Showing posts with label Recession. Show all posts
Showing posts with label Recession. Show all posts

Tuesday, March 24, 2009

Update: President Obama's Second Prime Time News Conference


Photo Courtesy of MinnesotaPublicRadio.org

By Williette Nyanue

Q&A:

Growing Defict: President Obama planned to possibly sacrifice a growing deficit, in order to reform healthcare, energy, education, and budget spending. "Let's make the investments that ensure that we meet our growth and target, as opposed to us not making these investments, and we still have these problems," said President Obama. The president did, however, plan to cut the deficit in half by instating these reforms. "If we don't do these things, we won't grow," said Obama.

No Global Currency: President Obama said that he did not think there was a need for a global currency.

Homeless Children: "I am heartbroken that any child is homeless," said Obama and he planned to alleviate this situation by making sure that their parents have jobs in the immediate future. "It is not acceptable for children and families to be without a roof over their heads in a country as wealthy as ours," said President Obama. The president planned to put into action programs and reforms to aid the homeless.

Race: "The American people are judging me the way that I should be judged," said Obama.

President Obama's Second Prime Time News Conference

By Williette Nyanue

Opening Statement: President Obama directed his opening remarks to the American public, assuring them that, though the process of rebuilding the economy will be hard, through his stimulus plan, Americans will begin to see progress. Regarding the recession, President Obama stated that, "it will take many months to lead us out. There are no quick fixes and there are no silver bullets." Though President Obama recognized the difficulty that the next few months will bring, he encouraged Americans to not give up hope. "We will get there if we travel that road as one nation, as one people...Let's look toward the future with a renewed sense of confidence that we will prosper."

-30-