If you want a snapshot of the challenges facing newspapers, you should have been with me at the exhibition area at the SXSW Interactive gathering in Austin, Texas, a few days ago.
In yet another push to define the Democrats as defenders of the middle class, a top economic adviser for the Obama administration outlined Thursday the massive growth in income inequality and its ramifications on the nation. Alan Krueger, chairman of the president's Council of Economic Advisers, said that inequality is now causing an unhealthy division in opportunities and is posing a threat to economic growth. Economic mobility has decreased and the middle class has shrunk.
Alan Blinder, an economics professor at Princeton University, was a member of the Council of Economic Advisers under President Bill Clinton. Glenn Hubbard, dean of Columbia University's Graduate School of Business, chaired the Council of Economic Advisers under President George W. Bush.
Note to President Obama: Don't expect a hiring tax credit to spur much hiring.
President Obama on Monday nominated Alan Krueger to run his Council of Economic Advisers, moving to fill an important vacancy on an economic team that has undergone a nearly total makeover.
The job market strengthened in July, a welcome piece of good news that sharply contrasted other recent data pointing toward an economic slowdown.
The job market hit a major roadblock last month, as hiring slowed to a crawl and the unemployment rate unexpectedly rose. The economy gained just 18,000 jobs in June, the government reported Friday, sharply missing most expectations and coming in even weaker than the paltry 25,000 jobs added in May.
As lawmakers and the White House squabbled over the 2011 budget, dozens of prominent economists, former government officials and business leaders pressed them on Thursday to get serious about forging a long-term fix for the country's unsustainable debt.
Senators are a lot like college students. For months on end, they seem to do no work at all. And then everything gets crammed into the last weekend of the term.
Millions of jobless Americans are no doubt cheering the tax cut deal that President Obama signed into law Friday.
Jobless Americans everywhere are running out of federal unemployment benefits as Congress debates whether to extend the safety net as part of a Bush tax cut compromise.
President Obama could announce as early as Friday morning that he will tap Austan Goolsbee to be chairman of the White House Council of Economic Advisers, according to two senior administration officials familiar with the announcement.
Peter Orszag has told President Barack Obama that he plans to leave his position as White House budget director in July, an Obama administration official told CNN Monday evening.
Peter Orszag has told President Obama that he plans to leave his position as White House budget director in July, an Obama administration official said Monday evening.
The recovery is picking up steam as employers boost payrolls, but economists think the government's stimulus package and jobs bill had little to do with the rebound, according to a survey released Monday.
The ghost of Jimmy Carter's one-term presidency is hovering over President Obama as the Democrats try to pass a jobs bill in time for this year's elections. So why is the centerpiece of the measure -- a tax break for companies that make new hires -- a play straight from Carter's economic policy circa 1977?
One of the most important questions surrounding the stimulus program is also one of the most controversial: How many jobs has it created?
Now we'll never know just how many jobs were funded by the $787 billion stimulus program.
A full economic recovery may be slow to materialize, but the administration's stimulus plan is working and the economy has stabilized over the past few months, a key White House adviser asserted Friday.
Fixing America's health care system is necessary to expand coverage and prevent rising costs from further straining the U.S. economy, President Obama said Tuesday.
The Obama administration on Monday will formally unveil a program to help banks clean up their books by subsidizing private investors' purchase of troubled assets.
President Obama's lead economist predicted Sunday that the nation's struggling, recessionary economy will be growing by the end of the year.
President Barack Obama and Treasury Secretary Tim Geithner on Monday will announce administration plans to make lending to small businesses more attractive, two senior administration officials confirmed.
She is known for her cheery disposition and motherly demeanor, but Christina Romer, the president's chairwoman of the Council of Economic Advisers, is delivering the cold, hard facts on the nation's new jobless numbers.
President-elect Barack Obama is trying to rally Congress - and the public - around a two-year plan to create 3.7 million jobs and revive the economy.
President-elect Barack Obama calls the economic crisis in the United States one of 'historic proportions'.
