Free Republic

President Obama’s top economic aide described the July jobs report — which shows a small increase in the national unemployment rate — “further evidence” that the economy is recovering. “While there is more work that remains to be done, today’s employment report provides further evidence that the U.S. economy is continuing to recover from the worst downturn since the Great Depression,” Alen Krueger, chair of the White House Council of Economic Advisers, wrote. He made the White House’s oft-repeated caveat that  “it is important not to read too much into any one monthly report,” but offered today’s numbers as a...

Testing a re-election theme, President Barack Obama is telling donors during a fundraising rich tour of three western states that the country is suffering from an economic crisis and from a political crisis. "People are crying out for action," he says. Pointing to elements of his $447 billion jobs plan rejected by Republican lawmakers, Obama said they would likely linger as campaign issues in 2012. "This is the fight that we're going to have right now, and I suspect this is the fight that we're going to have to have over the next year," Obama told about 240 donors at...