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WHO OBAMA SHOULD LISTEN TO ON THE ECONOMY.(OPINION)(Editorial)

Article from: The Capital Times (Madison, WI) Article date: November 08, 2008

Barack Obama appeared at his first press conference as the president-elect of the United States on a day of sobering economic news. Just hours earlier, the Department of Labor had reported that 240,000 American jobs were lost in October, bringing the unemployment rate to 6.5 percent -- the highest rate in 14 years. And General Motors, the hobbled giant of American manufacturing, was announcing that it might not have enough money to make it through the end of the year.

Though his 20-minute appearance offered few details regarding specific plans, Obama acknowledged that "we are ...

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Rahm to CEOs: Get on Board With Health Care

Posted Nov 19, 08 12:27 PM CST in Business,  Politics 

Rahm to CEOs: Get on Board With Health Care
Source: AP Photo/J. Scott Applewhite

(Newser) – Rahm Emanuel has avoided the spotlight since accepting the White House chief of staff job, but he was anything but shy last night at the Wall Street Journal CEO Council, challenging his high-powered audience to help on health care. “When it gets rough out there, a lot of business leaders get out of the car and say, ‘We’re OK with minor reform.’” he said. “We’re going to have to do big, serious things.”

Taking what the Journal describes as a "combative" tone, Emanuel said the middle class was being squeezed and would revolt if business leaders didn’t do something. He also promised that the administration would “throw long and deep” with a huge economic stimulus focused on “green infrastructure,” along with aggressive tax reform, financial re-regulation and a new energy policy. “Change cannot be allowed to die on the doorsteps of Washington,” he said.

More about:  Barack Obama • President Obama • economy • health care • Rahm Emanuel

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(Newser) - How is it that Barack Obama’s warnings of impending doom manage to console, rather than panic, the nation? First, he’s contagiously calm, “more deliberate in his speech patter than John Wayne in a firefight,” writes Jack Shafer in Slate. The president-elect adopts a paternal tone when chastising: Yes, America, you’ve screwed up the economy, but “we can be redeemed!” More »

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 Daschle:
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Obama nominee pledges bipartisan effort despite controversial plan

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(Newser) - Barack Obama’s pick for Secretary of Health and Human Services promised today a bipartisan effort to reform health care, the New York Times reports. “When it comes to health care, we really are in it together,” Tom Daschle said during Senate confirmation hearings, where chairman Ted Kennedy praised the former South Dakota Democratic senator as “just the person for the job.” More »

More about:  Barack Obama • President Obama • health care • public health • Ted Kennedy • health insurance • Obama Cabinet • health care reform • Tom Daschle • Bob Dole • Senate committees • bipartisan

79% Support Obama Stimulus Plan, Poll Says

And public places
more confidence in him than in Congress

Politico Politico Jan 8, 09 9:18 AM CST
(Newser) - Most Americans favor Barack Obama's pricey antidotes for the economy, and they like him better than his pals in the legislative branch, Politico reports. A recent poll says 79% back Obama's fiscal plans, which include a $775 billion injection into infrastructure and alternative energy. The president-elect's favorable rating sits high at 63%, 22 points above that of Congressional Dems and 39 points higher than that of GOP counterparts. More »

More about:  Barack Obama • President Obama • Congress • economy • poll • economic stimulus • opinion polls • weakening economy


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