A Myth About Job Creation

Ruth Marcus / Truthdig Sep 15, 2010 It is taken as gospel among politicians of both parties that small business is the engine of job creation. Obama, McCain, Bush, Kerry, Clinton and Reagan have made that claim. Only one problem: The assertions are overblown and simplistic. Dig deeper ( 3 Min. Read )

The Lowdown on Trickle-Down

Staff / Truthdig Sep 11, 2010 Not like the truth will make a difference for the folks who watch Fox News, but the nonpartisan Congressional Budget Office has analyzed the short-term effects of extending George W. Bush's tax cuts for the rich and concluded that doing so would be the least effective way to cut unemployment and spur the economy. Dig deeper ( 1 Min. Read )

Obama, GOP Trade Punches Over Business Bill

Staff / Truthdig Aug 31, 2010 So, President Obama was miffed on Monday at the GOP side of the Senate for thwarting his move to push a bill through Congress designed to help small businesses, but those senators weren't having it and fired back at Obama and his party with a pointed statement. Dig deeper ( 1 Min. Read )

More Tough Talk From Obama on America’s Unemployment Crisis

Staff / Truthdig Jul 20, 2010 In a Monday press conference, President Barack Obama threw down once again in his ongoing battle to extend unemployment benefits, making his displeasure with his opponents in Congress eminently clear (continued) . Dig deeper ( 1 Min. Read )

Obama Slams GOP for Obstructing Economic Progress

Staff / Truthdig Jul 17, 2010 President Obama came out swinging in his weekly address on Saturday, claiming that his administration has been pushing to help small businesses grow and strengthen the economy and blaming Republican leaders for thwarting his efforts. Dig deeper ( 1 Min. Read )

TARP Turns Its Attention to Small Banks

Staff / Truthdig Oct 23, 2009 The government-run TARP program is preparing to shift its focus from large banks -- such as Citigroup, JPMorgan Chase and Bank of America -- to smaller banks, noting that small businesses are still struggling to get access to credit. Dig deeper ( 1 Min. Read )