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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jan 07, 2012
Page
3
December unemployment falls to 8.5 percent from 8.7, marking the lowest in three years. The report shows gains in average workweek length and pay, plus a drop in unemployed duration, amid optimism for 2012 and pending GOP contests.
Four years after the recession, polls show more Americans expect improvement. President Obama told staff at the Consumer Financial Protection Bureau that the economy is moving in the right direction. He acknowledged tough times for families and small businesses but said progress is real and a rebound is underway.
An Army reservist who backed Ron Paul in uniform faced trouble over partisan acts as Paul tours New Hampshire after Iowa success. He leads with $13 million raised in Q last quarter and more military donors than rivals, while Romney and Santorum lag in military contributions. Retired Sgt Rutherford credits Paul’s foreign policy stance though criticizes intervention.
The Obama administration asks the Supreme Court to uphold the individual mandate as essential to the health care overhaul. Several federal appeals courts have split on the mandate, with Florida and 25 states urging the court to invalidate the entire law if the mandate falls.
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