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Posts Tagged ‘Stimulus’

Obama State Of The Union Speech Will Focus On Economy

BEN FELLER | 01/27/10 09:49 AM | AP

WASHINGTON — Facing a divided Congress and a dissatisfied nation, President Barack Obama will unveil a jobs-heavy agenda in his State of the Union address Wednesday, retooling his message more than his mission.

His goal: Get the economy, the confidence of voters and his own presidency on surer footing.

Obama will offer fresh details about how he wants to salvage an overhaul of health care, rein in the national debt and help businesses hire again. He will call for education reform and more money for schools, take responsibility for mistakes in his first year and follow up his speech with a dash to Florida to announce $8 billion in awards for high-speed rail.

Two themes will underpin the entire address – reassuring millions of Americans that he understands their struggles and convincing people that he is working to change Washington even as he finds himself working within its old political ways.

Yet for all the new wrinkles he offers, Obama’s moment will be measured largely by how well he reconnects with the public.

“In this political environment, what I haven’t always been successful at doing is breaking through the noise and speaking directly to the American people,” Obama conceded to an interviewer last week. This is his chance – speeches like this one can draw 30 million to 50 million viewers, sometimes more.

The White House knows the 9 p.m. EST address has enormous stakes. Obama rode a tide of voter frustration into office and now is getting smacked by it himself.

Change is working against him.

MORE HERE

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Obama: Stimulus a ‘major milestone to recovery’

RAW STORY
Published: Saturday February 14, 2009

WASHINGTON (AFP) – US President Barack Obama early Saturday hailed a 787-billion-dollar economic stimulus plan passed by Congress, calling it “a major milestone on our road to recovery.”

“This is a major milestone on our road to recovery, and I want to thank the members of Congress who came together in common purpose to make it happen,” Obama said in his weekly radio address.

He promised to sign the package into law “shortly.”

The comments came after the US Congress late Friday approved a 787-billion-dollar package of tax cuts and fresh spending to salvage the broken US economy, handing the president his biggest yet political victory.

The Senate voted 60-38 to pass the measure hours after it cleared the House of Representatives by a lopsided 246-183 margin, setting the stage for Obama to sign the measure into law before his self-imposed February 16 deadline.

Obama expressed confidence that the plan “will save or create more than 3.5 million jobs over the next two years, ignite spending by business and consumers alike, and lay a new foundation for our lasting economic growth and prosperity.”

The legislation, a product of hard-fought negotiations this week, allocates 120 billion dollars to infrastructure spending, including monies for highways, trains and expanding broadband Internet access.

It also features nearly 20 billion dollars for renewable energy and 11 billion to modernize the US electrical grid — steps former vice president Al Gore warmly endorsed weeks ago as a major downpayment on Obama’s strategy for fighting climate change.

The bill includes tax cuts — expected to benefit 95 percent of US families — and tens of billions of dollars for extending unemployment benefits, bolstering healthcare for the least well-off and funds to help cash-strapped states avoid cuts in services like education.

MORE HERE

The following video was posted to WhiteHouse.gov on Feb. 14, 2009.

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You’ve probably noticed that the debate swirling around the president’s recovery bill has reached new levels of mortal terror and chaos. Even a casual excursion around the liberal tubes and you’ll find posts that read like the worst parts of the Bible. There’s a palpable vibe in many progressive circles that the president is on the brink of an epic fail.

After all, this is one of those do-or-die moments in American history and the panic level is rightly proportional.

But while urgency is appropriate, we’re losing the initiative.

We all have our own ideas about what the recovery bill is supposed to look like. The Republicans are threatening to filibuster, and we can’t trust Harry Reid to stop them. Rush Limbaugh, the very serious leader of the Republican Party and alleged sex tourist, has ordered his dittoheads to blitz the Democrats with angry phone calls. Concurrently, Democrats, liberals and progressives, for all we’ve learned in the last eight years, are losing the framing battle — “stimulus package” sounds like a weird service offered at a porn store and, in that context, a trillion dollar “stimulus package” sounds, you know, painful. Meanwhile, centrist Democrats like Ben Nelson appear to be ransacking the bill. Other Democrats have bugged out of Washington entirely.

We’re looking at fire and brimstone coming down from the skies. Forty years of darkness. The dead rising from the grave! Dogs and cats living together! Mass hysteria!

Come to think of it, some of that Ghostbusters stuff might actually come true if a beefy and expensive recovery bill isn’t passed, and right soon.

So how do we get there?

