Media continues to cover for Obama, even on the economy
No surprise here, eh? That must explain why he’s still getting good marks on the economy, even if his approval numbers on spending and the deficit are below 50% now.
Raising the minimum wage leads to job losses in American Samoa
Diana Furchtgott-Roth, former chief economist in the Bush Labor Department, provides an update on how the raising of the minimum wage has been a job killer in American Samoa:
Obama contradicted by business CEO/Chair at his own event re: the stimulus bill
As usual, Jake Tapper is doing the work most MSM journalists will not (video is also at that link, or click here):
Obama’s first big day as president-elect
Today Obama held a presser (transcript here) on the economic crisis and discussed some of the plans he’ll try to implement to bring the economy out of the funk it’s in right now. Frankly, he looked like a deer in headlights. In the process, he made a ‘joke’ of sorts about seances and Nancy Reagan (and he said it after a remark he made about consulting with presidents who were “still living“) that didn’t go over well, for which he has apologized to her personally. I’ll cut him a break on it because he looked like a bundle of nerves. I would too if I had that thin of a resume and I’d just been elected president. Time for responsibility. No more “present” votes. No more skipping out on important votes due to “campaign responsibilities.”
From the “some mysteries really aren’t mysteries” file
Subheadline at Slate today: