Word: overeers
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Dates: during 2000-2009
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In a Dec. 8 speech at the Brookings Institution, he wrapped his new stimulus plans in a partisan critique, charging that Republicans "presided over the decision-making that had led to the crisis" and then handed "it over to others to solve." He accused the GOP of "waxing political about...
Long past dreams of Beltway comity, Obama is now in a political tight spot, wedged between sky-high unemployment and lingering concerns over government spending and debt. That choice pits the President's left flank against his moderate supporters. Meanwhile, Republicans have found some traction on the economy, for which...
In private, Obama's aides have long fretted over the danger of a slow recovery and ballooning deficits, and the President has been slipping in the polls on both fronts. For now, however, the West Wing calculation is that bad polls today matter far less than bad polls three years...
All this explains why Obama is being very careful about how he packages the new spending ideas, which could push the total stimulus price tag past the $1 trillion mark. For starters, he never used the word stimulus in his Dec. 8 speech to describe the new effort, perhaps because...
Some liberal economists have maintained that the stimulus bill in February was not big enough to fill the economic crater left by the financial crisis. Obama aides refused to endorse that position, even after Obama began planning another stimulus effort in September. Though the Great Recession is officially over, credit...