AOL News has a new home! The Huffington Post.
Click here to visit the new home of Politics Daily!Hot on HuffPost:
See More Stories
Executive Behind Lavish Conference Leaves Agency
Warren And Brown Neck And Neck In New Poll
Christina Romer
Opinion: One Cheer for the Unemployment Number
By John Merline - AOL NewsThe sharp drop in the unemployment rate to 9 percent should be treated as good news. Any drop, after all, is welcome. But just how good this news is depends entirely on how low your expectations are for this economic recovery. After all, the unemployment rate has been at or above 9 percent for 21 months now -- a grim record that hasn't been seen since the Great Depression. And keep in mind, too, that Christina Romer, then head of the White House's Council of Economic Adviser, predicted in January 2009 unemployment wouldn't get above 8 percent with the economic stimulus plan -- it was ...
Opinion: White House Exits Normal? Not By a Long Shot
By Richard Benedetto - AOL News(Oct. 13) -- It has become a mantra in the news media these days to include in every story about the departure of another high-level Obama White House official the cautionary declaration that "it is normal for appointees to leave after a president's first two years." The unspoken message here is that this is not a case of rats deserting a sinking ship, it's just routine housecleaning. But just how "normal" is it for a slew of high-ranking White House appointees to leave in the first two years? You don't have to look back too far to discover that, in fact, it's not so "normal" after ...
Meet Austan Goolsbee, Obama's Hilarious New Economic Chair
By Dana Chivvis - AOL News(Sept. 10) -- Austan Goolsbee, President Barack Obama's pick to replace Council of Economic Advisers Chairwoman Christina Romer, was once described by Washington Post columnist George F. Will as "a masochist with a sense of humor." The description is apt for one of Washington, D.C.'s most colorful personalities, the man who famously said during the 2008 presidential campaign that "there is more information on the back of a box of Fruit Loops" than in John McCain's economic plan. At 41 years old, Goolsbee will be the youngest economist to chair the council since 1969, and he is taking the ...
Who Has What It Takes to Replace Rahm Emanuel?
By Andrea Stone - AOL NewsWASHINGTON (Sept. 8) -- Let the guessing game begin. The news that Chicago "Mayor for Life" Richard Daley would not run for a seventh term was a shocker. Instant speculation that White House Chief of Staff Rahm Emanuel, a former congressman from Chicago, may step down to run for the job was not. White House spokesman Robert Gibbs hinted that a mayoral run could be in Emanuel's future. "Something like that doesn't come around a lot," Gibbs told reporters, suggesting there could be turnover at 1600 Pennsylvania Ave. after the midterm election. Pete Souza, The White House Chief of Staff Rahm ...
'Macroeconomic Policymaking Is Incredibly Hard': 4 Key Takeaways From Christina Romer's Parting Thoughts
By Alex Eichler - AOL News(Sept. 2) -- Christina Romer, outgoing chairwoman of President Barack Obama's Council of Economic Advisers, gave a farewell address Wednesday at Washington's National Press Club. Romer will step down from her position Friday after 20 months and plans to return to her tenured position as an economics professor at the University of California, Berkeley. She will also join the President's Economic Recovery Advisory Board. Though a White House press release said that Romer was leaving her post in order to return to California and be closer to her family, sources close to the president's economics ...
Christina Romer, Key Economic Aide, Resigning
By not in system - AOL NewsWASHINGTON (Aug. 5) -- Christina Romer, one of President Barack Obama's most pivotal economic advisers, is resigning, a change that comes as the White House struggles to show signs of clear economic gains to a hurting nation. Romer, the head of the Council of Economic Advisers, announced her resignation Thursday, effective Sept. 3. She becomes the second high-level Obama aid to leave this summer, following the resignation of White House Budget Director Peter Orszag. She will return to her job as a professor of economics at the University of California, Berkeley. The White House cast the ...
