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By THOMAS F. SCHALLER | July 18, 2007
If you think President Bush's abysmal public approval is strictly a function of his mismanagement of the Iraq war, think again: While Mr. Bush's overall approval, depending on the poll, hovers near 30 percent, his approval for handling the economy is not much better. A June national poll by the American Research Group, in fact, pegged Mr. Bush's overall approval at 27 percent and his handling of the economy just 2 points higher, at 29 percent. Given that the war has eaten most of the president's national agenda, is it any surprise that he gets low marks for policies that have nothing to do with Iraq?
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NEWS
January 2, 2014
By most statistical measures, 2013 will be remembered as a respectable but not great year for the U.S. economic recovery. The gross domestic product grew by about 2.5 percent, which was slightly better than the nation has seen since the end of the Great Recession, and the number of jobs grew by about 200,000 a month. But you wouldn't know that on Wall Street, which just wrapped up a year that was anything but average. By any standard, it was a monster year for stocks, one of the best of all time and a surprise to all the investment doomsayers.
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NEWS
By Los Angeles Times | September 6, 1995
WASHINGTON -- In a major speech on economic policy in Chicago, Kansas Sen. Bob Dole set aside his long-held concerns about the deficit and embraced the major tenets of supply-side policy: a "flatter tax system," abolition of the Internal Revenue Service and a constitutional amendment requiring a super-majority in Congress to raise taxes.The speech marks a milestone for Mr. Dole, for years derided by supply-siders, in a put-down made famous by Rep. Newt Gingrich, as the "tax collector for the welfare state."
NEWS
March 18, 2013
Only among The Sun's editors and the Democratic Party is the 3.5 percent annual growth in the federal budget proposed by Republican Rep. Paul Ryan considered "egregious" ("Unbalanced budgeting," March 14). Representative Ryan's plan to spend "only" $41 trillion rather than $45 trillion over the next 10 years is somehow painted as draconian. His goal of balancing the budget in 10 years is labeled "arbitrary. " And he's pilloried over and over for offering a credible alternative to unsustainable deficits and an economic future that could end very badly.
NEWS
By NEW YORK TIMES NEWS SERVICE | September 24, 1995
The nation's manufacturers, restless that weak demand is restricting production and profits, declared yesterday that the United States is capable of much greater economic growth -- without a sharp increase in inflation -- than the Clinton administration, the Federal Reserve and Wall Street believe is possible.The manufacturers' declaration, in a resolution adopted unanimously by more than 100 directors of the National Association of Manufacturers, is their bluntest, strongest statement on the issue.
NEWS
April 14, 1995
Hobart RowenPost columnistHobart Rowen, a Washington Post columnist who wrote about business and the nation's economic policy for five decades, died of cancer yesterday. He was 76."Bart taught a generation of business journalists here and around the country how to cover economic policy in a more sophisticated way," said David Ignatius, the Post's assistant managing editor for business.A passionate advocate of free trade, Mr. Rowen emphasized that the United States was part of a global economy, and his columns pushed financial reporters and government leaders to look at the larger picture.
NEWS
November 4, 2012
The Romney/Ryan economic "plan" is like the hair-of-the-dog "cure" for a hangover: Have another drink! After the Bush administration tax cuts led us to the brink of a depression, Mitt Romney is proposing more of the same, with no credible strategy to generate income to offset the resulting deficits - a clear formula for economic disaster. The Republican Party's economic policy is bankrupt, as will be the country if they win on Tuesday. Bruce Krueger, Ellicott City
NEWS
October 8, 2012
President Obama finally showed America, especially his base, his inability to grasp America's complex economic machine. When elected, everyone knew he lacked leadership experience, but we hoped he would learn quickly and hire seasoned advisors who understood America's middle-class dilemma - rising prices, declining wages and disappearing jobs. Well, we gave him four years to learn and the proof is in the pudding: Mr. Obama's economic policy is a disaster. It is bad enough that as president, Mr. Obama was unable to articulate a cogent economic recovery plan, let alone execute a successful economic stimulus policy that produced jobs and rising incomes.
NEWS
January 15, 1993
Mark Gearan: assistant to the president and deputy chief-of-staffDavid Watkins: assistant to the president for office of administration and managementChristine Varney: deputy assistant to the president and Cabinet secretaryBruce Lindsey: assistant to the president and senior adviser and director: Office of PersonnelL John Podesta: assistant to the president and staff secretaryNancy Hernreich: deputy assistant to the president for appointments and schedulingEli Segal:...
NEWS
By Los Angeles Times | April 3, 1991
IF PRESIDENT Bush could do to the national recession what, as commander in chief, he did to the Iraqi army in Kuwait -- i.e., wipe it out -- some people might want to launch a campaign to abolish the 22nd Amendment.Forget about such a scenario, however: The recession is a more resourceful and powerful enemy than even one of the world's largest military forces. Everyone realizes that the age-old Keynesian remedies for jump-starting an economic engine are mostly unavailable when fiscal prudence -- and worldwide pressure -- requires Washington to address the huge budget deficit.
