)

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President Barack Obama gives a thumbs up after signing the Violence Against Women Act as he is joined by Vice President Joe Biden and members of women’s organizations, law enforcement officials, tribal leaders, survivors, advocates and members of Congress, at the Interior Department on March 7, 2013. The law strengthens the criminal justice system’s response to crimes against women, including domestic violence, sexual assault and trafficking




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