Rick Newman

June 2012


How Obama Can Win Back Small Business

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President Obama and the small business community are barely on speaking terms.

Obama's landmark healthcare law, now upheld by the Supreme Court, is supposed to help small businesses pay for health insurance for their employees. And it was deliberately designed to exempt firms with fewer than 50 ...

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TAGS:
economy
Obama, Barack

Why Billionaires Donate So Much Money To Politicians

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If you're paying attention to the presidential fund-raising race, you might be thinking: Hey! I could sure use $100 million!

That's the sum casino mogul Sheldon Adelson is willing to spend to boot Barack Obama out of the White House. Whether he gets his wish or not, Adelson will likely become ...

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TAGS:
economy

Why Jamie Dimon Will Bounce Back

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I chatted recently with Melissa Francis of Fox Business about J.P. Morgan CEO Jamie Dimon's testimony before the Senate Banking Committee. Some people have called for Dimon to resign over the startling trading loss that could cost the bank $2 billion or more.

But Dimon, in my view, could learn ...

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TAGS:
economy

What Makes America Special (Or Used To)

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MSNBC invited me to be a panelist recently on the Melissa Harris-Perry show, where we discussed American exceptionalism—the idea that the United States is a unique nation with a special role to play in the world. Republican presidential candidate Mitt Romney has campaigned on this theme, while ...

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Where Taxes Are Already Going Up

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If you're paying attention to the drama over the "fiscal cliff," you know that federal income tax rates will skyrocket at the end of this year, if Congress fails to act. That's sure to be a huge battle. But taxes are already going up in a lot of states and cities, in a preview of what's coming ...

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TAGS:
taxes

Why Obama Is Right About Business 'Doing Fine'

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Had President Obama changed one word in his recent evaluation of the private-sector economy, he wouldn't have found himself trying to explain away a clumsy gaffe that could cost him votes among millions of struggling Americans.

In a recent press conference, Obama spoke these now-notorious words:

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TAGS:
economy

Barnes & Noble's Convoluted Defense of Pricey Books

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You practically need a study guide to understand why book retailer Barnes & Noble thinks more expensive books are in readers' interest.

As everyone knows, Amazon has become a goliath in the book business, at one point grabbing a 90 percent market share for books sold online and effectively driving ...

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TAGS:
books

Why Romney's Record as Governor Barely Matters

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We've now reached the I'm-the-rubber-you're-the-glue-bounces-off-me-and-sticks-to-you phase of the presidential campaign.

For the last few years, Republicans have been blasting President Obama as a job-killing president. But Obama has now found somebody he can call a job killer: his Republican ...

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TAGS:
Romney, Mitt

The Weak Economy Actually Helps Obama

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There are three numbers that will likely determine whether President Barack Obama gets re-elected in November: the unemployment rate, the Dow Jones Industrial Average, and the price of gasoline.

Unemployment is working against Obama right now, with the weak economy creating too few jobs. The stock ...

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TAGS:
economy
Obama, Barack

Why It's Time To Let Up On Facebook

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I couldn't wait for Facebook's initial public offering, because once it was over, it meant I could stop writing about the most hyped story of the year and move on to more important stuff. Except that the Facebook IPO is still the most hyped story of the year, with fresh headlines seemingly every ...

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TAGS:
Facebook
Zuckerberg, Mark

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