Obama is holding his first prime time news conference. (Getty Images)
(CNN) - President Obama made the points he needs to make to the American public: If we don’t act now, this economic crisis will become a catastrophe.
He also made the philosophical point that tax cuts alone cannot solve this problem, as some Republicans suggest.
He conceded that we can't depend on government alone to solve the problems, but made the point that only government is large enough to solve the problems of this size.
poor dougie and other repukes...don't realize that a JOB regardless to whether it's public or private sector, is a JOB!!!!!
He is very good at this. I am very proud of our President.
soulstar....sorry I forgot that the republicans controlled the house and senate all 8 years and the top committees = not (just ask Dodd and Frank about the housing crisis. That is right, thet testified there was no such issue on multiple occasions). Yes the repub's spent lots of $. What we have here is another spendathon and everyone is screaming to let them do it and pointing to the last 8 years. If the last 8 years were so bad then you should be against more of the same. If all the $ in the bill was going to infrastructure and tax incentives for creating jobs it would be one thing but we are spending $ on growing government further which equates to a future need for even more $ to keep the treasury afloat. Is a stimulus needed? Yes. Is a pork bill needed? No.
I suggest you go and read the bill and where the $ is going before you just group everyone together that is against the bill as evil republicans.
Are you haters even listening? LISTEN...
to A120 > it's only pork when it doesn't benefit YOU!!
The President is obviously in his element in these press conferences, he shows his intelligence as he jumps from subject to subject. He did an excellent job of explaining his plan for the bill.
And he repeatedly handed the obstructionist repubs their collective heads on a platter.
He is correct, why should he accept any advice on the economy from the repubs, we KNOW where that has gotten us.
Tjaye, honey (well, since you called me sweety :P) -
Maybe if you weren't one of the millions that drank the Kool-Aid that Obama and the liberal MSM has been serving, you'd realize that he has no point. If he TRULY believed in transparency, he would publicly state what was in this bill and not try to hide behind the fact that there is more pork in this bill than Oscar Mayer serves in 5 years.
All the naysayers writing here never say what they would do to improve the economy. What do you think would happen to the country if we did nothing? Once the phone company became many companies, do you think the public ever got a bargain. Some are so afraid of controls and don't observe that without controls things never seem to work in our favor.
Some of the critics on this blog need to get together and form their own country where they are sooooooo good at being right! Gosh...Mr. Obama is trying to absolutely reasonable and intelligent in addressing a serious problem. Mr. Bush never used thoughtfulness and intelligence in addressing our nation. Republicans who don't like this stimulus just need to own up for the past 8 years of doubling our national debt and not holding banks, Wall Street, and Republicans responsible for doing the right things for America! I can't wait until most of the Republican voters actually start losing jobs and foreclosing on their homes, then I am sure they will be crying out the loudest for help! Get real! Quick!
TO YouIdiots – considering that the office staff in a construction company is typically two to five people, and they do not typically lay them off first, not sure why you think it is a valid point.....Let's create 50 specialized jobs and 2 or 3 other types of jobs, see my most recent post for a better solution....
rebublican mess of 8yrs,so shut up and let obama fix it.
Hey Matt i guess you could better then huh!!! tell you what why dont you run for office and take a crack at it and see how much of a communicator you are....good luck
I have been saying for YEARS that besides public safety, government should be tasked with one other thing: generating jobs. Jobs are the grease of humming economies. People without jobs must go on the dole to survive. People with jobs pay taxes. Good for government – good for us all. The President said the "bottom line" is to generate and keep 4 million jobs. Sounds like a plan to me!
Ok I'm with the idiots and the repubs, lets do nothing and see where this country goes. I may not agree with everything he has to say but doing nothing will get you nothing.
We gave the banks 350 billion dollars and we got nothing out of it, people are still being kicked out of their homes and losing jobs.
Who's going to fix it? How many times do you need to hear him say if you have a better plan lets hear it?
The problems we face are much greater than we would like to think. I have a job and I can tell you that times are tough for me, how do you think the man or woman with out a job feel?
I have a feeling that some people will never get over him being black or a dem and they will hate for that reason alone.
It's time to act, this is what the Government is for to help the people of it's country when they can't help themselves and we have proven that we can't fix this on our own.
Give the man a chance and if it does not work then you can say I told you so.
I have a feeling that in the end we will be the ones say YES WE DID...
President Obama Rocks....Take it to street! Keep pressing the issue to get the encomy back on track, people back to work and homes saved. That's all that's important. Thanks for staying course with the same message!
Gosh. These republican deadbeats come out in force to criticize and demean the president. These are very creepy people ... CNN should look in to these people. I see them every where on these blogs spewing hate and nonsense rhetoric.
Why doesn't the President take contol over the other $350B given to the banks. Banks received Millions... Billions with no direct responsibilites with that money. They should have given credit 25 times the money they received... Why not place the new restrictions on the old money given back in November?
Is anyone familiar with Chapter 11 which is under the bankrupcy court? Well simply a company has to have a plan to get out of the hole it is in. You have to present your case to the court. IF approved you then will be able to freeze all your debts, this freezes late charges. Goal is to increase sales and reduce expense and turn a profit. The profit pays off your bills. You cannot charge anything. If you do not have the money you cannot buy it. This is what the gov has to do.
That was just horrible. And to compare his performance to any of Bush's is laughable now, after watching that conference. At least Bush "answered" the questions. Nothing about the stimulus (which stinks), just shaky schools I guess...... OMG. And I voted for this?
Man, I miss Bush! Now all of you liberal Obama followers, continue with your comments about how I am not American because I do not worship our current president. I did not agree with everything Bush did but at least he stood up for what he felt was right no matter who he was dealing with at the moment. I wonder if Obama has any individual thought on anything. As for me, I am looking up for guidance. God has never let me down.
And don't forget, these jobs he wants to create, are government contract jobs, which means they EXPIRE after a period of time. They are not permanent.
People who are saying the bill is garbage should, suggest something better or just keep quiet.. Just picture Bush in Obama's shoes on that stage and advice your selfs...
In other words, we citizens hold some responsibilty in getting things off the ground....take that money out of your mattress and put some of it in the bank, buy a outfit or two, go out to eat with the Mrs., and give some spending money to the teens. Stop fearing.
I thought Obama did a good job explaining things. But if this country is a republic and promoting democracy, when will Obama STOP the "ballout/stimulus" ideas and open the discussion of when does this country become a socialist country from all the ballout and stimulus's.
WAH WAH WAH TOO MUCH PORK, TOO MUCH GOVERNMENT, OBAMA THE SOCIALIST, NEGATIVE COMMENT NEGATIVE COMMENT NEGATIVE COMMENT!!!!