Archive for August 27th, 2015

27
Aug
15

President Obama Shows Love To New Orleans

U.S. President Barack Obama is welcomed by local residents of an area reconstructed after Hurricane Katrina during a presidential visit to New Orleans, Louisiana, August 27, 2015. Obama on Thursday will highlight the "structural inequality" that hurt poor black people in New Orleans before the devastation of Hurricane Katrina, during a visit to celebrate the city's progress 10 years after the storm. REUTERS/Carlos Barria

“Where the jazz makes you cry, the funerals make you dance, and the bayou makes you believe all kinds of things.”

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President Barack Obama, accompanied by New Orleans Mayor Mitch Landrieu, holds a child as he greets residents in the the Tremé neighborhood in New Orleans, Thursday, Aug. 27, 2015, for the 10th anniversary since the devastation of Hurricane Katrina. Tremé is one of the oldest black neighborhoods in America, which borders the French Quarter just north of Downtown.(AP Photo/Andrew Harnik)

President Barack Obama holds a child as he greets residents in the the Tremé neighborhood in New Orleans for the 10th anniversary since the devastation of Hurricane Katrina. Tremé is one of the oldest black neighborhoods in America

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A presidential flag on a presidential limo can be seen as President Barack Obama, greets a resident in the the Tremé neighborhood in New Orleans, Thursday, Aug. 27, 2015, for the 10th anniversary since the devastation of Hurricane Katrina. Tremé is one of the oldest black neighborhoods in America, which borders the French Quarter just north of Downtown. (AP Photo/Andrew Harnik)

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President Barack Obama greets residents in the the Tremé neighborhood in New Orleans, Thursday, Aug. 27, 2015, for the 10th anniversary since the devastation of Hurricane Katrina. Tremé is one of the oldest black neighborhoods in America, which borders the French Quarter just north of Downtown.(AP Photo/Andrew Harnik)

U.S. President Barack Obama delivers remarks during a visit to an area reconstructed after Hurricane Katrina, accompanied by New Orleans mayor Mitch Landrieu (L), during a presidential visit to New Orleans, Louisiana, August 27, 2015. Obama on Thursday will highlight the "structural inequality" that hurt poor black people in New Orleans before the devastation of Hurricane Katrina, during a visit to celebrate the city's progress 10 years after the storm. REUTERS/Carlos Barria

President Barack Obama with Mayor Mitch Landrieu

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President Barack Obama, accompanied by New Orleans Mayor Mitch Landrieu, right, teases a shy girl as he greets residents in the the Tremé neighborhood in New Orleans, Thursday, Aug. 27, 2015, for the 10th anniversary since the devastation of Hurricane Katrina. Tremé is one of the oldest black neighborhoods in America, which borders the French Quarter just north of Downtown. (AP Photo/Andrew Harnik)

President Barack Obama, accompanied by New Orleans Mayor Mitch Landrieu, left, holds a young girl as he greets residents in the the Tremé neighborhood in New Orleans, Thursday, Aug. 27, 2015, for the 10th anniversary since the devastation of Hurricane Katrina. Tremé is one of the oldest black neighborhoods in America, which borders the French Quarter just north of Downtown. (AP Photo/Andrew Harnik)

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President Barack Obama, accompanied by New Orleans Mayor Mitch Landrieu, third from right, greets residents in the the Tremé neighborhood in New Orleans, Thursday, Aug. 27, 2015, for the 10th anniversary since the devastation of Hurricane Katrina. Tremé is one of the oldest black neighborhoods in America, which borders the French Quarter just north of Downtown. (AP Photo/Andrew Harnik)

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U.S. President Barack Obama sits for lunch at Willie Mae's restaurant near downtown during a presidential visit to New Orleans, Louisiana, August 27, 2015. Obama on Thursday will highlight the "structural inequality" that hurt poor black people in New Orleans before the devastation of Hurricane Katrina, during a visit to celebrate the city's progress 10 years after the storm. REUTERS/Carlos Barria TPX IMAGES OF THE DAY