Christina Romer Quits Council of Economic Advisers; Sources Cite 'Frustration'
By Alex Wagner - Politics DailyTwenty months into her role as the chair of the Council of Economic Advisers, Dr. Christina Romer is leaving the White House to return to her position as a professor of economics at the University of California, Berkeley. While the official White House press release states that Romer is stepping down to return to her family (her son will be starting high school in the fall), sources inside the White House said privately that Romer had been "frustrated" in the job, and that tensions over the slow pace of the nation's economic recovery had created tension among staff members. President Obama, ...
Sluggish Economy May Be Bad News for Democrats
By Andrea Stone - AOL NewsWASHINGTON (July 30) -- New government data showing the economic recovery moving at a snail's pace may have been the last thing congressional Democrats wanted to take with them as they rush home to campaign during the summer recess. The U.S. Commerce Department reported today that second-quarter economic growth slowed to 2.4 percent. The report indicated that consumers are keeping a tight grip on their money even as business investment showed encouraging signs of life. White House economic adviser Christina Romer said in a statement that the "solid rate of growth indicates that the process ...
Bill Clinton and Warren Buffett: Business Boosters for Obama
By Alex Wagner - Politics DailyIn a sign of the increasingly hostile relationship between the private sector and the Obama administration, the U.S. Chamber of Commerce on Wednesday sent an open letter to the president (as well as to Congress and the American people), blasting those in leadership for "taking their eyes off the ball," "neglecting America's number one priority," and "vilifying industries while embarking on an ill-advised course of government expansion, major tax increases, massive deficits and job-destroying regulations." In sum, the chamber concluded, "Policymakers are needlessly prolonging economic agony" ...
GDP at 3.2 Percent: Economy Grows for Third Straight Quarter
By Tom Diemer - Politics DailyThe economy grew at 3.2 percent during the first three months of the year -- the third straight quarter of growth, yet still a little less than expected as the recovery continued slow but steady. Consumer spending, exports and a fewer cuts in business inventories were among the primary drivers of the growth, with the recovery taking hold after the worst economic slump since the Great Depression of the 1930s. The Commerce Department measures growth in terms of Gross Domestic Product, the output in goods and services. The early 2010 expansion fell off from the 5.6 jump in the GDP during the ...
Follow Politics Daily
POPULAR
- Nancy Pelosi Confirms House May Skip Up or Down Vote on Senate Health Bill
- Debrahlee Lorenzana: A Double Take on Those Double D's
- Campbell Brown Quits CNN With Shockingly Frank Farewell
- Palin Earnings Estimated at $12 Million
- The Five Most Racist Obama Cartoons?
- Jimmy Carter Leaves Church Over Treatment of Women
- Soraya M., Stoned to Death for Being an "Inconvenient Wife''
- No posts are available.
News From Our Partners
- Dragon arrives at space station in historic 1st
- Picking new leader, Egyptians search for superman
- Egyptians vote in first free presidential vote
- Moon chips from Vegas casino mogul sent to NASA
- Egyptians vote to rid nation of autocratic rule
- More Stories »
- 'Masters of the Universe' Sure Have Fragile Egos
- Romney: My Mistakes 'Haunt Me'
- Newt Lauds Romney: He's Like Eisenhower
- Irked Senate Panel Votes 30-0 to Cut Pakistan Aid
- GSA Bash Organizer Steps Down
- More Stories »
- Know Your Enemy
- Obama’s Challenge in Egypt
- The Edwards Waiting Game
- Are Doctors Doing Too Much?
- The Pagan Cult of Reagan
- More Stories »
- Ambition Counteracting Ambition
- Robert Blagojevich Speaks Out
- In Iowa, Obama Calls Romney's Words 'A Cow Pie of Distortion'
- In Iowa, Obama Calls On Congress to Act on Clean Energy Tax Credits
- Romney Has Interesting Morning in Inner-City Philly
- More Stories »
Top News
More News
More on Aol
Local News
More Blog/Sites
Sites and Services
HuffPost Politics