January 5th, 2009
09:05 AM ET
9 years ago

Obama plans big economy speech Thursday

(CNN) - A senior democratic official confirms the president elect is planning a major speech on the economy Thursday.

Filed under: Candidate Barack Obama
soundoff (134 Responses)
  1. Mike, I represent the youth

    To Mike, I have seen the youth because I live in the range (under 25).

    Guess what... this young group is so much worse than the middle aged group right now.

    Amazing sense of entitlement and arrogance exist here with the microsecond attention span.

    Believe me, all Obama has to do is make sure everyone under 25 gets an Iphone or Blackberry with unlimited text and internet and the youth will vote their lives away...

    January 5, 2009 11:14 am at 11:14 am |
  2. Irritated in Fl

    We all know that Obama is nothing BUT speeches. The inexperience and lack of leadership abilities in Obama is going to be the coup de gras on our nation. What in the hell were you people thinking?

    January 5, 2009 11:15 am at 11:15 am |
  3. Richard A. Spomer

    Well he needs to be inclusive of everyone on a significant tax cut as soon as possible. Even if it looks like opening the spiked and letting money flow, then turn around and raise taxes at a later date.

    January 5, 2009 11:15 am at 11:15 am |
  4. Bridgette-PA

    "kevin-pa" – Did you ever think that his speech on Thursday could be an outline of what he plans to do to stimulate the economy! I know we have heard it before but let's also remember he's not in office yet! At least he's being "open" which is more than I can say for our current Prez. You sound so bitter by telling us what we already know. I thought you moved to Canada by now! Get lost, loser!

    "Former Obama Voter" – Don't worry dear. There will be NO IMPEACHMENT OF OBAMA nor will he be forced to resign. Also, I'd rather be "stuck" with Joe Biden any day than have gone through the past eight years of Bush! You may also buy a one-way ticket to Canada!

    January 5, 2009 11:16 am at 11:16 am |
  5. Stacy from Leesburg VA

    We need to get people to work. Offering tax incentives and breaks to companies that put American workers first is what we should have done in the first place instead of offering breaks to companies that send jobs overseas. Rebuilding schools and the infastructure of this country is also a good way of getting out of work people back to stability and out of the Great Recession. PE Obama has a solid plan folks, let's listen and make informed decisions.

    January 5, 2009 11:22 am at 11:22 am |
  6. JIM IN PA

    Sweetie= Liberal – 1 Generous in giving; bounteous. 2 abundant; lavish; a liberal reward. 3 Of based on the liberal arts; a liberal education 4 characterized by or favoring policies of reform and progress and generally opposing conservatism or reaction 5 not bigoted or prejudiced; broadminded. 6 not resteicted to the literal meaning.......... Conservative – 1 Adhering to and tending to preserve the existing order of things; opposed to "CHANGE". 2 A political party or philosophy "THAT FAVORS THE STATUS QUO and is critical of proposals for "CHANGE". Sorry sweetie, change has come to america. no more conservatives. FORMER OBAMA VOTER= You never supported obama, but if you did thanks for the vote. your "ONE" vote relly pushed use over the top.

    January 5, 2009 11:25 am at 11:25 am |
  7. D-MI


    Right, because FDR's speeches- talking directly to the American people- had NOTHING to do with raising the morale of the country during the Great Depression...

    You right wingers are fun... you know nothing about history, and when you do, you completely misinterpret it...

    January 5, 2009 11:27 am at 11:27 am |
  8. John Galt in Colorado

    WHO JOHN GALT? Would someone please answer the question? Before it is too late......

    January 5, 2009 11:29 am at 11:29 am |
  9. Rajendra Ram

    SPREAD THE WEALTH!!!!!!!! I understand a lot of black people are quitting their jobs and apply for welfare with some excuses.

    January 5, 2009 11:40 am at 11:40 am |
  10. In Houston, TX

    Obama ran a national politcal campaign on hope. He won that election. And now, to this very day,the gop, the repblicans and the conservatives are HOPELESS.
    You conservatives have such a dire vision of the future now that your party has been voted out. You, who's policies have gotten us into the disasterous position we are in now predict doom if we take on opposing policies. And you do everything you can to crush the hope of the people that supported him. (i.e. "that's not the change I voted for")
    Well, let me tell you something. Just like the GOP campaign for the presidency, this will not work. Yes, Obama gives a good speech but it is the content of what he is saying that matters. And it is the content that you republicans willfully ignore and you wonder why the American people are getting away from you.

    January 5, 2009 11:40 am at 11:40 am |
  11. get real dude

    To: Patrick – Indianapolis

    Oh ye of little faith...you have not because you ask (Him) not. Some- times our prayers go un-answered because we ask amiss. I will give you particial credit though, faith without works is dead. [ What good is it, my brothers, if someone says he has faith but does not have works? Can that faith save him? If a brother or sister is poorly clothed and lacking in daily food, and one of you says to them, “Go in peace, be warmed and filled,” without giving them the things needed for the body, what good is that? So also faith by itself, if it does not have works, is dead. But someone will say, “You have faith and I have works.” Show me your faith apart from your works, and I will show you my faith by my works.] (James 2:14-18 ESV)

    January 5, 2009 11:41 am at 11:41 am |
  12. Lisa M

    How about you get that money back from the banks that you already gave to them. They obviously didn't use it appropriately and should return it.

