Submit a Story!

Obama: U.S. economy will not turn around quickly

 
WASHINGTON (Reuters) - President Barack Obama said on Tuesday he saw little hope of near-term improvement in the U.S. economy after a staggering drop in gross domestic product in the final three months of last year. (link)

Tags:

Related Content
What Happened to That 'Flinty Chicago Toughness'? Obama Cancels Meeting With British PM Because of Snow
jammiewearingfool.blogspot.com 3/3/2009 — Apparently the six weeks of partying in the White House and destroying the economy have taken a toll on Barack Obama. Back in January he scoffed at the panty-waists in Washington who shut down because of a little snow.Obama said he would have to ...
Geithner: Obama to fight international tax dodgers
breitbart.com 3/3/2009 — WASHINGTON (AP) - President Barack Obama's Treasury secretary says the administration will unveil a series of rules and measures in the coming months to limit the ability of international companies to avoid U.S. taxes. Treasury Secretary Timothy ...
The Associated Press: Geithner: Obama inherited worst fiscal mess ever
google.com 3/3/2009 — 9 hours ago WASHINGTON (AP) President Barack Obama's Treasury secretary says the administration has inherited "the worst fiscal situation in American history." Treasury Secretary Timothy Geithner told the House Ways and Means Committee Tuesday that ...
Recently at Reason.tv: What We Saw at the Washington, D.C. Tea Party
reason.com 3/3/2009 — On Friday, February 27, John O'Hara of the Heartland Institute and JP Freire of The American Spectator organized a Washington, D.C. tea party to protest the runaway spending and tax hikes recently unveiled as part of Barack Obama's stimulus package ...
When will Obama 'get it' on earmarks?
dcexaminer.com 3/3/2009 — Examiner Editorial - 3/3/09 As the nation faces its most severe recession since 1982, President Barack Obama apparently wants the American people to forget that he promised he would give them earmark reform if they elected him president, even if he ...
Financial crisis to dominate Obama, Brown talksReuters: Politics 3/3/2009
WASHINGTON (Reuters) - British Prime Minister Gordon Brown will press President Barack Obama for details on his plans to fix the ailing U.S. financial sector in talks on Tuesday that will focus on the global economic crisis.
HAPPENING NOW: Obama and Biden at DOTCNN Political Ticker 3/3/2009
The President and Vice President are speaking at the Department of Transportation. WASHINGTON (CNN) — President Obama and Vice President Biden are visiting the Department of Transportation to discuss infrastructure and the stimulus ...
Obama says report on letter to Russia inaccurateReuters: Politics 3/3/2009
WASHINGTON (Reuters) - U.S. President Barack Obama on Tuesday dismissed as inaccurate a report he had linked U.S. plans for a missile defense shield to Russian help on Iran in a letter to Russian President Dmitry Medvedev.
Obama to work with Congress on rescue: GeithnerReuters: Politics 3/3/2009
WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner said on Tuesday President Barack Obama will work with Congress to determine the appropriate size and shape of future financial stability efforts as conditions develop.
Will Sebelius be a bipartisan force for Obama?CNN Political Ticker 3/3/2009
Kansas Gov. Kathleen Sebelius is said to have a great personal relationship with President Obama. WASHINGTON (CNN) — Kansas Gov. Kathleen Sebelius' experience working with both Democrats and Republicans in her home state could be an asset to ...