January 23rd, 2009
04:25 PM ET
7 months ago

Obama's week 1: Sales pitch begins

President Barack Obama and Vice President Joe Biden met with Democratic and Republican congressional leadership to discuss his stimulus proposal, trying to sell both sides on a plan that includes both tax cuts and massive spending efforts.
President Barack Obama and Vice President Joe Biden met with Democratic and Republican congressional leadership to discuss his stimulus proposal, trying to sell both sides on a plan that includes both tax cuts and massive spending efforts.

NEW YORK (CNNMoney.com) – After a call for "bold and swift" action on the economy in his first moments as president on Tuesday, President Barack Obama got right to work, maneuvering to reach a bipartisan agreement on his sweeping economic recovery plan.

On Friday, Obama and Vice President Joe Biden met with Democratic and Republican congressional leadership to discuss his stimulus proposal, trying to sell both sides on a plan that includes both tax cuts and massive spending efforts.

The president offered more detail on his plan to restore economic growth. He said he'd take a three-pronged approach to recovery: stabilize the financial system, fix market regulation and pass the stimulus plan.

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soundoff (127 Responses)
  1. Simmy

    I think some of the Republicans will be easier to work with than SOTH, Pelosi and SML Reid. They are becoming albatrosses.

    January 23, 2009 05:56 pm at 5:56 pm |
  2. no to corporate politics

    1. try reaching across the aisle (denial)
    2. threaten to veto (anger)
    3. sales pitch (bargaining)
    4. maneuvering (rationalization)
    5. proceed to cave in to DNC and corporations (acceptance)

    Isn't he just supposed to wave his hands and make magic?
    Oh right – that was THEN and this is NOW.

    January 23, 2009 05:59 pm at 5:59 pm |
  3. Kim J

    MADSALL, should we give him the same respect everyone gave Bush?

    January 23, 2009 05:59 pm at 5:59 pm |
  4. gl

    Enough of the hate. President Obama hasn't been in Office a full week and so many are trying to find fault in what he is doing. The mess we are in didn't happen overnight and it certainly will not be fixed overnight or in his first four years. If he did by chance solve alllllll the problems we face in his first four years (which I know he can't) there will be a group of people out there that will still not be satisfied. It is going to take money to get us out of this mess along with some deep cuts. Congress should stop trying to "flex" their muscles, if they have a better plan, lay it out on the table and stop bucking against everything. They knew in advance what the Presidents plan included and had time to come up with a better plan and as of this date I have yet to hear one.

    January 23, 2009 06:05 pm at 6:05 pm |
  5. Inependent in CA

    MADSALL January 23rd, 2009 5:06 pm ET

    I know it may be new to a lot of people, but there seems to be a very slow response to giving the President proper respect to address him as President Obama or President Barack Obama. There are so many that still refer to him as Barack Obama, but not President Obama. He is even constantly referred to sometimes as just Obama.
    Let's give this man the respect he deserves
    ___________________________________________________
    Oh yes because everyone who didnt like Bush still respected the office. Yeah right.

    January 23, 2009 06:07 pm at 6:07 pm |
  6. Tracey

    Obama is like a slick used car sales-man. I didn't buy a car from this guy. and it's unfortuanate that America did buy into his cheap sales pitch!

    He can't even talk without a teleprompter...uh, uh, uh, big mistake....

    January 23, 2009 06:07 pm at 6:07 pm |
  7. JL

    The campaign is over people....please plug into the GOP talking points machine and update your rhetoric to the 2009 version. Thanks.

    January 23, 2009 06:09 pm at 6:09 pm |
  8. proudliberal-independent

    jon in ca.
    3 of 5 of your complaints were campaign promises fulfilled. you should at least be considerate enough to give him a C. sounds more like you just want to whine.

    January 23, 2009 06:10 pm at 6:10 pm |
  9. kayla

    I believe that anything is better than what Bush did. after all he put us in this hole, A VERY DEEP HOLE.

    January 23, 2009 06:11 pm at 6:11 pm |
  10. Iamcrackingup

    No lobbyist on my staff, one day later, lobbyist being considered for staff position and staring down the reporter that "dare" ask the question, the audacity!

    Tax cheat in charge of the IRS, our soon to be Tresuary Secretary.

    Closing Gitmo, no more torture...well almost, loop-holes left for "other" intitites to use "different" methods if needed.

    Can't wait to learn the details of how they plan to spend a trillion dollars on our behalf. Does anyone else find it odd the most of that will kick in on the back half, 3 to 4 years from no, can we say re-election time?

    After one week my enthusiasm for Obama is gone, he is EXACTLY the same as all the rest of the politicians. On the flip side, guess that makes him just as good as any other. I personally am sick of ALL politicians, Democrat and Republican, none seem to have a moral code they ask of the American people.

    January 23, 2009 06:15 pm at 6:15 pm |
  11. Chris

    Matt, you said "YOU MISSED A PRONG: PROSECUTE THOSE WHO ABUSED THE FIRST $350B BAILOUT FOR FRAUD AND WHATEVER ELSE STICKS. THEY LIED TO AND STOLE FROM THE AMERICAN PEOPLE."

    The problem with that, Matt, is that there were no guidelines given to those who received the funds. Congress pushed that through so quickly that they forgot to make stipulations...

    January 23, 2009 06:17 pm at 6:17 pm |
  12. Shelley Bolds

    Madsell, I totally agree with you; where is the respect? He is now President Obama or Mr. President. I think it is totally disrespectful!

