Council of Economic Advisers

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• Important News - Nov. 13

  
  InvestmentWatch — Authority: 450
  Warning: Fed May Cause Next Crisis!! 1) Bair Says Using TARP as Bank Capital Helped Fuel Public Outrage Nov. 13 (Bloomberg) — Federal Deposit Insurance Corp. Chairman Sheila Bair said using the Troubled Asset Relief Program to inject capital into struggling banks was “not a good idea” and helped ...
  1 day ago

• US economy shed 190,000 jobs in October, above forecasts of 175,000

  
  Count Us Out — Authority: 151
  US Chems, Plastics Cut Jobs As Oct Unemployment Surges To 10.2%November 6, 2009ICIS NewsHOUSTON – Jobs in the US chemicals and plastics industries each declined 0.1% month over month in October while the overall US unemployment rate skyrocketed to a 26-year high at 10.2%, the Labor Department said on Friday.US ...
  5 days ago

• White House Charges Edmunds.com Got It Wrong on Cash for Clunkers

  
  Auto Observer — Authority: 625
  The White House and Department of Transportation claim Edmunds.com got it wrong in its Cash for Clunkers analysis released Wednesday. That analysis shows each incremental sale from the governments Car Allowance Rebate System (CARS) program -- sales that wouldnt have occurred without the program -- cost taxpayers ...
  2 weeks ago

• What they’re saying about the rise in GDP

  
  Political Blotter — Authority: 550
  From President’s Council of Economic Advisers Chairwoman Christina Romer:“Data released today by the Commerce Department show that real GDP [Gross Domestic Product] grew at an annual rate of 3.5 percent in the third quarter of the year. This is in stark contrast to the decline of 6.4 percent annual rate just two ...
  2 weeks ago

• Race to declare victory for stimulus

  
  BloggingStocks — Authority: 661
  Filed under: Good news , Employees , Economic data When you spend $787 billion, theres a lot of pressure to show results. So, theres no surprise that success is being proclaimed across the country . States are saying that theyve used the federal stimulus package money to create or save more than 388,000 jobs ...
  2 weeks ago

• A Strange Choice of Words From the White House on the Public Option

  
  The Washington Independent Blog — Authority: 155
  Here’s a curious piece of the health reform speech delivered today by Christina Romer, who heads the White House Council of Economic Advisers, at the Center for American Progress: A public health insurance option would be a credible entrant in concentrated markets, and would serve as a competitive, alternative ...
  2 weeks ago

• Lottery Execs Hit the JackPot & A Cautionary Tale in Arkansas Business This Week

  
  Lance Turner — Authority: 111
  We’re back in business. Here’s the latest from the Monday print edition of Arkansas Business : Remember those phat lottery salaries everybody was so riled up about for about five minutes a few months ago? They’re big enough to put a few lottery workers among the “jocks and docs” on our annual list of ...
  3 weeks ago

• Obama’s stimulus creates or saves 30,383 jobs

  
  RedState — Authority: 813
  The Recovery Accountability and Transparency Board , the government watchdog which oversees how the stimulus monies are spent reports contractors who received money from President Obama’s failed $787 billion stimulus program created or saved 30,383 jobs by the beginning of October. According to the Wall Street ...
  4 weeks ago

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