The Obama Economy
Posted in Main Blog (All Posts) on June 5th, 2011 4:31 am by HL
The Obama Economy
Fred Barnes, The Weekly Standard
The Obama administration is 0-for-3 in meeting economic expectations. In 2009, President Obama and his advisers believed the bountiful stimulus package would give the economy a strong jolt. It didn’t, and still hasn’t. In 2010, Obama declared Recovery Summer and predicted a surge in employment. The economy lost 283,000 jobs over the summer. This year, Obama expected a significant ratcheting up of jobs and growth. There’s been a ratcheting down.
President Assad’s Bloody Hands
Killer Cellphones? Don’t Believe the WHO Hype
Marc Siegel, USA Today
As if there isn't enough to worry about in our world — a flagging economy, terrorism, weather catastrophes — add this one to your worry list: cellphones.Actually, don't add it. This week, a few of my patients (I'm a physician) peppered me with questions about this new threat to all of mankind.Should I go back to land lines?How many hours a day can I talk?What about my kids?
The Bullish Case for the U.S. Economy
James Freeman, Wall St. Journal
It's been a dreary week for economic news: slow job creation, falling home prices, lagging auto and consumer sales, and a sell-off in stocks. So it seems like a good moment to check in with one of Wall Street's leading perma-optimists, BlackRock Chief Equity Strategist Bob Doll, to see if he's still bullish on America.To my considerable relief, he doesn't disappoint. “Credit markets are sound. Money growth is good,” says Mr. Doll, whose optimism has been the right market call since March 9, 2009, when stocks hit their post-crisis lows. The Dow has since risen…
