Tag: the economy

US Economic Growth Accelerates – 2.9% Growth in Third Quarter

The World Street Journal reports that U.S. economic growth accelerated last quarter, easing fears of a near-term slowdown but doing little to change the trajectory of a long but weak expansion. Gross domestic product, a broad measure of goods and services produced across the economy, expanded at an inflation- and seasonally adjusted 2.9% annual rate in… Continue reading US Economic Growth Accelerates – 2.9% Growth in Third Quarter

Report – Millions of Americans Climb Out of Poverty 

According to census data released this month, 3.5 million Americans were able to raise their chins above the poverty line last year. More than seven years after the recession ended, employers are finally being compelled to reach deeper into the pools of untapped labor, creating more jobs, especially among retailers, restaurants and hotels, and paying higher wages… Continue reading Report – Millions of Americans Climb Out of Poverty 

Mitch McConnell Takes Credit for Democrats’ Economic Growth

After being a leader of The Party of NO, going against every economic policy implemented by the president and Democrats and being a member of the party that shut down the government, Mitch McConnell is now doing his best trying to take credit for economic prosperity we are now facing in this country. McConnell actually… Continue reading Mitch McConnell Takes Credit for Democrats’ Economic Growth

U.S Economy has Strongest Growth in Over a Decade

The U.S. economy posted its strongest growth in more than a decade during the third quarter, supported by robust consumer spending and business investment, the Wall Street Journal reports. Gross domestic product, the broadest measure of goods and services produced across the economy, grew at a seasonally adjusted annual rate of 5.0% in the third… Continue reading U.S Economy has Strongest Growth in Over a Decade

President’s Weekly Address – Things Are Better Now, Thanks To White House Policies

In his weekly address, President Obama took some time to praise the rebound of the American economy, something the president hasn’t done in a long time although evidence of economic prosperity is evident. The steps we took nearly six years ago to rescue our economy and rebuild it on a new foundation helped make 2014… Continue reading President’s Weekly Address – Things Are Better Now, Thanks To White House Policies

President’s Weekly Address – Sharing in A Better Economy

In this week’s address, the President highlighted the good news in Friday’s jobs report – that American businesses added 314,000 new jobs this past month, making November the tenth month in a row that the private sector has added at least 200,000 new jobs. Even with a full month to go, 2014 has already been… Continue reading President’s Weekly Address – Sharing in A Better Economy

Unemployment Rate Falls Again, More Jobs Growth in October

Another month, more Americans find work and the economy gets stronger. But Democrats stayed silent, refusing to talk about the improving economy and record jobs creation during the midterm campaign season,  allowing Republicans to push their narrative that the “economy is falling apart.” And that narrative is what voters believed when they gave Republicans the… Continue reading Unemployment Rate Falls Again, More Jobs Growth in October

President’s Weekly Address – Our Economy Has Improved, We Are Heading In The Right Direction

The economy has improved tremendously since President Obama took office. If you don’t believe me just turn off the doom and gloom from Fox News and the rest of the media, and go outside. There are over 10 million more Americans working today as opposed to when 700.000 Americans were losing their jobs every month… Continue reading President’s Weekly Address – Our Economy Has Improved, We Are Heading In The Right Direction

Forbes Compared Obama to Reagan – Obama “Outperformed” Reagan in “All Categories”

Bob Deitrick: ”President Reagan has long been considered the best modern economic President.  So we compared his performance dealing with the oil-induced recession of the 1980s with that of President Obama and his performance during this ‘Great Recession.’ “As this unemployment chart shows, President Obama’s job creation kept unemployment from peaking at as high a… Continue reading Forbes Compared Obama to Reagan – Obama “Outperformed” Reagan in “All Categories”

Economic Good News – 192,000 Jobs Added in March

The Bureau of Labor Statistics indicated Friday that the overall job situation improved somewhat during the past three months over what it had first reported. The BLS reported in its monthly job assessment that 192,000 new private jobs were created in March. Governments at all levels added no new jobs. The official unemployment rate—which BLS… Continue reading Economic Good News – 192,000 Jobs Added in March