Great Depression

Yes, America did well in the ‘war on poverty’

Yes, America did well in the ‘war on poverty’

In an unabashed endorsement of government action to alleviate the plight of the poor, this week President Obama commemorated the 50th anniversary of the War on Poverty with his own call for new policies to address the continued struggles of tens of millions of Americans. In his official statement, Obama remarked that, “In the richest […]

Short-term debt limit hike under consideration by Senate Democrats

Short-term debt limit hike under consideration by Senate Democrats

Senate Democrats are drafting legislation to raise the nation’s debt limit without the type of unrelated conditions that Republicans have said they intend to demand, officials said Monday, as the White House signaled it would accept even a brief extension in borrowing authority to prevent an unprecedented default. The details of the emerging measure were […]

June jobs report: Just more bad news in an election season of doom and gloom

June jobs report: Just more bad news in an election season of doom and gloom

No President in modern times has run for re-election with unemployment is as high as it is now and if Barack Obama thought Friday’s jobs report would ease that situation he was no doubt disappointed. June’s job figures showed unemployment holding stedy at 8.2 percent and lackluster numbers for jobs growth remain the highest since […]

The politics of change

The politics of change

Change. Change. Change. A demand for change propelled Democrats to power in Congress in 2006, and then put Barack Obama in the White House two years later. Either the change wasn’t what a restive public wanted or it didn’t come fast enough. Now voters are looking toward a Republican change. “2008 wasn’t the end goal. […]

Struggling Americans to candidates: Fix the economy, stupid

Struggling Americans to candidates: Fix the economy, stupid

Boarded-up homes and empty storefronts dot the once-prosperous town of Elkhart, Indiana, where those still struggling to recover from the economic collapse of 2008 have a simple message for politicians ahead of key mid-term elections: fix the economy, stupid. While the worst economic downturn to strike the United States since the Great Depression may have […]

Obama still looking for ways to recapture his old magic

Obama still looking for ways to recapture his old magic

President Barack Obama sought to recapture the magic of his 2008 campaign, holding a large open-air rally in Ohio to help struggling Democratic candidates in the Midwestern state. Amid voter anger over the sluggish economy and 9.6 percent unemployment, Obama’s Democrats are fighting to avoid steep losses in the Congress and in state governors’ races […]

Poll: Republicans poised to take control of House

Poll: Republicans poised to take control of House

American voters unhappy at high unemployment are set to oust President Barack Obama’s Democrats from control of the U.S. House of Representatives in November 2 elections, a Reuters-Ipsos poll projected on Wednesday. The national poll found that Americans plan to vote for Republicans over Democratic candidates by 48 percent to 44 percent, an edge that […]

Obama faces voter anger, disappointment

Obama faces voter anger, disappointment

President Barack Obama on Monday said times were still tough for many Americans, as he defended his policies during aggressive questioning after the worst U.S. recession since the 1930s was declared over. As audience members at a townhall-style meeting voiced exasperation and disappointment at his administration, and one woman said she was “exhausted” from defending […]

Senate finally passes small business aid bill

Senate finally passes small business aid bill

The Senate passed a long-stalled measure on Thursday that would boost lending to small businesses, giving President Barack Obama’s Democrats one of their last chances before November elections they are working to revive the sluggish economy. The 61 to 38 vote sends the measure back to the House of Representatives, which has passed a similar […]