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Rex Nutting is an American journalist, economist, columnist and the Washington bureau chief for the financial information news site MarketWatch.
In 1984, Nutting graduated from the University of Utah with a bachelor of arts in history. He graduated in 1994 with a master's degree in economics from The American University.
He has worked for UPI Financial, The Salt Lake Tribune , and The Quincy Patriot-Ledger . Since 1997, he has been a columnist for MarketWatch on The Wall Street Journal 's Digital Network.
Nutting wrote a May 2012 column, "Obama spending binge never happened," which argued that Obama's administration had been relatively fiscally restrained in its spending policies. In it, Nutting stated, "Of all the falsehoods told about President Barack Obama, the biggest whopper is the one about his reckless spending spree." [1] On May 23, 2012, White House press secretary Jay Carney referenced Nutting's column to argue that President Obama has restrained spending. [2]
On May 24, 2012, President Obama referenced Nutting's column and stated that "Federal spending since I took office has risen at the slowest pace of any president in almost 60 years." [3] [4] The controversy was about how to count the stimulus funding that began under President Bush and continued early in President Obama's first term, and how to deal with the repayment of TARP funds that were repaid later in Obama's administration.
The Washington Times is a conservative American daily newspaper published in Washington, D.C., that covers general interest topics with a particular emphasis on national politics. Its broadsheet daily edition is distributed throughout the District of Columbia and in parts of Maryland and Virginia. A weekly tabloid edition aimed at a national audience is also published.
Lawrence Henry Summers is an American economist, former Vice President of Development Economics and Chief Economist of the World Bank (1991–93), senior U.S. Treasury Department official throughout President Clinton's administration, and former director of the National Economic Council for President Obama (2009–2010). He is a former president of Harvard University (2001–2006), where he is currently a professor and director of the Mossavar-Rahmani Center for Business and Government at Harvard's Kennedy School of Government.
Paul Robin Krugman is an American economist who is the Distinguished Professor of Economics at the Graduate Center of the City University of New York, and a columnist for The New York Times. In 2008, Krugman was awarded the Nobel Memorial Prize in Economic Sciences for his contributions to New Trade Theory and New Economic Geography. The Prize Committee cited Krugman's work explaining the patterns of international trade and the geographic distribution of economic activity, by examining the effects of economies of scale and of consumer preferences for diverse goods and services.
Charles Krauthammer was an American political columnist. A conservative political pundit, Krauthammer won the Pulitzer Prize for his column in The Washington Post in 1987. His weekly column was syndicated to more than 400 publications worldwide.
Fareed Rafiq Zakaria is an Indian-American journalist, political commentator, and author. He is the host of CNN's Fareed Zakaria GPS and writes a weekly paid column for The Washington Post. He has been a columnist for Newsweek, editor of Newsweek International, and an editor at large of Time.
Jacob Joseph "Jack" Lew is an American attorney and politician who served as the 76th United States Secretary of the Treasury from 2013 to 2017. A member of the Democratic Party, he also served as the 25th White House Chief of Staff from 2012 to 2013 and Director of the Office of Management and Budget in both the Clinton Administration and Obama Administration.
Robert L. Kuttner is an American journalist and writer whose works present a liberal/progressive point of view. Kuttner is the co-founder and current co-editor of The American Prospect, which was created in 1990 as an "authoritative magazine of liberal ideas," according to its mission statement. He was a 20-year columnist for Business Week and The Boston Globe.
Barack Obama has declared his position on many political issues through his public comments and legislative records. The Obama Administration stated that its general agenda was to "revive the economy, provide affordable and accessible health care to all, strengthen our public education and social security systems, define a clear path to energy independence and tackle climate change, end the War in Iraq responsibly and finish our mission in Afghanistan, and work with our allies to prevent Iran from developing a nuclear weapon."
Amity Ruth Shlaes is a conservative American author and newspaper and magazine columnist. Shlaes writes about politics and economics from a classical liberal perspective. Shlaes has authored five books, including three New York Times Bestsellers. She currently chairs the board of trustees of the Calvin Coolidge Presidential Foundation and serves as a Presidential Scholar at The King's College in New York City. She is a recipient of the Bastiat Prize.
