Friday, December 5, 2008

Obama appears to move up timetable on economic relief - CNN Political Ticker

For those who follow closely the words of President-elect Obama, Friday’s statement on alarming new jobless figures for the month of November sounded just a bit familiar — several lines were drawn directly from the script of his November 22 radio address. What hasn’t changed over the past two weeks: the infrastructure funding at the heart of his stimulus plan, and language calling for “immediate action” to address the nation’s economic woes. What seems to have shifted slightly in the new statement: the emphasis on exactly how immediate the president-elect believes this action should be.

“There are no quick or easy fixes to this crisis, which has been many years in the making, and it’s likely to get worse before it gets better,” Obama said in his November 22 radio address. “But January 20th is our chance to begin anew — with a new direction, new ideas, and new reforms that will create jobs and fuel long-term economic growth.”


Obama's campaign brought in nearly $750 million dollars.

Obama's campaign brought in nearly $750 million dollars.

But as the Dow continues to tank and jobless numbers continue to climb, the timetable seems to have been pushed up just a bit in Obama’s new statement: gone is the reference to Inauguration Day, still a month-and-a-half away — keeping the president-elect’s agenda framed strictly in the present tense. "There are no quick or easy fixes to this crisis, which has been many years in the making, and it's likely to get worse before it gets better,” he said in his Friday statement. “But now is the time to respond with urgent resolve to put people back to work and get our economy moving again.”

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