    January 23, 2009 06:17 pm at 6:17 pm |
  13. person

    I"f any of you democrats would take a few min and stop worshiping Obama and take some time to think objectively about what this package would or would not do for this country, you would realize that stimulus packages have been tried many many times in the history of this country, and THEY HAVE NEVER WORKED. By the time the government spends all this money, when we do come out of the recession, inflation will be so bad that you will be spending $10 – $15 for a loaf of bread."-------------------------------------------------------

    to the guy who wrote this above: what great solution do you have??? NONE!

    January 23, 2009 06:19 pm at 6:19 pm |
  14. Rick Roberts

    I still think that 100 days is not enough time. Let's be fair here, "W" took 8 years to put us in this mess, and now we are watching "O" for his first 100 days? If he gets it done in his "FIRST" four years I'd be thrilled. Let's be patient, he will get it done.

    January 23, 2009 06:19 pm at 6:19 pm |
  15. Here Piggy Piggy

    i am praying that it really DOES NOT include pork for pet projects. The last thing this nation needs is Democrats gone wild with the checkbooks.

    If Obama is going restore faith in the government and move forward with any credibility, there had better not be ANY pork in the bill as he promised. So far, I'm kind of thinking we may be stumbling around a little bit here in Washington. I didn't vote for him but I certainly pray he is successful in his attempts to turn this economy around. Nancy Pelosi needs to stop blaiming Bush with every other word. We know he messed up. There was a clear message already sent to the Republican party now Pelosi needs to start saying what she is FOR.

    The first thing Obama could do to restore faith in our financial markets is reinstate the uptick rule and get rid of all these ultra short ETF's.

    January 23, 2009 06:20 pm at 6:20 pm |
  16. Jan

    I think this has been a very productive week for President Obama. My question is why can't the media and reporters be consistent and respectful and call the president "President Obama" not Mr. Obama or Obama. And what about that comment "- it's good to have someone with rhythm in the White House. If your correspondents don't know what is and is not appropriate – get a consultant to teach them.

    January 23, 2009 06:23 pm at 6:23 pm |
  17. Tim from Eugene OR.

    The Republican solution seems to be more tax breaks for the rich. They act like President Obama has been in power for three years not three days. For six years they had control of everything and look where we are. If they are so concerned about the debt we are about to rack up, then let them show they are serious and demand criminal investigations for where the money that has already been wasted went. Won't happen, because they still want to give those same people the rest of the money. Republicans are just greedy, for the rich, and certainly not for Christ ideals. I think the Dems should ram what ever they want down this hypicrital Republicans noses. I thought the idea of letting the minority have a chance to come to the table with an equal chance to present thier ideas was a good one, before I started seeing them actually present the same old crap.

    January 23, 2009 06:24 pm at 6:24 pm |
  18. Ignored in GA

    Some of you people really need to chill out!
    It's Friday. Open a cold one, turn on TV Land reruns, and relax.

    January 23, 2009 06:26 pm at 6:26 pm |
  19. action

    why most of the media does not talk about the fake music on the inauguration day?

    It is not worth as a news? but if other country did this, it will become the headlines!!

    January 23, 2009 06:27 pm at 6:27 pm |
  20. Hammer

    Would be nice to find someone with the courage to really make change in Washington. None of the politicans there now will because they are all bought and paid for.

    January 23, 2009 06:30 pm at 6:30 pm |
  21. SG

    The "One" needs to revamp his recue plan. I'm hearing now that it won't put anyone to work until 2010. The white male construction workers won't be able to start work until 2011 – Maybe. It's obvious Wall Street thinks this plan is BS but then again what do these clowns know about creating jobs. Maybe the "O" can instruct us on how to intimidate banks into lending those of us out of work some money. He had no problem doing that for ACORN when he was a CO.

    January 23, 2009 06:38 pm at 6:38 pm |
  22. Matt

    @ Chris

    Basic criminal fraud and larceny don't require prosecution based on a violation of a particular section of the bailout legislation that dictated oversight and how it was to be spent. They said the bailout was necessary to solve the impending collap[se of the financial industry...all in order to induce the government to fork over $350B...then spent it in a manner that was not directed at solving the problem it for which it was meant. If you came to me and said you needed $5,000 for lung surgery and I agreed to give you $5,000 for lung surgery and then you went and spent it on a new TV, I could nail you for it in both tort and by filing a criminal complaint. Same thing here.

    January 23, 2009 06:38 pm at 6:38 pm |
  23. Jon in CA

    gl writes,

    "Enough of the hate. President Obama hasn't been in Office a full week and so many are trying to find fault ...."

    You, MADSALL, and the Obamas had better grow some VERY think skin. For 8 years conservatives incessantly listened to the carping, whining, and attacks against President Bush.

    Obama ran on his magical themes of healing the oceans, mending broken souls, and making unrealistic promises. WE will be here every day – pointing out the GLARING faults of this charlatan.

    January 23, 2009 06:38 pm at 6:38 pm |
  24. Eason

    No two people will agree coming from to walks of earth. You have to deal with what we have and make the best of it. In the end we all want to better ourselves or our familes. Everybody in America has a choice who's to say my choice is wrong or you to say you are right. Until we learn to all get along despite our differences, we will never have peace on earth.

    January 23, 2009 06:40 pm at 6:40 pm |
  25. Matt

    @ no to corporate politics

    Cute, but he WILL veto it, so your analogy is not apt.

    January 23, 2009 06:41 pm at 6:41 pm |
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