    Next up. IF you must give someone a bail out. How about the American Taxpayer? Believe me the man on the street will do a great deal better with this money that the banks or the auto manufacturers will.

    What would you do with $25,000 for single or $50,000 for a couple?

    For a lot of people, this would pay off most of their debt. Give them a little for shopping( may be a new car!).

    Wouldn't this free up some credit and help the auto manufacturers?

    Trickle down doesn't work. It just pours into the corporate bigwigs' pockets.

    January 5, 2009 11:45 am at 11:45 am |
  13. Brian From Fort Mill, SC

    Former Obama Voter January 5th, 2009 9:46 am ET

    I don't want to get stuck with Biden if Obama is impeached or forced to resign… can we have a do over?
    In a word... No.

    January 5, 2009 11:45 am at 11:45 am |
  14. PoliticoMike

    It's in funny how all those were worried that Obama would be raising taxes and not do well with the economy and come to find out, the guy's plan includes 40 percent of tax cuts for all!

    Go eat it, McCain/Palin/Plumber!

    January 5, 2009 11:48 am at 11:48 am |
  15. New Yorker

    Brian from FM, SC – Yes God did say "Let there be light" but too often those in darkness want to shut it out. I hope you are not elevating Obama to the place of Messiah as some have done. There are those who don't trust him because he considers some important scriptures "obscure" and does not consider valid the rights of the unborn.

    January 5, 2009 11:48 am at 11:48 am |
  16. charlie in maine

    George Bush and his team thought that Government was the problem and worked to make it so,

    Barack Obaba and his team thiink that Government can help and will work to make it so.

    This is change I can believe in.

    PS If I were a Bush fan I would also think that speaches can't help. But as an Obama fan I know they can.

    January 5, 2009 11:49 am at 11:49 am |
  17. Brian From Fort Mill, SC

    RealityKing January 5th, 2009 11:02 am ET

    Tax cuts AND more spending!?

    Meet the new boss, same as the old boss..
    I would agree with you, except for one thing. The first "boss" created such a huge mess that the new "boss" has to clean up that mess first.

    And sometimes, cleaning up a mess is a messy job.

    January 5, 2009 11:52 am at 11:52 am |
  18. richard rohde

    Proud American set a new record using idiot 3 times in one quasi-sentence and spelled it correctly each time.

    January 5, 2009 11:55 am at 11:55 am |
  19. susie

    I thought Obama was going to sign the tax cut bill on Jan. 20th., why is he changing is mind?

    January 5, 2009 11:56 am at 11:56 am |
  20. sg

    In Houston TX – Obviously you're drinking Kool-Aid. The Wall Street Journal did a time line on the finacial mess we're in now and it points back to DEMOCRATS. Bill and Robert Rubin set the stage for this mess back in the 90's. If your party was so smart – Why didn't Barney Frank and Chris Dodd take the bull by the horns and fix everything when they came into power a few years ago?? They turned a blind eye to it and said everything is OK.

    January 5, 2009 12:01 pm at 12:01 pm |
  21. yellow dog democrat

    TO the poster(s) who continue to ask "who is John Galt" the following is taken from Wikipedia entry - all you gotta do is ask....\

    John Galt is the heroic main character in Ayn Rand's novel Atlas Shrugged. Although he is absent from much of the text, he is the subject of the novel's oft repeated question, "Who is John Galt?", and the quest to discover the answer.

    As the plot unfolds, Galt is acknowledged to be a creator and inventor who embodies the power of the individual. He serves as a counterpoint to the social and economic structure depicted in the novel. The depiction portrays a society based on oppressive bureaucratic functionaries and a culture that embraces the stifling mediocrity and egalitarianism of socialistic idealism. He is a metaphorical Atlas of Greek mythology, holding up the world.

    January 5, 2009 12:02 pm at 12:02 pm |
  22. Looking forward...

    W took us from the largest ever budget surplus to the largest ever debt. Let's hope we can recover from that leadership.

    January 5, 2009 12:03 pm at 12:03 pm |
  23. J.P..

    David of Silver Spring, MD wrote:
    "It is a fallacy perpetrated by Republicans that lower taxes mean better economy."

    Really? OK, so then you won't mind if the government taxes you at 100 percent? Basically, you'll work for free and give everything to the nitwits in DC to spend for you, since you seem to regard keeping more of YOUR OWN MONEY as a "bad thing."

    If you think government "'shovel ready' projects" are the only thing that moves our economy and keeps us all prosperous, I have to wonder why the government doesn't just hire ALLLLL of us? Right? The same government you derided under eeeeeeevil republicans is now the saving grace of humanity and suddenly now "employer" to us all... woo hoo! A government powerful to give you everything you want is also powerful enough to take it all away.

    Churchill once said a nation that attempts to tax its way to prosperity is akin to a man standing in a bucket attempting to lift himself up by the handle.

    January 5, 2009 12:07 pm at 12:07 pm |
  24. ARB


    January 5, 2009 12:09 pm at 12:09 pm |
  25. Mike, Syracuse NY

    @Brian, I suspect God has bit more talent than Obama.

    January 5, 2009 12:11 pm at 12:11 pm |
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