In perhaps his most assertive State of the Union address yet, President Obama laid out a vision for rebuilding the U.S. economy, underpinned by economic fairness, telling the nation the defining issue is, how to keep the promise of the American dream alive. “…The basic American promise is that if you worked hard, you could do well enough to raise a family, own a home, send your kids to college, and put a little away for retirement,” the president told a packed House chamber of lawmakers and invited guests.
President Obama laid the blame squarely on Republicans’ “arbitrary deadline” for the rejection of an application for the construction of the Keystone XL Pipeline which would bring crude oil from Alberta tar sands to the Gulf Coast.
By a margin of two-to-one, Americans are fearful that President Obama would be reelected for a second term, according to a new Washington Whispers poll.
As the United States prepares to ring in the new year, the Census Bureau today projected that on January 1, 2012, the total population will be 312,780,968.
Over the last few days, Ron Paul, GOP presidential contender, has said he didn’t write the incendiary racist newsletters that went out under his signature in the 80s and 90s, and claimed that he disavowed their contents. But, Paul’s consistent denials are not supported by the public record.
In 2010, Germany produced more than 5.5 million automobiles while the U.S. produced 2.7 million. But perhaps more shocking is the average auto worker in Germany made $67.14 per hour in salary in benefits, while the average one in the U.S. made $33.77 per hour.
House Speaker John Boehner on Thursday afternoon announced that a compromise had been reached with Senate Democratic leader to extend the payroll tax cut. “Senator Reid and I have reached an agreement that will ensure taxes do not increase for working families on January 1 while ensuring that a complex new reporting burden is not unintentionally imposed on small business job creators,” Boehner said in a statement of the agreement made with Reid.
President Obama made an impromptu statement on Tuesday afternoon, urging House Republicans to bring the payroll tax cut and unemployment insurance bills to the House floor and pass them, in order to avoid an increase in taxes on middle-class Americans.
The U.S. Supreme Court will hear arguments March 26, 27 and 28 in the Florida-led challenge to the federal health overhaul, according to SCOTUSblog.
The Republican leadership in the House of Representatives recently proposed allowing states to require drug tests for anyone receiving unemployment benefits. There are others that have lots of power and hold their positions by virtue of taxpayer beneficence. Bankers come to mind. When Fortune magazine famously asked on its front cover, “What Were They Smoking?”, they were asking about the doyens of Wall Street, not the unemployed.
Recent Comments