The National Bureau of Economic Research officially declared the recession over in June 2009, yet most people still think the nation’s economy is hurting. The silver lining for President Obama is fewer feel that way today than at any time since he took office. CONT. Dana Blanton, Fox News Read more »
Main concern of consumers: Dismal wage prospects
Consumer confidence declined in May, according to the Thomson Reuters/University of Michigan Surveys of Consumers. … The decrease in May was not due to the gloomy state of the economy during the 1st quarter—which had the weakest pace of growth in Gross Domestic Product in three years—but rather, because consumers […] Read more »
The Republican Case Against Republican Economics
After the 2012 presidential election, key Republicans began to criticize their party’s opposition to immigration reform and gay rights. But now party reformers are questioning something much more central: free-market orthodoxy. CONT. Thomas Edsall, New York Times Read more »
Public upset over VA scandal; Obama remains at 43%
Nearly six in ten Americans give President Barack Obama a thumbs-down on how he is handling the Veterans Affairs controversy, according to a new national poll. But a CNN/ORC International survey released Tuesday indicates that the scandal at VA hospitals doesn’t seem to be affecting the President’s overall approval rating, […] Read more »
Obama Slips on International Affairs – A New Challenge on Top of the Old Ones
Barack Obama’s approval rating on handling international affairs has dropped under water for the first time in his presidency in a new ABC News/Washington Post poll, a further challenge as he seeks to regain his footing in his second term. CONT. Gary Langer, ABC News Read more »
U.S. Economic Confidence Ticks Up to -14 in May
Gallup’s U.S. Economic Confidence Index increased to -14 in May, its highest monthly reading in 2014 so far. May’s economic confidence reading, however, remains significantly below the -7 average found in May 2013, which was the highest monthly average since Gallup began tracking the measure in 2008. CONT. Justin McCarthy, […] Read more »