"He possesses a deep understanding of how jobs are created and how to grow our economy." That's what Barack Obama said as he announced the appointment of his new chief of staff, William Daley, before a crowd of admiring White House staffers.
It's not hard to understand Obama's reasons for choosing Daley. Businesses are sitting on $1 trillion in cash and refusing to make job-creating investments.
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President Obama's choice of prominent Chicago banker William Daley to serve as his new chief of staff signals a strong shift for the administration as the White House intensifies its efforts on the economy. Obama also is set to announce his new economic team Friday to coincide with the release of the first unemployment figures of the new year.
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A mixed jobs report Friday was received as partial vindication by both parties, as President Obama declared that a positive "trend is clear" and Republican called for more spending cuts.
"The pace of hiring is beginning to pick up," Obama said at Thompson Creek Manufacturing in Landover, Md. "We're also seeing more optimistic economic forecasts for the year ahead.
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When the 112th Congress convenes Jan. 5, many familiar faces will be gone from the Capitol's hallways, replaced by newcomers sent by angry voters eager to shake up Washington, D.C.
The incoming class of freshmen lawmakers is enormous by historical standards, and mostly Republican. Of the 435 House members, 96 were newly elected Nov. 2 and 87 of them are Republicans.
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President Obama challenged congressional Republicans to embrace the "shared responsibility" of governance even as the White House appears ready to use unilateral executive powers to battle Capitol Hill. With Republicans taking over the House and increasing their number in the Senate, Obama faces the possibility of having his agenda stalled with limited room to maneuver -- making for tough sledding in the two years leading up to his 2012 re-election bid.
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Consider one conundrum in American politics. Income inequality has been increasing, according to standard statistics. Yet most Americans do not seem very perturbed by it.
Barack Obama may have been elected president after telling Joe the Plumber that he wanted to spread the wealth around.
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You would think the smartest guys in the room of American politics would have figured out the tea party by now.But you would be wrong. Abundant proof was just provided on the opinion pages of The New York Times in an indignant editorial entitled “The Repeal Amendment.”
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Prosecutors in Washington state say a man was arrested after being caught wheeling a 50-inch television in a shopping cart right past a police station. Seattlepi.com reported that a bystander called 911 after seeing a man grab the TV out of the back of a delivery truck, load it in the cart and start pushing it away. A police officer heard the call, then saw the man walking by with the cart. Charging documents say that when the officer asked Johnathon D.
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Back in June, Indiana Gov. Mitch Daniels, whom many think would be an attractive 2012 presidential candidate, was quoted by Andrew Ferguson in the Weekly Standard for saying the next president "would have to call a truce on the so-called social issues." That quickly attracted some harsh criticism from opponents of abortion and same-sex marriage.
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On Boxing Day, it's worth noting that Barack Obama is down but not out. You could tell as much from the contrast between his petulant postelection press conference and his peppy pre-Christmas press conference. In the former he was crabby about accepting Republicans' demands that income tax rates on all taxpayers not be raised.
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