Posts Tagged Economic policy

Does France have right plan to revive its economy?

FOR STORY SLUGGED FRANCE SHRINKING ECONOMY -  In this Sept. 27, 2012 file photo, French Minister for Industrial Recovery Arnaud Montebourg delivers a speech after meeting workers and trade union representatives of ArcelorMittal, in Florange, northeast France.  The 50-year old lawyer Montebourg, is the man charged with reviving France's shrinking economy and attracting businesses to invest in the country, but according to some analysts he is fast gaining a reputation for doing the opposite, as public spats with international companies, and efforts to block employee layoffs are being seen as the epitome of what is wrong with the French economy. (AP Photo/Mathieu Cugnot, File)

PARIS (AP) — The man charged with reviving France’s shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite.

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Obama urged to make economy a bigger, bolder topic

In this Aug. 11, 2009, file photo Senior White House Adviser David Axelrod, left, White House Press Secretary Robert Gibbs, right, leave with President Barack Obama, not shown, from the White House in Washington. Obama allies and former top aides are worried he has lost his voice on his central theme of economic opportunity, silenced by a trio of recent troubles. Axelrod and Gibbs are pressing Obama's current aides to let the president stake out a big vision once again, not only to put a focus on his second term but to move away from the controversies engulfing the White House.  (AP Photo/Ron Edmonds, File)

WASHINGTON (AP) — Five months into President Barack Obama’s second term, allies and former top aides worry that his overarching goal of economic opportunity has been diminished, partly drowned out by controversies seized upon by Republicans in an effort to weaken him.

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CBO: Obama budget cuts deficits $1.1T by 2023

WASHINGTON (AP) — President Barack Obama’s budget would trim projected federal deficits by $1.1 trillion over the coming decade, using nearly $6 in higher revenues for every $1 in reduced spending to achieve it, Congress’ nonpartisan budget analyst said Friday.

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