Word: whats
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Dates: during 2000-2009
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What a difference a year makes. The first time President Obama appealed to Congress to pass a stimulus package, in January, he went with arms outstretched, seeking "solutions that advance not the interests of any party or the agenda of any one group but the aspirations of all Americans." He...
But Republicans can't argue with the still precarious position of the nation's economy. The recession has officially ended, but the country remains on a sort of economic life support. Credit remains scarce, especially for small businesses. Unemployment hovers above 10%. The commercial real estate market is crashing, the...
"We have to make absolutely positively sure that this recovery evolves into a self-sustaining economic expansion, and that is what this is all about," says Mark Zandi, an economist for Economy.com who has advised both Republicans and Obama. "If we go back into recession, it's going to blow...
Obama tried to make that point in his speech. "There are those who claim we have to choose between paying down our deficits on the one hand, and investing in job creation and economic growth on the other," he said. "This is a false choice." But as pointed as the...
"The speech was certainly very general," says Rob Puentes, an expert on infrastructure investment at Brookings, who was still trying to work out on Tuesday afternoon what Obama had meant hours earlier when he called for a "boost in investment in the nation's infrastructure."