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Ear to the Ground

White House Cranks Up the Job Talk

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Posted on Feb 11, 2010
unemployment olympics
Flickr / clementine gallot

A makeshift unemployment office at the “Unemployment Olympics” held in Manhattan’s Tompkins Square Park in March 2009.

The Obama administration is homing in on the employment issue, a prime concern for millions of Americans and one that could have a considerable impact on this year’s midterm elections. Not like that’s what the White House is worried about or anything.

Regardless of Team Obama’s motivation or intent, the Council of Economic Advisers released a report Thursday detailing the administration’s efforts over the last year to help the U.S. economy recover from the economic catastrophe of late 2008 and the ensuing bailout and unemployment debacles.  —KA

The New York Times:

Casting its first year as positive, the administration’s 462-page report served as a summary of its logic and a pitch for Obama’s future agenda.

Recognizing voters were likely to hold Obama to account for the economy, the White House team cast blame on their predecessors and unpopular Wall Street bankers.

‘‘I think there’s just no way to understate how huge the economic challenges facing the country have been this past year,’’ said Christina Romer, head the Council of Economic Advisers. ‘‘So everything obviously from the financial crisis, the terrible recession, but the longer-run problems—the stagnating middle-class incomes, soaring health care costs, the failure to invest in education, innovation, clean energy—we certainly inherited an economy with a number of economic problems.’‘

It’s not clear whether the it-didn’t-break-on-my-watch message would resonate with voters. Republicans were quick to describe the document as propaganda masquerading as governing.

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MarthaA's avatar

By MarthaA, February 13, 2010 at 3:07 pm Link to this comment

These 4 interviews with Professor Jeff Cohen give you a little idea of what the Change idea is and what to do about no change:

Progressives and the Democratic Party - Part 1:
http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=4775

Progressives and the Democratic Party - Part 2:
http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=4783

Progressives and the Democratic Party - Part 3:
http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=4786

Progressives and the Democratic Party - Part 4:
http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=4787

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By Vic Anderson, February 12, 2010 at 5:50 am Link to this comment
(Unregistered commenter)

What’s the CHANGE? Certainly NOT the content of the presidents’ character!

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MarthaA's avatar

By MarthaA, February 11, 2010 at 5:53 pm Link to this comment

Once one could believe what the New York Times, the Washington Post and the Wall Street Journal said as being truth, but not anymore, they have sold their souls and are under new management arrangements, if they say something, it may be true, but is highly likely to be like their WMD, subjective or mostly subjective.

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By ofersince72, February 11, 2010 at 1:11 pm Link to this comment

That elephant will be here through our dimise

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By gerard, February 11, 2010 at 11:45 am Link to this comment

In a sea of abstractions, a few floating chips of hot air can be found:  “The legislation aims to increase consumer protections on loans and credit cards, add restrictions to previously unregulated financial products and find ways to dismantle failing firms without resorting to taxpayer bailouts.”
  Try “protections on loans” in a system that feeds on interest, repossession and bankruptsy.
  Try “regulating financial products” in the hands of beneficiaries who own the government.
  Try “dismantling failing firms” without resorting to taxpayers’ money. 
  But ignore the elephant in the room:  Convert war industries to peace industries. Here’s where the real possibilities for a future are to be found—using money for humane services.

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