President Barack Obama on Friday prodded large U.S. banks to boost lending to Main Street and cautiously welcomed news of an unexpected drop in the unemployment rate.
Archives for December 4, 2009
Obama: Jobs plan will ‘jump-start’ hiring (AP via Yahoo! News)
Even as he trumpeted a slowdown in the nation’s job losses Friday, President Barack Obama put finishing touches on a proposal he’ll unveil next week to “jump-start” business hiring across America.
Obama approval rating below 50 percent (CNN)
Support for President Obama has dropped below 50 percent for the first time in a CNN poll despite high marks for his recently announced Afghanistan policy.
Tenn. mayor claims Obama blocked ‘Peanuts’ special (AP via Yahoo! News)
The mayor of a suburban Memphis city accused President Barack Obama of deliberately timing his speech about the war in Afghanistan this week to block the airing of the “Peanuts” Christmas television special.
Obama: Jobs news ‘modestly encouraging’ (CNN)
President Obama on Friday praised the latest jobs figures that show a drop in the U.S. unemployment rate from 10.2 percent to 10 percent in November.
Comment: Obama faces Afghan battle on home front (CNN)
Barack Obama was viewed as the anti-war candidate for the White House and then won the Nobel Peace Prize as president. Now he’ll triple the size of the American force in Afghanistan that he inherited less than a year ago.
Obama looks for financial reforms soon (AP via Yahoo! News)
President Barack Obama says he’s hoping to see financial regulatory reforms in place by early next year. But he says banks are trying to stand in the way, much in the same way he says insurance companies are trying to thwart health care reform.
Obama says health care reform means jobs (AP via Yahoo! News)
He’s been spending a lot of time on health care, but President Barack Obama says that doesn’t mean he’s been neglecting the nation’s unemployment troubles.
Obama optimistic banks will ease lending next year (AP via Yahoo! News)
President Barack Obama says he’s optimistic that banks will ease lending next year and that should help businesses that want to expand and hire new workers.
Obama hails jobs news, warns tough times still ahead (AFP via Yahoo! News)
US President Barack Obama hailed good news Friday after surprising figures showed only 11,000 jobs were lost last month, but he warned of “more bumps in the road” ahead to recovery.