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The prospects for U.S. economic growth are "still too little" and "too uncertain," House Majority Leader Eric Cantor told CNBC. American can't just sit back on its laurels, he added.
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Tonight the GOP hopefuls talk about economic issues. What do you think they should concentrate on?
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So, what does this rising anti-trade sentiment mean for Republican politicians--and Democratic ones, for that matter? It's tricky because, rhetoric aside, most economists and elected officials in both parties in fact DO believe free trade offers the best path to economic growth in a global economy.
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So why has this decline in GOP free trade sentiment occurred? Think back to 1992, with Pat Buchanan and Ross Perot both ran for president as populists from the right. Since then, "there’s been a steady erosion in Republican support for free trade," says former Rep. Vin Weber, now an adviser to Republican presidential candidate Mitt Romney.
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I've seen a lot of opinion polling, but my jaw dropped when I saw this result from our special NBC News-Wall Street Journal poll of Republicans in advance of next week's presidential candidate debate sponsored by CNBC, MSNBC and the WSJ.
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The Arizona senator was counted out earlier this year after public discontent with Iraq and immigration reform knocked him off his front-runner's perch. When I'd see him in Washington, McCain himself would acknowledge the damage. But don't count him out yet.
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The numbers are in and it was a rich third quarter for candidates--Hillary Clinton's campaign raised $27 million in the third quarter, beating Barack Obama, whose campaign raised about $20 million over the same time period.
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Nearly a year after their 2006 wipeout, these are still tough times for the GOP. President Bush and his aides have argued the party must expand beyond white voters. But last night African-American TV personality Tavis Smiley moderated a debate--and the leading republican candidates didn't show up.
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When Erin Burnett's show "Street Signs" called me to talk trade this afternoon, the question was "Is Trade Dead?" I thought, for this Congress, it was--until I did a little reporting. As it happens, Republican and Democratic leadership sources both expect SOME progress on trade before the 2008 elections.
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Alan Greenspan may call himself a libertarian Republican, but his new book provides a major credibility boost for Democrats on economic policy. The first, and less surprising, blow came in his criticism of the Bush-era spending excesses. Many conservative Republicans have long offered that critique.
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One question about market turbulence that I'll be watching is its effect on the 2008 presidential race. It's not clear the disruptions will prove long lasting, much less lead to an economic recession. If it proves a short-term blip, the effects will be negligible.
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Former Speaker of the U.S. House of Representatives Dennis Hastert is expected to announce on Friday his retirement from Congress, a House Republican aide said on Tuesday.
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Karl Rove, close political adviser to U.S. President George W. Bush and a lightning rod for anger among Democrats, has said he will leave the White House at the end of this month.