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Over the near term, however, the Administration knows it must contend with unpleasant realities, thanks to that unsettling double-digit jobless rate: "We're in for a pretty dark period," says the Treasury official. But, anticipating that, the Administration's strategy has intentionally avoided overpromising. "Obama's numbers hold up because he doesn't oversell," the official says. "We need to be steady and say, We know this will work but it's going to take time. Ultimately we're pretty confident that we did the right things and that it will help...
...Barack Obama, the first time the state had supported a Democratic presidential candidate since the 1960s. The off-year election is considered a bellwether for voter attitudes towards the President and his policies, and the results are not encouraging for Obama: McDonnell, 55, entered election day with a double-digit lead. McDonnell, who campaigned on a platform of job creation and low taxes, may have even greater things ahead: The Virginian-Pilot newspaper has gone as far as to put him on a short list of vice presidential candidates for 2012. (See pictures of the world's reaction to Obama...
...talk of Republican chaos and infighting in this off-year election, the GOP in Virginia seems to have found the formula for unifying its party and delivering a winning message. If the polls are accurate, McDonnell could walk off with a double-digit victory over Democratic nominee Creigh Deeds in Tuesday's election - this in a state that only a year ago was declared to be trending blue. And across the Potomac, Washington is paying attention. "The independent electorate in our state has indicated in a very strong way that they believe the vision that Bob McDonnell is out there...
...rough baseline from a conversation at the height of last fall's financial panic with Barry Eichengreen, an economist at the University of California, Berkeley, who is an expert on the Great Depression. "I doubt that we'll be able to avoid double-digit unemployment," he told me. "But I'm still confident we can avoid 24% unemployment like...
...able to make crucial blocks up front to allow junior running back Gino Gordon and freshman running back Treavor Scales to each record over 100 yards on the ground. Saturday’s game marked the first time in a decade that two Harvard players rushed for triple-digit yards in the same contest...