Thursday, February 5, 2009
It would appear that President Obama has had it with the Republicans, and some Democrats. who are stonewalling against his stimulus package. Today at an appearance before the Energy Department he made these comments;
"As we are meeting, in the halls of Congress just down the street from here, there is a debate going on about the plan I have proposed, the American Recovery and Reinvestment Plan. This isn't some abstract debate. Last week we learned that many of America's largest corporations are planning to lay off tens of thousands of workers. Today we learned that last week the number of new unemployment claims jumped to 626,000. Tomorrow we're expecting another dismal jobs report. On top of the 2.6 million jobs that we lost last year, we've lost half a million jobs each month for the last two months."
"Now, I believe that legislation of such magnitude as has been proposed deserves the scrutiny that it has received over the last month. I think that's a good thing, that's the way democracy is supposed to work. But these numbers that we're seeing are sending an unmistakable message, and so are the American people. The time for talk is over. The time for action is now. Because we know that if we do not act, a bad situation will become dramatically worse. Crisis could turn into catastrophe for families and businesses across the country, and I refuse to let that happen."
"We can't delay, and we can't go back to the same, worn-out ideas that led us here in the first place. So let me be clear: Those ideas have been tested, and they have failed. They have taken us from surpluses to an annual deficit of over a trillion dollars. And they have 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 it is time to move forward, not backward. Now is the time for action."
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