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Old 11-25-2008, 04:53 PM
jaxfam6 jaxfam6 is offline
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Join Date: Mar 2008
Location: Now? Phoenix, AZ. Before? Newark, OH, Wyandotte, MI, Tampa, FL
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Obama: Economic rescue will trump deficit fight

http://news.yahoo.com/s/ap/obama_economy

CHICAGO – The economy growing weaker, President-elect Barack Obama said Tuesday that recovery efforts will trump deficit concerns when he takes office in January. Yet he pledged a "page-by-page, line-by-line" budget review to root out unneeded spending.

The president-elect set no goals for reducing the federal deficit — now in record territory and headed ever higher — an obvious contrast to Monday's announcement that he hopes to create a recession-busting 2.5 million jobs by 2010.

He spoke as he appointed Peter Orszag, currently head of the Congressional Budget Office, to be his own budget director.

Obama's comments came at his second news conference in as many days, an unusual pre-inaugural burst of activity that he said reflected "the extraordinary circumstances" he will inherit on Jan. 20.

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The "extraordinary circumstances" that the democrats have gotten us into already. He plans to accomplish a lot with his party if he expects to be able to accomplish all of this with a democratic house and senate. GOOD LUCK BO

Yet he is more concerned with the 'recovery' than he is with the deficit. Don't they think the deficit helped to get us into this situation? Well now we will see how low the income is for the new tax increases that it will take to get the recovery under way.

And all of these press confrences. He really seems to like to hear himself speak. Looks like that is all we are going to get out of him, TALK. He hasn't stopped talking. Someone needs to remind him that God gave him two ears and one mouth. That way he can listen twice as much as he talks.
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