Economy Now

Instant reaction and smart charts on economic trends.
  • Romney declares victory, asks 'are you better off?'

    After winning primary votes in Connecticut, Delaware, New York, Pennsylvania and Rhode Island on Tuesday night, Mitt Romney bid adieu to his Republican opponents and turned his attention to President Obama and the general election.

    In his victory speech, Romney argued that the president's economic policies have failed, and invoked Ronald Reagan's famous query to voters: "Are you better off than you were four years ago?" Here's what Romney said:

    Four years MORE

    - Apr 25, 2012 12:09 PM ET
  • SEC rule hits Romney fundraising

    The Wall Street Journal reports that Mitt Romney's new "Victory Fund"  -- a joint effort between the campaign and the Republican National Committee -- has encountered a minor stumbling block.

    Deep pocketed Wall Street donors, many of whom are thought to favor Romney, are being warned by their firms to limit donations. Here's the Journal:

    "[The Victory Fund] asks donors to give as much as $75,800, including donations to Mr. Romney's primary MORE

    - Apr 23, 2012 12:31 PM ET
  • Romney's economic brain trust

    The long trek to the White House is never made alone. Instead, candidates pick up all manner of consultants, pollsters, advisers, press officers and wanna-be appointees along the way.

    Mitt Romney, now considered his party's presumptive nominee, has his own team of four economic advisers. Harvard economist Greg Mankiw and Columbia Business School's Glenn Hubbard hail from academia.  Former Sen. Jim Talent and Rep. Vin Weber bring knowledge of Washington's hallways MORE

    - Apr 18, 2012 5:00 AM ET
  • Romney hints at tax changes

    One of the biggest knocks on Mitt Romney this election cycle is that his policy proposals have lacked specificity -- especially when it comes to how much the government should tax, and what programs it should spend that revenue on.

    But on Sunday, a few new details were revealed as reporters were able to eavesdrop on a closed Romney fundraiser.

    We know Romney wants to cut income tax rates MORE

    - Apr 16, 2012 11:43 AM ET
  • What kind of car is Obama?

    If President Obama was a car, what kind of car would he be and why?

    That's the question Resurgent Republic, a conservative polling and advocacy group, asked independent voters in Virginia and Colorado recently. The focus group members all voted for Obama in 2008, but are undecided heading into this year's general election.

    The answers, to say the least, varied.

    One voter said Obama is most like a Yugo. Yes, the subcompact MORE

    - Apr 12, 2012 1:17 PM ET
  • Romney's message in an improving economy

    Mitt Romney thinks the economy is improving.

    That might come as a shock if you've heard the candidate's stump speech. But it's true.

    Romney met with voters Monday in Springfield, Ill., on President Obama's home turf, and made clear that he is not a member of the second-recession doomsday crowd.

    "I believe the economy is coming back by the way," Romney told the crowd. "We'll see what happens, it's had ups and downs, MORE

    - Mar 20, 2012 11:16 AM ET
  • Rich voters love Romney

    The 2012 Republican primary contest has been defined by a series of roller-coaster lead changes. At various points, 11 different contenders have led national polls.

    But one demographic group -- the wealthy -- seems to have settled on a candidate.

    And their man is Mitt Romney.

    On Tuesday, Romney lost to Rick Santorum in both Alabama and Mississippi. But among individuals making more than $100,000, he received more votes than his competitors.

    In Alabama, MORE

    - Mar 14, 2012 12:20 PM ET
  • One bourbon, two bourbon. Red bourbon, blue bourbon.

    I got an e-mail from one of my local liquor stores (is it a problem if I am on the list for more than one wine shop in my neighborhood?) alerting me to the fact that one of my favorite makers of brown liquor, Heaven Hill Distilleries, is now selling election-themed straight bourbon whiskey. (Yes, with an E. This is America! Although they make Whiskey in Ireland too. But I MORE

    - Mar 9, 2012 4:13 PM ET
  • Romney: My tax plan 'can't be scored'

    Like every Republican presidential candidate, Mitt Romney wants to cut a whole bunch of taxes.

    Just two of the more expensive provisions would reduce revenue by more than $3.4 trillion over a decade. Meanwhile, the campaign, and the candidate, insist that the plan is "budget neutral."

    So one would expect something of a plan to fill in that huge revenue hole created by the tax cuts.

    The campaign says the tax cuts will MORE

    - Mar 7, 2012 2:35 PM ET
  • Have tax plan, will run for president

    Every single 2012 candidate wants to change the U.S. tax code.

    Some of the changes would be quite drastic (I'm looking at you, Ron Paul.)

    Other candidates propose far more modest changes. In general, every Republican candidate wants to lower taxes. President Obama's biggest modifications would result in the rich paying more.

    CNNMoney has covered the proposals from Obama, Paul, Newt Gingrich, Mitt Romney and Rick Santorum in some detail.

    But now our friends MORE

    - Mar 5, 2012 12:07 PM ET
  • It's still the economy, stupid

    Exit polls in state after state have confirmed what has long been assumed: The economy is issue #1.

    Asked to identify the most important issue to them, voters have consistently ranked the economy and the budget deficit as their top concerns.

    And in almost every case, the voters then reward the candidate they think will handle that issue best with an electoral victory.

    Now sure, data is limited to one political party, but MORE

    - Feb 29, 2012 3:27 PM ET
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