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FRIDAY, NOVEMBER 20, 2009
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NEWS ABOUT: US economy

US economy stories: 303 news summaries

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 Obama 
 Approval
 Rating Dips 
 Below 50% 

Americans sour on handling of economy, Afghanistan

Nov 18, 09 11:40 AM CST
(Newser) - Less than half of Americans polled approve of President Obama’s performance for the first time. A new Quinnipiac survey has his job approval rating at 48%, with 42% disapproving. Other polls have his rating at 53% and 56%, and a Quinnipiac pollster admits the new number “is not... More »

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US economy • Quinnipiac University • approval ratings • Afghanistan war • opinion polls • Obama administration • President Obama

DAVID BROOKS

 US Needs to Regain 
 Faith in the Future 

China shouldn't have monopoly on dynamism

Nov 17, 09 4:00 AM CST
(Newser) - America needs to overcome its "crisis of faith" caused by China's phenomenal growth, writes David Brooks. Today's China is optimistic, forward-looking, and dynamic in the way America once was and should hope to be again, he points out in the New York Times . Surveys show that 86% of... More »

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China • US economy • Chinese economy • optimism • David Brooks • future

 US Innovation 
 Stagnates: Survey  

Americans think China is winning—and China thinks we're on top

Nov 16, 09 2:08 PM CST
(Newser) - Most Americans are anxious about a future they believe will be fueled by innovation—innovation they are doubtful will come easily in this country without major changes to the education system. Nearly two-thirds of Americans say the recession has hobbled the country’s ability to innovate, and just 41% see... More »

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China • innovation • US economy • science education • survey • opinion polls • math • energy sector

 Poll: Grouchy 
 Public Sticks 
 With Obama 

Glum nation pessimistic about economy, wars

Nov 11, 09 4:49 AM CST
(Newser) - America's mood has crashed hard after the euphoria that greeted Barack Obama's inauguration: A recent poll shows the country in a pessimistic funk as the president struggles to revive the economy and fight two wars abroad. But Americans haven't lost all faith in Obama: His approval stands at 54%, no... More »

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US economy • approval ratings • Iraq war • Afghanistan war • opinion polls • polls • President Obama

PAUL KRUGMAN

Dems Will Regret Not Being Bolder on Economy

Voter backlash is about failure to lower unemployment

Nov 6, 09 6:48 AM CST
(Newser) - Paul Krugman doesn't buy the GOP conclusion that voters Tuesday rejected the Obama agenda. The election just showed that American voters are worried about their jobs, he writes, and this time next year, with unemployment still high, Democrats will likely regret not having been bolder on the economy when... More »

MORE ABOUT:
recession • unemployment • US economy • Paul Krugman • economic stimulus package • Obama administration • President Obama • election day November 2009

Bernanke: US Must Save More, Asia Spend More

Fed chief warns global imbalances could trigger new meltdown

Oct 20, 09 8:46 AM CDT
(Newser) - The world economy is headed back down the drain if Asians don't start spending more and Americans don't start saving more, Ben Bernanke said at a conference yesterday. The Fed chief warned that unequal trade patterns were partly to blame for the financial crisis and that they are re-emerging as... More »

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China • Ben Bernanke • Federal Reserve • US-China trade deficit • trade deficit • US economy • Chinese economy • trade gap • financial crisis

OPINION

 China's Rise Threatens 
 to Turn US Into Britain 

America will end up as an also-ran if it can't reinvigorate its economy

Oct 13, 09 4:45 AM CDT
(Newser) - America used its financial clout to knock the British Empire into second place last century and it's in danger of receiving the same treatment from China in the not-too-distant future, writes Zachary Karabell. China is the American government's biggest creditor, much as the US was to Britain in 1946, Karabell... More »

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China • deficit • US economy • Britain • US dollar • British Empire.

OPINION

 Put New 
 Stimulus 
 to Work for 
 Unemployed 

Painful 'new normal' isn't good enough

Oct 7, 09 2:08 AM CDT
(Newser) - Economists are buzzing about a "new normal" of higher unemployment and wage stagnation post-recession, but Americans shouldn't resign themselves to a mediocre economy, writes Harold Meyerson. Downturns triggered by banking crises usually cause higher rates of unemployment for longer periods than normal downturns, but the cycle can be broken... More »

MORE ABOUT:
recession • unemployment • US economy • New Deal • economic stimulus package • job creation

 Obama Mulls 
 Tax Cuts, 
 Spending to 
 Goose Economy 

Grim jobs outlook spurs talks on new stimulus measures

Oct 6, 09 5:52 AM CDT
(Newser) - The Obama administration is examining new ways to boost the economy amid troubling unemployment statistics. The White House and Democratic leaders in Congress are considering strategies that include new transportation spending and an extension of tax credits for first-time homebuyers and small businesses struggling with operating losses. A proposal to... More »

MORE ABOUT:
employment • recession • unemployment • US economy • economic stimulus package • Obama administration

OPINION

 Recession's Over, 
Need for More Stimulus Isn't

Job market needs big improvements now to avoid a troubled future

Oct 2, 09 6:49 AM CDT
(Newser) - The recession may technically be over but that's no reason for policymakers to start hanging up "Mission Accomplished" banners, writes Paul Krugman. Getting complacent about the state of the economy will result in a vast amount of human misery, he says, because the job market is still terrible and... More »

