THE NEW NUMBERS CHANGED AND ECONOMY NOT DOING SO WELL. WHAT DOES - TopicsExpress



          

THE NEW NUMBERS CHANGED AND ECONOMY NOT DOING SO WELL. WHAT DOES CONGRESS SAY. ZIP. ZERO. ========================== The White House, the President, the Congress and the Leadership of our Elected Leaders, no one wants to do much at the moment. No one wants to talk about it or offer any thoughts. With Elections on Four Months Away, you would think both Parties would want to show Voters what they want to do to improve the situation. TALK TO YOUR ELECTED LEADER WHAT IS THEIR PLAN ? ---------------------------------------------- When the latest sign of a troubled economy emerged last week, Congress had a ready response: Nothing. The same week that new data came out showing the U.S. economy shrank nearly 3 percent in the first quarter, Speaker John Boehner (R-Ohio) announced plans to sue President Barack Obama for abusing his executive authority. Senate Majority Leader Harry Reid (D-Nev.), meanwhile, garnered headlines for denouncing the name of Washington’s football team. Both chambers then went into an 11-day recess. The reaction at the White House wasn’t much stronger. Officials there bashed Republicans, and then argued the overall economy is doing just fine now. The collective shrug highlights Washington’s inability — or unwillingness — to make bipartisan deals that would assist Americans still struggling to recover from the 2008 economic collapse. For instance, congressional leaders have been unable to reach an agreement to revive expired jobless benefits for millions of people who have spent an extended amount of time out of work. (Also on POLITICO: Lawmakers turn to stealth tax measures) Of course, that inertia isn’t tanking the economy, and the outlook could be improving despite discord in Congress. The economy added 288,000 jobs in June, a stronger than expected showing that helped reduce the unemployment rate to 6.1 percent, it was reported Thursday. Still, lawmakers from both parties are disgusted by the congressional inaction, which has been largely in place since Congress voted in February to raise the U.S. debt ceiling and shows no sign of relenting soon.
Posted on: Sun, 06 Jul 2014 07:51:33 +0000

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