CHARLES KRAUTHAMMER: I thought Romney won and Romney won big, he won by two touchdowns. You know, when a challenger just steps up on the stage that already gives him stature. But when he performs the way Romney did, I think it really changes things. It doesn’t change the game, but it changes the momentum. Read more about Romney routes Obama in debate, his campaign starting to look like Rocky II.[…]
President Obama’s claim Friday that “the private sector is doing fine” sparked a firestorm of attacks from Republicans and prompted a quick retraction, of sorts, from Obama, who later said “it is absolutely clear that the economy is not doing fine.” Read More: http://news.investors.com/article/614516/201206120801/state-and-local-governments-growing.htm
The cost of living in the U.S. rose in February by the most in 10 months, reflecting a jump in gasoline that failed to spread to other goods and services. The consumer-price index climbed 0.4 percent, matching the median forecast of economists surveyed by Bloomberg News, after increasing 0.2 percent the prior month, the Labor Read more about Consumer Prices in U.S. Rose in February as Gasoline Jumped[…]
The current-account deficit in the U.S. widened more than forecast in the fourth quarter to $124.1 billion, the biggest in three years. The gap, the broadest measure of international trade because it includes income payments and government transfers, grew 15 percent from a revised $107.6 billion shortfall in the prior quarter that was smaller than initially estimated, Read more about Current-Account Deficit in U.S. Widens to $124.1 Billion[…]
Friday, the Commerce Department is expected to report the deficit on international trade in goods and services was $48.4 billion in January, only slightly changed from December. This trade deficit is the most significant barrier to more robust economic growth and jobs creation. The pace of economic recovery has disappointed, because the U.S. economy suffers Read more about Want More Jobs, America? Here’s how to make it happen[…]