NEWS
By John E. McIntyre and The Baltimore Sun | December 1, 2012
Each week The Sun's John McIntyre  presents a moderately obscure but evocative word with which you may not be acquainted, another brick to add to the wall of your working vocabulary. This week's word: DIRIGISTE You may be a free-market advocate, or you may favor governmental intervention in the economy. If you are the latter, you can call yourself a dirigiste  (pronounced de-re-ZHEEST). It's a straight steal from the French, along with dirigisme (de-re-ZHEES'M)
NEWS
November 4, 2012
The Romney/Ryan economic "plan" is like the hair-of-the-dog "cure" for a hangover: Have another drink! After the Bush administration tax cuts led us to the brink of a depression, Mitt Romney is proposing more of the same, with no credible strategy to generate income to offset the resulting deficits - a clear formula for economic disaster. The Republican Party's economic policy is bankrupt, as will be the country if they win on Tuesday. Bruce Krueger, Ellicott City
NEWS
October 8, 2012
President Obama finally showed America, especially his base, his inability to grasp America's complex economic machine. When elected, everyone knew he lacked leadership experience, but we hoped he would learn quickly and hire seasoned advisors who understood America's middle-class dilemma - rising prices, declining wages and disappearing jobs. Well, we gave him four years to learn and the proof is in the pudding: Mr. Obama's economic policy is a disaster. It is bad enough that as president, Mr. Obama was unable to articulate a cogent economic recovery plan, let alone execute a successful economic stimulus policy that produced jobs and rising incomes.
NEWS
September 25, 2012
The Baltimore City Council made the right choice Monday in unanimously approving an important provision in the deal that will retain Under Armour's corporate headquarters at Tide Point and allow the maker of branded performance apparel to greatly expand its presence here and add as many as 1,600 new jobs over the next decade. Under Armour is Baltimore's fastest-growing large employer, and Mayor Stephanie Rawlings-Blake was also correct to "protect this house" and take the necessary steps to enable the expansion, which is expected to include a new 80,000-square-foot office building and retail outlet in the short term and eventually an office building three times that size and an 800-space parking garage, as well as athletic fields and walking trails.
NEWS
September 18, 2012
If 47 percent of American voters weren't in the bag for President Barack Obama before, they certainly are now. The video of Republican presidential nominee Mitt Romney writing off nearly half of the American population as layabouts with no feeling of personal responsibility, a victimhood complex and an addiction to government services may hit a new high-water mark for self-inflicted wounds in an electoral campaign, not just because it was insulting but...
NEWS
Thomas F. Schaller | April 3, 2012
Mitt Romney has been treated rather roughly, even unfairly, by the national media. Yes, in December he challenged Rick Perry to a $10,000 bet - an amount interpreted to indicate the kinds of absurd sums an out-of-touch man of Mr. Romney's wealth and status might actually bet with a friend or colleague - over a dispute about the former Massachusetts governor's position on the individual health care mandate. But clearly Mr. Romney didn't mean to actually make such a bet, or at least not for that real amount; he said it to indicate his confidence that Mr. Perry was lying about his record.
BUSINESS
By Christi Parsons and Jim Puzzanghera and Christi Parsons and Jim Puzzanghera,Tribune Newspapers | August 26, 2009
As President Barack Obama announced his decision to renominate Federal Reserve Chairman Ben Bernanke for a second term Tuesday, both men presented a message of stability in the face of a persisting recession. "The Federal Reserve, like other economic policy makers, has been challenged by the unprecedented economic events of the last few years. ... We have been bold," Bernanke said after the announcement. "If confirmed by the Senate, I will work to the utmost of my abilities ... to help find a solid foundation for growth and stability."
NEWS
By New York Times News Service | December 24, 1992
MOSCOW -- President Boris N. Yeltsin approved yesterday Cabinet put together by Prime Minister Viktor S. Chernomyrdin that, with a few exceptions, is a replica of the much-maligned government led by Yegor T. Gaidar, a young, reform-minded economist.In holding together the core of the Gaidar team, the Russian leader has accomplished a goal he set with great flair last weekend when he cut short a trip to China to take charge of the appointments.Mr. Chernomyrdin, a 54-year-old Soviet-era technocrat, became prime minister a week ago, when a conservative majority at the Congress of People's Deputies forced Mr. Yeltsin to abandon Mr. Gaidar.
NEWS
March 20, 2012
A report last year that Maryland ranked last in the nation for job creation over the previous 12 months deserves a response ("Maryland ranks last in job creation," June 18). Let's get rid of the Baltimore Development Corporation, the Maryland Economic Development Group, and any public or quasi-public group in this state that has business development in its charter. Think of all the millions of dollars we could save to put to better use, such as lowering the personal and corporate tax rates here.
NEWS
November 11, 2011
Bill Clinton has some advice for Democrats heading into the 2012 elections, and you don't have to read very far into his new book to realize that what he has to say should be of particular interest to the current occupant of the White House. The former president thinks President Barack Obama and his fellow Democrats have the right policies but have done a poor job of getting their message out. Mr. Clinton is worried that if that doesn't change, the Democrats will face another Republican shellacking like the one they endured in 2010.
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