If you thought President-elect Barack Obama was going to wait until January 2009 to address the state of the economy well you can forgetaboutit :) He's coming out of the blocks quickly and taking his position as a world leader seriously.
We need a rescue plan for the middle class that invests in immediate efforts to create jobs provides relief to families that are watching their paychecks shrink and their life savings disappear," Obama said in his opening statement before taking questions.
We are facing the greatest economic challenge of our lifetime, and we must act swiftly to resolve them," he added, while also deferring to President Bush and his economic team, noting that the country has only one government and one president at a time.
"This morning, we woke to more sobering news about the state of our economy," Obama said in his opening statement. The 240,000 jobs lost in October marks the 10th consecutive month that our economy has shed jobs. In total, we've lost nearly 1.2 million jobs this year and more than 10 million Americans are now unemployed. Tens of millions of families are struggling to figure out how to pay the bills and stay in their homes."
I have to give it to him. Even though he is not addressing homelessness directly, he understands that Washington must begin to undo the barriers preventing Americans from employment and to focus on keeping people in their homes. I can't even recall if President Bush has even said that we are in a "recession" now he has said "crisis", however, Barack Obama is addressing this country one issue at a time and by that I mean he trying to keep people in their homes. Amen!
Do you approve this message by President Barack Obama? Question: What exactly is the "middle class"???
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