Small Business Under Obama: Still Struggling

Government, Politics and the Economy Small Business Still Struggling Under Obama's Programs President Obama may have kept some of his promises to small business owners, but the credit crunch continues and it still has far too many small companies trapped in a death spiral. CNNMoney.com Romer: Stimulus Working In a recent speech, Council of Economic Advisers Chair Christina Romer defended the Obama stimulus package and left the door open to a possible second stimulus. FoxBusiness.com Management and Operations [Read Full Article]


White House: Expect Zero Job Growth, Stricter Anti-Trust Enforcement

  Government and Economy White House Predicts Zero Job Growth This Year Christina Romer, Chair of the White House Council of Economic Advisers, expects the GDP to begin growing in the fourth quarter of this year, but she also expects unemployment to rise after the economy turns, saying the GDP must grow at 2.5% before unemployment improves. NYTimes.com Intense Bargaining Earns Banks Stress Test Concessions After two weeks of intense negotiations, the Fed scaled back the size of the capital hole facing some of the nation's biggest banks shortly before concluding its stress tests, using a measurement of bank-capital levels that resulted in much smaller capital... [Read Full Article]