TPM News

President Obama took no questions at his brief White House appearance Friday, bidding the press corps. farewell with an “aloha.” The president heads to Hawaii now to join his family.

The payroll tax cut extension fight is not completely over, President Obama said Friday. “We have a lot more work to do,” he said.

At a townhall event in South Carolina Friday, Newt Gingrich mentioned working with others like Jack Kemp in the 1970s to create a plan called “supply-side economics.” That plan included lowering taxes and praising the job-creators. Obama, he says, attacks the job creators.

After Joe Biden penned an op-ed in the Des Moines Register Friday on criticizing Romney’s proposed economic policies and laying out the beliefs of the Obama administration, Romney responded: “It’s just astonishing to have the vice president write an op-ed, trying to describe how good things are.”

Romney went on to explain that, while obviously things eventually improve after a recession, that Obama’s policies have been ineffective, and his legislation has slowed growth.

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