The first step in getting a handle on all of this mayhem is to understand that this is unprecedented in terms of size, scope and strategy — only rivaled by the New Deal. Then again, for all of the obstacles he faced, FDR didn’t have to negotiate his way through cable news, a hostile press, far-right talk radio, the blogotubes and an army of dittoheads taking their orders from an impotent burnout whose stated goal is the failure of the economy. In other words, while there are very smart economic solutions being pitched by Paul Krugman and others, the price tag, politics, optics, media and discourse are all brand new.

This is massive, this is complicated, this is unlike anything we’ve ever seen.

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Obama Stimulus Speech: “Time For Action Is Now” (VIDEO)

Huffington Post |  Nicholas Sabloff   |   February 5, 2009 12:27 PM

From the AP:

President Barack Obama says the time for talk on an economic recovery package is over and “the time for action is now.”
Speaking at the Energy Department, Obama made a fresh plea for the stimulus plan that the Senate is debating. He cited the latest bad economic news of jobless claims as another reason for quick action.

He said: “The time for talk is over, the time for action is now.”

He also launched a shot at critics while talking about energy, questioning, “are these folks serious?”

Now, I read the other day that critics of this plan ridiculed our notion that we should use part of the money to modernize the entire fleet of federal vehicles to take advantage of state of the art fuel efficiency. This is what they call pork. You know the truth. It will not only save the government significant money over time, it will not only create manufacturing jobs for folks who are making these cars, it will set a standard for private industry to match. And so when you hear these attacks deriding something of such obvious importance as this, you have to ask yourself — are these folks serious? Is it any wonder that we haven’t had a real energy policy in this country?

For the last few years, I’ve talked about these issues with Americans from one end of this country to another. And Washington may not be ready to get serious about energy independence, but I am. And so are you. And so are the American people.

During his speech Obama also issued a strong critique of the GOP’s economic policies, even though he didn’t utter the party’s name. He told the audience that:

In the last few days, we’ve seen proposals arise from some in Congress that you may not have read but you’d be very familiar with because you’ve been hearing them for the last 10 years, maybe longer. They’re rooted in the idea that tax cuts alone can solve all our problems; that government doesn’t have a role to play; that half-measures and tinkering are somehow enough; that we can afford to ignore our most fundamental economic challenges — the crushing cost of health care, the inadequate state of so many of our schools, our dangerous dependence on foreign oil.
So let me be clear: Those ideas have been tested, and they have failed. They’ve taken us from surpluses to an annual deficit of over a trillion dollars, and they’ve brought our economy to a halt. And that’s precisely what the election we just had was all about. The American people have rendered their judgment. And now is the time to move forward, not back. Now is the time for action.

VIDEO AND TRANSCRIPT HERE

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There’s a killer web graphic that was created back in the post-Republican Convention days while everyone was writing spasmodic, breathless “Obama should [fill in the blank]” blog entries and “Oh crap! We’re gonna lose!” newspaper columns. Not that there’s anything wrong with that, really. The Obama campaign slipped in the polls during Sarah Palin’s very brief golden age — an era of roughly two weeks following the Alaska governor’s successful recitation of a convention speech without, you know, choking on her own vomit.

Very few of us were confident of an Obama victory at the time. After all, previous Democratic nominees had been riding bullet trains to victory in the polls, only to gradually and utterly bonk as the summer segued into autumn. Even candidate Obama was warning us about the Democratic habit of “snatching defeat from the jaws of victory.” Yeah. Anyone who claims to have been absolutely 100 confident of a Barack Obama victory in the first week of September 2008 is either lying or lying.

However, some people were more confident (hopeful, perhaps) than others.

The web graphic is actually a photograph of Barack Obama from his Invesco Field acceptance speech. In it, he’s looking directly into the camera with an expression of fierce determination on his face — his teeth gnashed in an Eastwood snarl, his left hand gesturing as though he’s kung fu fighting his way through an oversized cinderblock made of SlapChop-minced Republican skulls.

The large, white text superimposed at the top reads: “Everyone chill the fuck out.” The text at the bottom exclaims: “I got this!”

Sure enough, two months later, we watched as this liberal African American man with the noble yet politically unusual name “Barack Hussein Obama” defied the odds and won red states like Florida, Ohio, North Carolina, Indiana and the commonwealth of Virginia.

Fade out the roaring crowds at Grant Park. Dissolve to late January.

The economy continues to creep nearer to the crumbling ledge of yet another Depression — if it isn’t there already. And yet the Republicans who very nearly shoved us over the ledge are prancing around as if their collective Reaganomics don’t stink.

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