Barack Obama, Economy | featured news

New Romney ad hits Obama on the "fine" economy

Presumptive presidential nominee Mitt Romney has released a Web video hammering President Barack Obama for his assertion Friday that "the economy is doing fine."

Senh: In Barack Obama's defense, the economy is improving overall the past week. Sin-Mao writes, "U.S. jobless claims last week fell for the first time since April, which is great news after May’s disappointing unemployment and job growth numbers. Another good news is that sales from wholesale businesses grew in April. Wholesale stockpiles also grew in that month, which is an indication that we should see economic growth for the April-June quarter."

 

Activists jab Obama and Romney on economy

Separated at rival conferences by 1,000 miles and a world of political ideology, liberal and conservative activists are finding themselves united by a deep disappointment with the nation's economy....

 

Obama Clarifies 'Doing Fine' Comment On Private Sector Jobs

President Barack Obama, seeking to clarify comments about the strength of the U.S. economy, said later Friday it is "absolutely clear" that the U.S. economy is "not doing fine." Obama spoke hours after saying in a White House news conference that "the private sector is doing fine." Republicans pounced on those comments, saying they showed Obama had a lack of understanding about the nation's economic woes.

 

In $7 million ad buy, Crossroads GPS blasts Obama on debt

Crossroads GPS

Crossroads GPS, the sister organization to the super PAC American Crossroads, is launching a $7 million TV ad Tuesday blasting President Obama over the national debt, and accusing him of "growing our debt faster than our economy.

 

Perception turns against Obama

Barack Obama

Weak jobs report and tightening poll numbers have increased perceptions that President Obama may be more vulnerable in November than once believed.

 

Which Would You Rather Have - Low Gas Prices or Better Economy? Because You Can't Have Both

As expected, when the economy took a hit like yesterday when job growth was anemic and unemployment went up slightly, oil prices went down. It has nothing to do with supply and demand.

 

Jobless rate now a leading political indicator

The discouraging new unemployment numbers present President Barack Obama with a sobering reminder that an uneven recovery from the recession can be a fragile argument for his re-election. It's all deepening his anxiety over the political and economic threat posed by the European debt crisis....

Senh: Overall, the unemployment rate has dropped from a high of 10% to 8.2% since Barack Obama became president. That's pretty good considering how the rest of the world is doing. You gotta look at the big picture.

 

Obama team to focus on Romney's record in Mass.

President Barack Obama's campaign is opening a new critique of Mitt Romney, focusing attention on the Republican's economic record as governor of Massachusetts....

 

Obama goes after Romney -- the businessman

President Obama, targeting Mitt Romney's work at Bain Capital, says private equity is not good preparation for the presidency.

 

Obama, other G-8 leaders push economic growth over austerity

President Obama and leaders of the world’s other leading economies Saturday embraced a policy of growth over austerity in Europe as they met on the cloistered grounds of Camp David to talk about fending off a spread of the Eurozone crisis.

 

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