thinkprogress.org | ECONOMY Tomorrow night, President Obama will deliver an address to Congress discussing the economic challenges that lay ahead. Senior Obama adviser David Axelrod told the the New York Times that Obama plans to “present a road map for ‘how we get to a better day.’” “The country is looking for a clear sense [...]
Archive for February 23rd, 2009
23 Feb
Daily Roundup of Issues
Progressive Breakfast: Budget Week By Bill Scher February 23rd, 2009 Budget Week Christian Science Monitor reports on the President’s budget strategy: “On Monday, Obama is expected to announce that he plans to cut the budget deficit in half by the end of his term. The White House projects that the inherited deficit of $1.3 trillion [...]
23 Feb
ELDERLY EMERGE AS A NEW CLASS OF WORKERS — AND THE JOBLESS
By CLARE ANSBERRY FEBRUARY 23, 2009 Wall St. Journal AKRON, Ohio — Mary Appleby, 76 years old, lost her job in January as a cashier at a courthouse cafeteria here. She is now looking for minimum-wage work. Mary Bennett, 80, began filling out applications for fast-food restaurants and convenience stores after she was laid off [...]
23 Feb
GOP Governors and Federal Funds
Monday, February 23, 2009 Now that the so-called stimulus plan is law, we’re left with one question: Will this package help us or hurt us? Unfortunately, I believe it is the latter, for a few reasons. First, this package will ultimately mean less, not more, economic activity. The Congressional Budget Office has found that this [...]
23 Feb
Obama’s Stunted Stimulus
By Robert J. Samuelson Monday, February 23, 2009 Judged by his own standards, President Obama’s $787 billion economic stimulus program is deeply disappointing. For weeks, Obama has described the economy in grim terms. “This is not your ordinary run-of-the-mill recession,” he said at his Feb. 9 news conference. It’s “the worst economic crisis since the [...]
23 Feb
Obama’s FDR Moment
By E. J. Dionne Jr. Monday, February 23, 2009 AKRON, Ohio — When President Obama addresses the nation tomorrow, he should not be distracted by Washington’s obsessions over partisanship and ideology. He needs, above all, to speak to the country’s raw fear. In our battered industrial heartland, there is also a strong sentiment that the [...]