President-elect Barack Obama on Tuesday will unveil Peter Orszag as his nominee for director of the Office of Management and Budget, two sources close to Obama's transition operation told CNN.
The U.S. economy should experience slower growth than originally anticipated for the remainder of the year and in 2007, the White House said Tuesday.
Gross domestic product, the leading economic measurement, is outdated and misleading.
The difficulty of maintaining a work-life balance may be affecting the participation rates of women in the workforce, according to a report published Thursday.
Ben Bernanke currently serves as the chairman of President Bush's Council of Economic Advisers, which provides the president with analysis and advice on economic issues.
Top White House economic adviser Ben Bernanke said Tuesday he's encouraged that inflationary pressures have been confined so far mostly to energy prices.
Fortune: BACK TO SCHOOLupdated: Mon Jul 25 2005 00:01:00
JULIE BATEMAN, 46, WAS AN EXCEPTIONAL EMPLOYEE. After 20 years at National Textiles, most recently in quality control, she had almost inhuman peripheral vision and spatial acuity: "It got to the po...
The White House sought Thursday to defuse criticism of its economic policies in the wake of its apparent retreat from a report on jobs projections, an issue that Democrats have seized on this election year.
They're back--big, fat, eye-popping deficits. So does that mean higher interest rates are around the corner? The Bush administration has an answer, albeit a heretical one. "I don't buy that there's...
Last summer news reports regularly asserted that Kevin Costner's clunker, Waterworld, was the most expensive movie ever made. In fact, that dubious distinction belongs to Cleopatra, made way back i...
Dear Mr. Statistics: Rookie Secretary of Commerce Barbara Franklin recently stated that if current occupational trends continue, the U.S.A. will have more lawyers than people by the year 2000. I re...
IS THERE an economic phenomenon more frustrating than the federal budget deficit? For a decade it has mocked us, defying all efforts to eliminate it -- from the Gramm-Rudman-Hollings Act of 1985, w...
Though the recent economic signals have been mixed, a large majority of forecasters now believe that recession can't be avoided. Fully 80% of those surveyed in the latest Blue Chip consensus think ...
The chairman of the President's Council of Economic Advisers, Michael J. Boskin, is one of the key craftsmen of Bush's economic policy. He joined Bush long before the election and has lots of what ...
Here is a question you could try on friends, in the process learning something about them. Suppose Mr. X and his family are driving in a remote area. Their car runs out of gasoline. They have no id...
THE MOST influential economist in America in 1988 was Michael Boskin, 43, the dashing Stanford professor who emerged as George Bush's chief economic adviser during the campaign and is slated for th...
Senator Ernest F. Hollings carries around identical men's shirts, one made in Taiwan, the other in the U.S. While the wholesale price of the imported shirt is less, retailers sell both for $18. His...
Probably the best government document on the state of the U.S. economy comes behind a boring cover and under a boring title: the Economic Report of the President (Government Printing Office, $10). ...
Fortune: Who needs friends?updated: Mon Mar 14 1988 00:01:00
When Martin Feldstein talks, the Japanese listen. Three years ago, at a meeting in Tokyo, Reagan's renegade former chairman of the Council of Economic Advisers warned his incredulous audience that ...
MANY FORECASTERS, including the President's Council of Economic Advisers, are counting on a hike in inventory accumulation to boost growth in the next few quarters. But business planners don't see ...
The Reagan Administration aimed its heavy artillery at the Federal Reserve over the holidays, and the Fed blinked. In a 43-page letter filed with the central bank, the departments of Labor, Commerc...
In the latest edition of his long-run best-seller, Economics (McGraw-Hill, $32.95), Paul Samuelson, 70, has a co-author. He picked William D. Nordhaus, 43, a Yale-based economist who had been a mem...
Easily the dumbest question raised on the CBS Evening News with Dan Rather during the holiday season just ended was the one proposed by Indiana housewife Elinor Vaprin and presented to the viewing ...
© 2013 Cable News Network. Turner Broadcasting System, Inc. All Rights Reserved.
|