Barack Obama, Gdp | featured news

Obama plays defense on GDP numbers

President Obama and aides will again have to defend their economic policy amid more tepid data... Alan Krueger, who chairs Obama's Council of Economic Advisers, noted that the Gross Domestic Product -- the total amount of goods and services produced in the country -- has grown for a dozen straight quarters, adding up to 6.7% over the past three years.

 

Obama hails economy's 3.2% growth rate

Obama hails economy's 3.2% growth rate

President Barack Obama acclaimed a government report on Friday that showed the economy expanded at a 3.2 percent rate in the first quarter, saying it was an "important milepost on the road to recovery."

 

Obama vows investment in science

President Barack Obama has set a goal of devoting 3% of gross domestic product to US science research.

 

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