Congress must extend these needed unemployment benefits before it goes home for the year. And it must bolster economic growth by preserving tax cuts for our middle class. I’m glad that the House of Representatives voted to do that this week, and I call on the United States Senate to do the same. — Vice [...]
Winning this fight will not depend on government alone. It will depend on the innovation of American entrepreneurs; on the drive of American small business owners; on the skills and talents of American workers. These are the people who will help us grow our economy and create jobs. But government still has an important responsibility. [...]
My mother always emphasized the virtues of “being prepared” over “crisis management.” Of course a combination of the two is probably the reality of any situation. But definitely a Stitch in Time Saves Nine. But for some reason, the prepared people do not get the rewards or applause that the clean up crew does. And [...]
107 days later, BP has declared a “desired outcome.” It appears the blown out oil well has been plugged up with the “static kill,” a procedure of pumping heavy mud and cement into a well and sealing it at least for the foreseeable future. BP hit another milestone before recent developments — stopping the largest [...]
Since GM and Chrysler emerged from bankruptcy, our auto industry has added 55,000 jobs — the strongest period of job growth in more than 10 years. For the first time since 2004, all three American automakers are operating at a profit. Sales have begun to rebound. This week, the White House communications team rolled out [...]
I actually took some time today to see how stocks were performing. Last week, the President signed the Wall Street reform legislation into law. One thing that’s interesting about Wall Street, uncertainty and the unknown creeps them out more so than reform and regulation etc. Once they know what it is, put a dollar figure [...]
It’s the fourth of July. As most people are beginning to settle in on the blanket, folding chair or whatever they put on their spot to see the fireworks, I’m logging in to post the President’s weekly. A day late, but nevertheless something very intriguing on the theme of jobs. This week the 9.5% unemployment [...]
Even with an impromptu firing of the four star “Runaway General” Stanley McChrystal; and an almost seamless replacement (and in management terms – demotion) of General David Petraeus from head of Central Operations Command to Afghanistan operations — oil spill still ravaging the Gulf, Congress hits a brick wall on extending unemployment benefits — the [...]
Transcript available here. This week the President made his third trip to the Louisiana coast in lieu of a trip to Australia and Indonesia, to check on the lack of progress of BP’s next move on capping the oil pipe as well as the lack of confidence in the administration’s ability to bring BP to [...]
The Gulf Coast has been hit with the worst oil spill it has had in the region’s entire history — and event about to exceed the Exxon Valdez disaster in Alaska. When President Obama announced that he was opening up some coastal areas to off-shore drilling, my initial reaction was “Are you kidding?” I love [...]
