January 21, 2012

GOP: Economy is Obama’s fault

Ben Corser Job Guru

WASHINGTON (AP) — Republicans took the offensive Tuesday and cast President Barack Obama as the culprit for the economy’s persistent frailty, hoping to shift the focus away from his State of the Union address’ theme of economic fairness.

As they awaited the president’s election season speech to the nation Tuesday night, Republicans in the Capitol and on the campaign trail accused Obama of three years of higher spending, bigger government and tax increases that have left the economy stuck in a ditch.

“If the president wants someone to blame for this economy, he should start with himself,” said Senate Minority Leader Mitch McConnell, R-Ky. “

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Economy, Economy Obamas
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August 25, 2011

Bernanke: No new steps to boost economy

Ben Corser Job Guru

JACKSON HOLE, Wyo. (AP) — Federal Reserve Chairman Ben Bernanke has a message for Congress: Do more to stimulate hiring and growth — or risk delaying the economy’s return to full health.

Bernanke held out the prospect Friday that the Fed may take further steps later to help the economy. But he offered no new plans for now.

At a time when Congress has focused on shrinking budget deficits, Bernanke agreed that doing so is important for the long term. But he warned lawmakers not to “disregard the fragility of the current economic recovery.”

Investors had hoped Bernanke would use his much-anticipated speech at an economic conference in Jackson Hole to unveil some aggressive measure to jolt the economy.

He didn’t. But

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Boost Economy, Economy
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