Word: officialling
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Democrats privately have been hoping that the surprisingly powerful economic turnaround will start producing real job growth by next spring, and the declining pace of job losses backs that hope up. "With the economy growing again, things should feel more solid by spring, and that should start working to our...
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...
And both sides are wary of sounding too negative. The last thing a politician wants in a time of economic hardship is to appear as if there's no hope. "If the GOP are too much doom and gloom, that can work to our advantage," says the senior Treasury official...
“In other cities,” posits Rivera, “you live on one side and the bad guys live on the other, and there’s miles in between, which is how it should be. But in this country, everything’s all...
By 1899 two million people turned out to make Admiral George Dewey, hero of the battle of Manila Bay, the first individual honored with a ticker-tape parade. Former President Teddy Roosevelt got one in 1910 upon returning from his African safari. But it wasn't until 1919, when Grover...