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recession • US economy • Paul Krugman • economic stimulus package

ANALYSIS

Rise in Mergers 
Signals Fresh Confidence 

Chief execs becoming more bullish about recovery prospects

Sep 29, 09 3:00 AM CDT
(Newser) - Mergers and acquisitions activity is still way down from pre-financial crisis levels, but a recent flurry of big deals suggests America's chief executives are regaining confidence in their own businesses. Recent mergers have involved strategic buys by big companies instead of the debt-fueled private equity buys seen a couple of... More »

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private equity • Wall Street • mergers and acquisitions • merger • US economy • Xerox • financial crisis • Affiliated Computer Services

 Jobless Outnumber Jobs, 6-1 

Ratio hits worst level since recording began in 2000

Sep 27, 09 10:38 AM CDT
(Newser) - Even as the US pulls out of the recession, the ranks of the out-of-work have swelled to 14.5 million people, leaving six jobless people vying for every available job—the worst ratio since the Labor Department began keeping track in 2000. "There's too much uncertainty out there,"... More »

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unemployment • US economy • jobless

 G20 Near Deal to Open 
 Economies to Scrutiny 

'Peer review' system will let nations assess each other's policies

Sep 25, 09 6:17 AM CDT
(Newser) - The G20 is on the brink of a deal this morning that will require members to "peer review" one another's economic policies—a substantial shift that will expose the US and China to wider scrutiny from less wealthy countries. The new top table for international negotiation wants less American... More »

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International Monetary Fund • oversight • IMF • global economy • US economy • Chinese economy • peer reviews • G20 • Group of 20

 Geithner Warns of 
 Long, Hard Road Ahead 

Administration a long way from saying 'mission accomplished' on financial crisis 

Sep 11, 09 5:43 AM CDT
(Newser) - The economy is no longer on the brink of the abyss but there's a long way to go before recovery takes hold, Tim Geithner warned yesterday. The Treasury secretary told a congressional committee that while the financial system is showing signs of better health, regulation of the financial system needs... More »

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recession • US economy • House Committee on Oversight and Government Reform • Treasury secretary • financial crisis • Wall Street bailout • TARP

OPINION

Forget Health Reform—We Can't Afford It

The economy should
be Obama's top priority: Henninger

Sep 10, 09 8:50 AM CDT
(Newser) - Barack Obama makes health care sound like the most pressing issue in American life, but with unemployment at 10% and the country still officially in recession, Daniel Henninger wonders why he's "draining a dwindling reservoir of presidential capital." The cost of health care may be a problem for... More »

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health care • Barack Obama • health care costs • recession • unemployment • US economy • health care reform • economy • Obama administration • Wall Street bailout • TARP

ANALYSIS

 Dropout Rates 
 Turning US Colleges 
 Into 'Failure Factories' 

Students' failure to make it to the finish line is dragging down the economy

Sep 9, 09 6:17 AM CDT
(Newser) - The failure of America's colleges to turn more freshmen into graduates is doing huge amounts of damage to the economy, David Leonhardt writes in the New York Times. Only half of those enrolled in college emerge with a degree, the worst rate of any developed country except Italy. This dismal... More »

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higher education • US economy • graduation • college tuition • colleges and universities • state colleges • graduation rates • Jay-ZTV

In Recovery, Business Will Profit at Workers' Expense

Short-term outlook 'great for business, terrible for households'

Sep 5, 09 9:18 AM CDT
(Newser) - The economy is slowly improving, but companies will see the benefits long before the unemployed and underemployed will, Bloomberg reports. A Department of Labor report released yesterday found that the average workweek is at a near-record low of 33.1 hours. The lack of uptick in part-time hours is an... More »

MORE ABOUT:
economic growth • recession • unemployment • US economy • Department of Labor • US employment • underemployment

(Newser) - President Barack Obama asked Americans to put no stock in "outlandish rumors" that health care reform will "promote euthanasia, or cut Medicaid, or bring about a government takeover of health care," in his weekly radio and Internet address today. "That's simply not true." Politico noted... More »

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health care • recession • unemployment • US economy • health care reform • employment report • President Obama • radio address

(Newser) - Job losses slowed more than expected last month, and unemployment fell from 9.5% to 9.4% in its first dip since April 2008, the Labor Department announced today, marking another strong positive sign for the economy. Payrolls fell by 247,000, a big improvement over the 443,000 lost... More »

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unemployment • US economy • payrolls • jobless claims • financial crisis

interview

McCain: Obama Governing
From 'Far Left'

He blasts policies in interview, praises Palin for energizing party

Aug 1, 09 8:34 AM CDT
(Newser) - John McCain is busier, and angrier, than ever, writes Stephen Moore in the Wall Street Journal. The senator has become one of the fiercest critics of Obamanomics, with free-flowing stimulus and bailout dollars re-energizing his career-long fight against pork-barrel spending. President Obama was elected to govern from the center, McCain... More »

MORE ABOUT:
John McCain • Senate Republicans • US economy • pork barrel spending • Sarah Palin • Election 2012

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