President Barack Obama sits for lunch at Willie Mae’s restaurant with young men from My Brother’s Keeper initiative

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President Barack Obama participates in a roundtable on Hurricane Katrina at the Andrew P. Sanchez Community Center in New Orleans, Thursday, Aug. 27, 2015, while visiting for the 10th anniversary since the devastation of Hurricane Katrina. The roundtable highlighted advancements in national preparedness, showcase Gulf Coast resiliency, mark the achievements of the New Orleans community over the past 10 years with opportunities to build future resilience.(AP Photo/Andrew Harnik)

President Barack Obama participates in a roundtable on Hurricane Katrina at the Andrew P. Sanchez Community Center in New Orleans

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President Barack Obama speaks during an event to mark the 10th anniversary of Hurricane Katrina on August 27, 2015 in New Orleans, Louisiana. President Obama spoke at the Andrew P. Sanchez & Copelin-Byrd Multi-Service Center located in the Lower 9th Ward, a largely African-American neighborhood that was one of the hardest hit by the storm

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Four young men who's lives were affected by Hurricane Katrina listen as President Barack Obama delivers remarks at Andrew P. Sanchez Community Center in New Orleans, Thursday, Aug. 27, 2015, for the 10th anniversary since the devastation of Hurricane Katrina. The young men had lunch with the president and discussed resiliency in the face of adversity. (AP Photo/Andrew Harnik)

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27
Aug
15

Chat Away

@dougmillsnyt: President Obama holds a little girl during a walking tour of the rebuilt Treme neighborhood in New Orleans #Katrina10

27
Aug
15

President Obama Delivers Remarks In New Orleans

4:55 EDT: President Obama Delivers Remarks at the Andrew P. Sanchez Community Center, New Orleans

27
Aug
15

The Economy Is Growing. Don’t Screw It Up, Congress

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Jason Furman: Second Estimate Of GDP For The Second Quarter Of 2015

Real GDP growth in the second quarter was revised markedly upward, as consumers spent more and businesses invested more than previously estimated. The economy grew at a much faster pace in the second quarter than in the first, with strong personal consumption leading the rebound. At this time in the global economy, it is essential that we continue to do everything we can to maintain America’s domestic economic momentum—including avoiding a return to fiscal brinksmanship or unnecessary austerity by passing an on-time budget that reverses the sequester, increasing investments in infrastructure as part of a long-term transportation reauthorization, and other steps to foster long-term growth.

1. Real Gross Domestic Product (GDP) rose 3.7 percent at an annual rate in the second quarter according to the BEA’s latest estimate, well above the first quarter’s 0.6 percent pace and the BEA’s initial second-quarter estimate of 2.3 percent growth. In the second quarter, the increase in GDP growth was led by a faster pace of personal consumption growth than in the first quarter and a shift from negative to positive net export growth. Structures investment, which declined sharply in the first quarter and was previously thought to have declined in the second, is now estimated to have grown. Overall, real GDP has now risen 2.7 percent over the past four quarters.

More here

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27
Aug
15

Chat Away

27
Aug
15

Early Bird Rise and Shine

On This Day: President Barack Obama visits with Natalie Quillian, Advisor to the Chief of Staff, and family in the Oval Office, Aug. 27, 2014 (Photo by Pete Souza)

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Today

10:05 EDT: The President departs the White House

12:20 CT: Arrives New Orleans

12:45 CT: Meets with residents and youth

2:55 CT: Participates in a roundtable discussion

3:55 CT: Delivers remarks on the region’s rebirth after Hurricane Katrina

5:00 CT: Departs New Orleans

8:30 EDT: Arrives White House

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On This Day: President Barack Obama and family tour the Gay Head lighthouse in Aquinnah, Mass., while on vacation on Martha’s Vineyard, Aug. 27, 2009 (Photo by Pete Souza)

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MoooOOOooorning!




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