President Stresses Urgency: ; Failure to Act Will Deepen Crisis, Obama Declares
Charleston Gazette › February 10, 2009
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Summary
WASHINGTON - President Obama, pressuring lawmakers to urgently approve a massive economic recovery bill, turned his first prime- time news conference Monday night into a determined defense of his emergency plan and an offensive against Republicans who try to "play the usual political games."
He said the recession has left the nation so weak that only the federal government can "jolt our economy back to life." And he declared that failure to act swiftly and boldly "could turn a crisis into a catastrophe."See the full content of this document
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President Stresses Urgency: ; Failure to Act Will Deepen Crisis, Obama Declares
He said the country could be in better shape by next year, as measured by increased hiring, lending, home values and other factors. "If we get things right, then, starting next year, we can start seeing significant improvement," Obama said.
With more than 11 million Americans now out o...See the full content of this document
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