Barack Obama, U.s. Economy | featured news

Nationally, the economic picture is decidedly dismal — a sullen state of affairs that has led many political observers to conclude that President Obama is an underdog in his bid for a second term.
But in the 12 (or so) swing states — where Democrats and Republicans will spend the lion’s share of their time and money in the 100 or so days between now and Nov. 6 — the economic picture is considerably sunnier.

President Barack Obama blasted Mitt Romney's economic plan during a stop in the pivotal swing state of Ohio on Monday, saying the blueprint will create 800,000 jobs — just not in America. "Today, we found out, there's a new study out by a non-partisan economist that says Governor Romney's economic plan would in fact create 800,000 jobs," Obama said at a town hall-style event in Cincinnati. "There's only one problem. The jobs wouldn't be in America."

President Barack Obama on Wednesday ordered a series of modest steps aimed at helping small businesses, his latest election-year effort to counter Republican attacks on his economic record and show voters he is trying to tackle high unemployment.

In a sense, what’s really interesting about the Romney and Obama plans is that they don’t conflict with one another. Obama has a set of ideas for boosting job creation now. Romney has a set of ideas for long-term economic growth. You could implement all of Obama’s 41 bullet points and all of Romney’s 59 bullet points simultaneously. There’s nothing about increasing infrastructure investment that keeps you from cutting corporate taxes, for instance.

President Obama is getting 'mediocre' marks for his handling of the economy from a group of economists polled by the Associated Press.

Barack Obama's approval ratings are down, Republican challengers are beating him in polls and the U.S. economy is in a slump, yet the Democratic president's re-election campaign headquarters is buzzing.

People like Christine Alonzo are keeping President Barack Obama afloat and giving his political team hope that he can win re-election despite high unemployment and sour attitudes about his policies and the country's future.