Word: movingness
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President Barack Obama this week urged the world's top economies to adopt aggressive, America-sized spending programs. "It's very important to make sure that other countries are moving in the same direction, because the global economy is all tied together," he said. (See pictures of Barack Obama's...
There were green lights everywhere, but not enough momentum to turn on the afterburners that keep traders moving into the market. That last ingredient showed up when GE (GE) disclosed that S&P had cut its coveted AAA rating to AA+. Some expected the downgrade to be worse or that...
Obama fired back the same day. "I know there are some who believe we can only handle one challenge at a time," he said, invoking Lincoln's launch of the transcontinental railroad in the midst of the Civil War. "We don't have the luxury of choosing between getting our...
The second point is that a lasered-in President is an antidote to the flightiness and indiscipline endemic to both Washington and Wall Street. Fixing one problem at a time may strike Obama as mere gum-chewing. But in modern-day Washington, one is a very high number. The reason...
How Long Will Americans Wait? Americans under stress are more receptive to the robust government that Democrats offer. So Obama believes conditions are ripe for his party's answers to problems that are far beyond the present storm. Inside the Administration, Obama's audacious budget sketch is seen as an...