President Obama covered a lot of ground in his press conference today, but what’s sure to get the most attention is a claim he made about the health of the private economy. This is regarded as newsworthy because reporters recognize (correctly) that Republicans will use it out of context in attack ads.
Here’s the full quote: “The truth of the matter is that, as i said, we’ve created 4.3 million jobs over the last 27 months, over 800,000 just this year alone. The private sector is doing fine. Where we’re seeing weaknesses in our economy have to do with state and local government”
And, via Matt Yglesias, the data: Read More
President Obama, earlier:
We have mechanisms in place where if we can root out folks who have leaked they will suffer consequences
President Obama will make a statement on the economy from the White House briefing room at 10:15AM. He is expected to take questions.
Watch live here.
Jonathan Cohn: “Conservatives never liked left-wing, government-run solutions to problems like unaffordable health care and climate change. These days they don’t seem to like right-wing, market solutions, either.”
Sales of a new generation of electric cars have been slow, thanks in part to little public infrastructure yet supporting them, but there’s still been a sense that American auto companies’ second dance with EVs is something more permanent.
But could America’s booming natural gas business change all that?
President Obama to make appearance in White House briefing room at 10:15 ET this morning.
No one seems to realize it yet. But a bad economy turns the budget debate in Congress totally upside down.
The Large Hadron Collider — otherwise known as The Big Bang Machine — is apparently no match for the gravitational pull of the Moon.
Curt Schilling, famed former pitcher for the Boston Red Sox, and champion of conservative causes hasn’t proved to be a particularly talented businessman.
Rhode Island lured his video game venture 38 Studios to the state with the promise of $75 million in guaranteed loans.
Today the company filed for bankruptcy.
But perhaps of more concern for Schilling, the FBI and other law enforcement agencies “are working together to investigate activities that have recently come to light at 38 Studios.”