Obama Weekly Address: Country Needs Economic Stimulus Plan

[Hissyspit]

Run time: 02:19 https://www.youtube.com/watch?v=nohPlJXPw6A   Posted on YouTube: January 03, 2009 By YouTube Member: Views on YouTube: 0   Posted on DU: January 03, 2009 By DU Member: Hissyspit Views on DU: 778

 
President-elect Barack Obama wants Congress to move quickly on an economic recovery plan. In his weekly radio address, Obama is urging lawmakers to pass a plan designed to create 3 million jobs. (Jan. 3)

[rosesaylavee]

1. I don't know about any one else here

but I find his weekly addresses to be very soothing. I hope he convinces the beltway that we need help out here in the hinterlands.

[DFW]

2. There is one minor detail he left out (I would have, too)

What he is proposing stands a good danger of being highly inflationary. I don't see any
other way out at this point, but the danger of the dollar becoming monopoly money is real,
if not imminent. It will require some extremely deft fine tuning on the part of Treasury,
and a good deal of cooperation from at least a few Republicans in Congress.

On the other hand, if we don't want the country to look like 1934, we do have to try something
new and bold. Leaving things as they are, and the people who lose jobs and livelihoods to beg
on the streets would be the classicly conservative Republican solution, and it would suck for
all but the minority with the wherewithal to survive any tempest. I, for one, do not desire to
reside in a gated community with armed guards to stave off the angry, hungry masses (a jail is
a jail, no matter how elegantly appointed). Nor do I wish to be part of the hungry, angry masses,
driven to violence because I have reached the point where I have nothing left to lose.

I feel Obama has stated the best case scenario, and it's exactly what he should have done at
this point. It will be rough going, and future speeches will have to admit it. Prosperity is NOT
"just around the corner." Damage control will be a painful, long process. Just the fact that the
man in the Oval Office realizes that we have to get started is grounds for some (long-term)
optimism, though, and thus the reason I applaud his words and his tone for now. There has to be
some kind of incentive to embark on a lengthy journey whose rewards won't be realized for a long
time. I feel he has provided the impression that the incentive is there. Time to get started.

[ayeshahaqqiqa]

3. He's thrown down the gauntlet

to Congress. Get that stimulus package in bill form and on the floor as soon as you are sworn in. I have hopes that the House will do so--they appear to be reigning in the obstructionist tactics of the GOP--but the Senate appears it will be too preoccupied deciding the Burris mess to bother with meaningful legislation. I hope I am wrong about this, but I don't trust Reid.

[quidam56]

4. Appalachia can't stand anymore...

of the Bush Legacy ! http://www.wisecountyissues.com He sure likes blowing stuff up don't he ??? Hannity's America sure isn't My America.