Gloom and Doom: Obama warns of more sacrifices to come
[Via USAToday.com] President Obama on Tuesday night will emphasize the need for his mammoth economic recovery plan and call on Americans to withstand further sacrifices to heal the nation’s battered economy.
“The weight of this crisis will not determine the destiny of this nation,” Obama said in an excerpt released by the White House on Tuesday. “The answers to our problems don’t lie beyond our reach. … What is required now is for this country to pull together, confront boldly the challenges we face and take responsibility for our future once more.”
In his first prime-time address to a joint session of Congress, Obama will argue that the government must take unprecedented steps to halt the dizzying economic downturn, steps that go beyond the $787 billion economic stimulus package he already has signed into law.
According to his senior aides, Obama will use the speech to explain and promote his plans to shore up the flagging housing market and stem foreclosures, regulate the nation’s financial industries, deliver aid to banks and the auto industry, reform health care and enhance educational opportunities.
“One of the president’s tasks tonight is to explain how all of this fits together and how what happens in one part of our economy impacts on what happens to individuals and businesses all throughout the country,” White House senior adviser David Axelrod told ABC News on Tuesday.
Keep reading at USAToday.com
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