President Obama is nominating Princeton University economics professor Alan Krueger to head his White House economics team.
The president announced Monday that he plans to tap the labor economist as chairman of the White House's Council of Economic Advisers (CEA).
PRESIDENTIAL ELECTION 2016
Monday, August 29, 2011
Thursday, August 25, 2011
Conservatives aren’t giving up on their plans to destroy the public school system. Their weapon of choice: Vouchers that would allow parents to use public money to send their kids to private school. The result, as they well know, would be to suck money out of the already underfunded public school system and undercut the system's ability to provide quality education. That would lead to even more students and money leaving the system, which would further worsen the situation—and so the downward spiral would go.
Thursday, August 18, 2011
Wednesday, August 17, 2011
A trio of well-known conservatives have organized a so-called “super PAC” to aid Minnesota Rep. Michele Bachmann’s bid for the Republican presidential nomination, according to sources familiar with the move.
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Under Federal Election Commission rules, super PACs can raise unlimited donations but have to report the identity of their contributors and detail their expenditures.
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It’s also an affirmation that Bachmann, Romney and Perry comprise the top tier of the Republican presidential field and are ramping up for a costly battle for the nomination over the next six months.
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Under Federal Election Commission rules, super PACs can raise unlimited donations but have to report the identity of their contributors and detail their expenditures.
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It’s also an affirmation that Bachmann, Romney and Perry comprise the top tier of the Republican presidential field and are ramping up for a costly battle for the nomination over the next six months.
Tuesday, August 16, 2011
The harshest criticism of Perry's remarks seemed to be coming from former officials of the George W. Bush administration. Bernanke was nominated as Fed chairman by former President Bush, a self-identified conservative whose political team has had friction with Perry. Bernanke was renominated by President Obama.
Saturday, August 13, 2011
Friday, August 12, 2011
Wednesday, August 10, 2011
“It’s not a lack of plans or policies that is the problem here,” Mr. Obama said Monday in his first public comments on the economy since Standard & Poor’s downgraded the country’s credit rating last Friday. “It’s a lack of political will in Washington. It’s the insistence on drawing lines in the sand, a refusal to put what’s best for the country ahead of self-interest or party or ideology. And that’s what we need to change.”
In Houston on Monday, the House minority leader, Nancy Pelosi, of California, vowed, according to television reports, to fight to protect Medicare, Medicaid and Social Security from Republican spending cuts. Mrs. Pelosi spoke of additions to the entitlement programs that were signed by President Lyndon Johnson, adding: “With the stroke of a law that they hope to pass, there are those who would repeal, would eliminate, those securities.”
Wednesday, August 3, 2011
Tuesday, August 2, 2011
Obama signs debt bill into law, averting default
Aug. 2 (last day of deadline)
“Seen in isolation . . . this is not a good bill,” said Sen. Carl M. Levin (D-Mich.). Yet, he added, “despite its many flaws, this legislation must pass.” He complained that by failing to increase revenue by ending tax cuts and loopholes for the wealthy while slashing domestic spending, “this legislation incorporates some policies that are profoundly unfair to middle-income Americans.”
Aug. 2 (last day of deadline)
“Seen in isolation . . . this is not a good bill,” said Sen. Carl M. Levin (D-Mich.). Yet, he added, “despite its many flaws, this legislation must pass.” He complained that by failing to increase revenue by ending tax cuts and loopholes for the wealthy while slashing domestic spending, “this legislation incorporates some policies that are profoundly unfair to middle-income Americans.”
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