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Austin Goolsbee
Jobless Rate Creeps Toward 10 Percent; White House Says More 'Bumps' Ahead
By Tom Diemer - Politics DailyThe unemployment rate crept toward 10 percent in November and "more bumps in the road" are ahead, a top White House aide warned as the Labor Department reported that employers added only 39,000 new jobs last month. "No question the report is disappointing," Vice President Joe Biden said Friday after the numbers came out. The jobless rate climbed to 9.8 percent, inching up from October's 9.6 percent and leaving 15.1 million Americans without work. "An unemployment rate of 9.8 percent is unacceptably high and we need to achieve robust employment growth in order to recover from the deep ...
NAFTA OK Again
By Dave - Politics DailyObama says, hey, I'm OK with NAFTA after all. "Sometimes during campaigns the rhetoric gets overheated and amplified," he conceded, after I reminded him that he had called NAFTA "devastating" and "a big mistake," despite nonpartisan studies concluding that the trade zone has had a mild, positive effect on the U.S. economy. Does that mean his rhetoric was overheated and amplified? "Politicians are always guilty of that, and I don't exempt myself," he answered. What's interesting about this is that Obama may owe an apology to one Mr. Austin Goolsbee: Three weeks later, Canada's CTV News ...
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