Obama

Is Obama Focused on the Right Strengths of the U.S. Economy?

Rana Foroohar, TIME Assistant Managing Editor in charge of economics and business, weighs in on the economic messages in the State of the Union address:

Factory jobs for life are gone. We should worry about China eating our lunch. Education is the way to a bigger paycheck. Clean energy is good; Big Oil is bad (so are greedy bankers). We

The G-20: This Time, It’s Different

Last week’s G-20 economic summit in South Korea was widely depicted as a failure for the Obama administration and a rebuff for the United States. In many respects, it was. Obama remarked that if the U.S. hadn’t tried to set the agenda, it would have had an easier time. “Part of the reason that sometimes it seems that the United …

Cheapskate Wisdom from … Barack Obama (on Teaching Kids about Money)

“So many of the problems that we see had to do with the fact that just basic calculations about compound interest and — and what that means, you know, kids aren’t taught that. And so what I’m doing now with Malia and Sasha is, you know, they’re getting an allowance. They’re starting to get old enough where they may be able to earn some …

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