Mona K. Sutphen served as the White House Deputy Chief of Staff for Policy in the Obama administration from 2009 to 2011. She is currently a Senior Advisor at The Vistria Group, a Chicago-based private equity firm founded by Marty Nesbitt. From 2013 to 2019, she was a partner at Macro Advisory Partners LLP and from 2011-2013 was Managing Director at UBS AG, covering geopolitical risk, macro-policy trends and their impact on the global economy. She has also previously held positions as an American diplomat and served on the National Security Council during the Clinton Administration. She is the co-author of The Next American Century: How the U.S. Can Thrive as Other Powers Rise.
Jared Bernstein is a Senior Fellow at the Center on Budget and Policy Priorities. From 2009 to 2011, Bernstein was the Chief Economist and Economic Adviser to Vice President Joseph Biden in the Obama Administration. He was considered to be a progressive and "a strong advocate for workers."
Following the global financial crisis of 2007–08, there was a worldwide resurgence of interest in Keynesian economics among prominent economists and policy makers. This included discussions and implementation of economic policies in accordance with the recommendations made by John Maynard Keynes in response to the Great Depression of the 1930s—most especially fiscal stimulus and expansionary monetary policy.
Timothy Franz Geithner is a former American central banker who served as the 75th United States Secretary of the Treasury under President Barack Obama, from 2009 to 2013. He was the President of the Federal Reserve Bank of New York from 2003 to 2009, following service in the Clinton administration. Since March 2014, he has served as president and managing director of Warburg Pincus, a private equity firm headquartered in New York City.
The healthcare reform debate in the United States has been a political issue focusing upon increasing medical coverage, decreasing costs, insurance reform, and the philosophy of its provision, funding, and government involvement.
The Obama Doctrine is a catch-all term frequently used to describe one or several principles of the foreign policy of U.S. President Barack Obama. It is still not agreed whether there was an actual Obama Doctrine. Nevertheless, in 2015, during an interview with the New York Times, Obama briefly commented about the doctrine saying: "You asked about an Obama doctrine, the doctrine is we will engage, but we preserve all our capabilities".
David Freddoso is an American political conservative commentator, journalist, and author, best known for writing three books critical of the Barack Obama administration as well as for his columns for the National Review Online and the Washington Examiner. The first book, The Case Against Barack Obama, reached the New York Times bestseller list as well as the Amazon.com official Top 20 list. Having worked in politics since 2002, his latest book is Spin Masters: How the Media Ignored the Real News and Helped Re-elect Barack Obama, which he published January 28, 2013. His writings have involved criticism of what he sees as left-liberal media bias in the American journalistic mainstream.
The Great Recession in the United States was a severe financial crisis combined with a deep recession. While the recession officially lasted from December 2007 to June 2009, it took many years for the economy to recover to pre-crisis levels of employment and output. This slow recovery was due in part to households and financial institutions paying off debts accumulated in the years preceding the crisis along with restrained government spending following initial stimulus efforts. It followed the bursting of the housing bubble, the housing market correction and subprime mortgage crisis.
The United States debt-ceiling crisis of 2011 was a stage in the ongoing political debate in the United States Congress about the appropriate level of government spending and its effect on the national debt and deficit. The debate centered around the raising of the debt ceiling, which is normally raised without debate. The crisis led to the passage of the Budget Control Act of 2011.
The New New Deal: The Hidden Story of Change in the Obama Era is a 2012 book about the Obama administration and its response to the world financial crisis written by journalist Michael Grunwald. He describes the discussions and debates that led to the government's anti-recession measures such as the American Recovery and Reinvestment Act of 2009 (ARRA). Taking a positive review of the President's efforts, Grunwald defends the economic measures as full of important, long-term investments while charging Republican Party opponents as being hypocritical and self-serving. The book was published by Simon & Schuster on August 14, 2012.
Barack Obama served as the 44th President of the United States from 2009 to 2017. Before his presidency, he served in the Illinois Senate (1997–2004) and the United States Senate (2005–2008).