The wave of enthusiasm that carried the current American President, Barack Obama to power seems to have died down. Just over two years ago, Barack Obama enjoyed the kind of support that was unrivaled in the recent history of the United States. A new poll has suggested that most Americans feel that the President does [...]
Post Tagged with: "Republicans"
President Obama Attributes Lethargic Economy On Democratic “Shellacking”
On Wednesday President Obama was honest enough to acknowledge that most of his policies had not done enough to boost the lethargic economy, but also attributed the slow economic recovery to the general “shellacking” democrats had received in recent days. In his speech President Obama said that his administration had helped bring stability to the economy and spur hiring in [...]
Obama Being Pressured By Boehner To Dismiss Economic Team
In an attempt to restore Republicans to the majority when Congress elections take place this November, John A. Boehner a Representative of Ohio and the House Republican leader has urged President Obama to fire his top economic advisers. During a speech in the City Club of Cleveland, he unveiled what he called a five point [...]
Unemployment Claims Could Affect Obama Negatively
President Obama had to deal with more bad economic news before he left Washington for a vacation in Martha’s Vineyard. According to the Labor Department over 500,000 people filed unemployment claims this month alone. That number supersedes any of the previous claims for the last 9 months. These unemployment claims seem to suggest that nervous employers are [...]