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Obama Jobs Plan: Dems Fear It's too Late

From The Hill: President Obama’s new effort to revive the ailing economy may be too little, too late, according to Democrats and liberal policy experts. They contend that Obama missed his chance to turn the economy around by November 2012,

Obama's Jobs Big Idea? Spend Another $300 Billion

From the Associated Press: : The economy weak and the public seething, President Barack Obama is expected to propose $300 billion in tax cuts and federal spending Thursday night to get Americans working again. Republicans offered Tuesday to compromise with

Wednesday Open Thread: Fail Edition

Its probably about time for another Obama vacation. His polls suck. The economy sucks more. And with friends like Jimmy Hoffa Jr…Of course, it is always possible another SPEECH turns things around.

Healthcare Lobby Hopes Debt Commission Fails

From Reuters: The powerful healthcare industry hopes a congressional “super committee” tasked with slashing America’s debt will fail and is lobbying instead for automatic spending cuts that will kick in if the panel deadlocks. Much of the health sector believes

Romney Unveils Jobs Plan: Tax Reform and Less Regulation

From AFP: Republican US presidential hopeful Mitt Romney unveils his economic plan Tuesday, focusing on lower taxes, less regulation, scrapping the Obama health plan and ending trade “surrender” to countries such as China. The former front-runner in his party, Romney

The Cheat Sheet: Tuesday

You’ll want to read up on Media Matters for America (MMfA) editor, Erick Boehlert’s blunder this morning. Everyone knew he’d be big – and they were Right. Now, Boehlert has been left looking like the biggest dummy on the Internet

Tuesday Open Thread: Teamsters Edition

No doubt, Teamster President Jimmy Hoffa Jr meant his declaration of ‘war’ against the tea party metaphorically. Because the Teamsters have no history of violence. Metaphor. Yeah, that’s it.

World Markets Savaged by US Recession Fears

From the Associated Press: World stock markets took a beating Monday over fears that the U.S. economy was heading back into a recession just as the European debt crisis was heating up and the eurozone’s economic indicators were slumping. Any

Labor Day Open Thread

In honor of labor, instead of taking the day off, do some kind of work, somewhere today.

Asian Stocks Down on Lousy US Jobs Report

From the Associated Press: Asian stock markets took a beating Monday after U.S. job creation ground to a halt in August, reviving fears of a recession in the world’s largest economy. Japan’s Nikkei 225 stock average was down 1.7 percent

Palin Tells Supporters: 'Room for More' in GOP Race

From The Washington Post: Sarah Palin tantalized supporters on the eve of her appearance at a tea party rally by telling reporters “there’s room for more” candidates in the contest for the Republican presidential nomination. But she gave no hint

Saturday Open Thread: Lee Edition

Tropical Storm Lee is bearing down on the Louisiana coast. The storm isn’t expected to threaten New York City, so your cable news programming this weekend should be normal.

Recovery Bummer Panic: Obama Halts Controversial EPA Regulation

From The Associated Press: President Barack Obama on Friday scrapped his administration’s controversial plans to tighten smog rules, bowing to the demands of congressional Republicans and some business leaders. Obama overruled the Environmental Protection Agency–and the unanimous opinion of its

The Cheat Sheet: Friday Morning Wrap-Up

Recovery Bummer: The economy added ZERO jobs in August. “Economists” had been expecting a significant increase. In a continuing pattern, job growth estimates for both June and July were revised downward. We expect today’s report to be revised downward next

Democrats Distancing Themselves from Obama

From The National Journal: The president’s dismal poll ratings, should they continue into next year, could sink Democratic hopes for reclaiming ground in the House and retaining control of the Senate — especially in battleground states and swing districts. “If

Recovery Bummer: Productively Falls in Spring, Labor Costs Rise

From The Associated Press: Worker productivity fell this spring more quickly than previously estimated while labor costs were rising at a faster clip. Both developments could pose threats to a fragile economic recovery. The Labor Department reported Thursday that productivity

The Cheat Sheet: Thursday Morning Round Up

Yesterday was Speech-apalooza ’11 with the GOP vs. Obama and Palin vs. Iowa Tea Party as the top bouts. Palin and the Tea Party seem to have gotten things straightened out, while the GOP vs. Obama remains contested for the

DOJ Sues to Block AT&T/T-Mobile Merger

From the Associated Press: Justice Department officials say they’ve filed suit to block AT&T’s $39 billion deal to buy T-Mobile USA. The government contends that the acquisition of the No. 4 wireless carrier in the country by No. 2 AT&T