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Office Of Management And Budget

The True State of the Union

" Our businesses have created more than eight million new jobs since we hit bottom. America's getting stronger and we've made progress ."-- President Barack Obama, Jan. 7, 2014" Our businesses have created nearly twice as many jobs in this recovery as businesses had at the same point in the last recovery, when there was no Obamacare ."-- President Obama, July 24, 2013If the U.S. truly was in recovery mode, ask yourself:Why is the president expected to discuss in his State of the Union address Tuesday night the need for extending jobless benefits, creating manufacturing centers, and more stimulus spending?All amidst the Federal Reserve's money printing and its long five years of zero-interest rate policies, the wind beneath the wings of the stock market?Reality Check" Real median household income of $51,000 is 8% lower than in 2007. Almost four million people have been out of work for more than six months, three times the pre-recession average. One-third of black men aren't even in the ...

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  2. Obama Makes New Push For Smarter Government

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  6. White House staff hit by furloughs

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  7. Report: Deese in the Running for Deputy Budget Chief

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  9. Burwell Picked To Head White House OMB

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  10. Sources: Wal-Mart Foundation's Burwell to be Nominated White House OMB Chief -Reuters

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  11. Wayne Rogers: No Government Budget Is Insane

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  12. Grilled on the Hill: Senate Panel Questions Lew

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  1. Despite Cries to #LetToddWork, Entrepreneur Testifies on ObamaCare

    On Wednesday, health-care entrepreneur and current U.S. Chief Technology Officer Todd Park testified before the House’s Oversight and Government Reform Committee after being subpoenaed by Rep. Darrell Issa (R-CA).

  2. Jobs Report Won't Be Released During Shutdown

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  4. What a Government Shutdown Would Look Like

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  5. Obama Threatens Veto on GOP Stop-Gap

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  6. Obama Picks Zients as Top Economic Adviser

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  7. Shakeup Coming to Obama's Economic Team?

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