Jaime Fuller

Jaime Fuller is a former associate editor at The American Prospect

Recent Articles

Odd Couple

When George W. Bush came back to his former home in Washington today to unveil his and his wife's official paintings, reporters were quick to note how much of an odd couple Obama and Dubya prove. AP's Ben Feller wrote that it seemed "a little awkward that Obama is about to preside as Bush's image and legacy are enshrined forever," given that "Obama is still bad-mouthing Bush's time in office.” Roger Runningen at Businessweek noted that Obama “rarely passes up a chance to highlight the 'mess' he inherited when he took office." But both politicians were perfectly civil as they shared the spotlight this afternoon, cracking jokes and leaving the election on the trail. Obama even thanked his predecessor: “You also left me a really good TV sports package. I use it.” As strange as it may seem to see the former president and the man who won by running against his legacy enjoy each other’s company, a Romney and Bush joint-event is an even bigger stretch of the imagination. First of all, the...

Housing Stuck in Neutral

Today's Balance Sheet

Housing prices fell again in March—but barely—stirring hopes that perhaps the market may finally be on the rebound. “We’ve turned the corner,” said Scott Brown, chief economist at Raymond James & Associates. “This was always going to be a very gradual process. No one expected a real sharp housing recovery.” Prices fell 0.03 percent in March, according to the S&P/Case-Shiller 20-city home-price index; adjusting for seasonal factors, prices have risen 0.09 percent. The National Association of Realtors reported last week that sales were up 3.4 percent from April. However, consumers are still exercising caution. A consumer-confidence survey released by a business-research firm shows that confidence in the housing market dropped to a four-month low of 64.9 in May. The Case-Shiller's index of the top ten metropolitan areas was down 2.8 percent from the year prior. The Latest GOP Groups Plan $1 Billion Blitz POLITICO Worries About Spain Weigh on Euro Zone The New York Times Job...

Let Obama Be Obama

The New York Times ' big story today, detailing President Obama’s role in the country’s counterterrorism efforts, should ignite a slow burn of new coverage and heated questions in the upcoming weeks. The scene, which presents Obama looking through Al Qaeda members' biographies and making the final life-or-death call of which suspects make their way onto what the Times calls "macabre 'baseball cards' of an unconventional war," feels ripped right from the third episode of The West Wing , "Proportional Response," where President Jed Bartlet struggles with the difficult decisions of war, in a cinematically presidential way. This image (and the 2008 national security campaign literature trumpeting the phrase “Pragmatism over ideology,” which was regurgitated in the piece) captures the ultimate truth of the Obama presidency—something that will be overlooked in the inevitable columns that will challenge Obama on the civil-liberties shortcomings presented in the Times piece. Obama never ran...

Euro in the Balance ... Still

Today's Balance Sheet

Finance ministers from the 17 eurozone countries agreed this week that it's time to make contingency plans in case Greece drops out. While some leaders—like new French President François Hollande—have floated offering eurobonds to struggling member states like Greece and Spain, German Chancellor Angela Merkel is standing her ground. "We want Greece to remain in the eurozone," Merkel said after yesterday's European Union summit. "But the precondition is that Greece upholds the commitments it has made." All eyes are on June 17 now, when Greece's next round of elections will occur. If the left-wing parties solidify the gains they made in the last election and a firm legislative rejection of the eurozone bailout plan is the result, it is hard to imagine an outcome not ending with a Greek exit from the currency. Currently, the top left-wing and conservative party are neck-and-neck in the polls. For now, the European leaders haven't made any firm decisions on eurobonds or other potential...

Fear the Reaper

Today's Balance Sheet

Unless Congress and the White House work together to manage the budget sequestration and tax hikes scheduled for the end of the year, the economy could plummet into a mild recession—growth contracting by an estimated annual rate of 1.3 percent— according to the Congressional Budget Office. If all the spending cuts and tax hikes are canceled, the economy will likely grow by 4.4 percent, and two million jobs will be added. "The idea of piling another recession on top of such a slow and incomplete recovery is quite horrifying from the standpoint of the well being of average families in this country," said William Galston at the Brookings Institution. "It would be unconscionable to permit that to happen if there were obvious policy alternatives." Complicating the impending negotiations is the debt ceiling, which Republicans say they are unwilling to raise without spending cuts, and which will need to be dealt with at the end of the year as well. The CBO also said that although next year...

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