February 9, 2009
Posted: February 9th, 2009 08:07 PM ET

WASHINGTON (CNN) – President Barack Obama used his first prime-time news conference to push Congress to approve his administration's economic stimulus plan, saying only the federal government can break the "vicious cycle" now gripping the U.S. economy.

Filed under: Obama press conference


Jeff Spangler, Arlington, VA   February 10th, 2009 12:38 am ET

The feds may be the spender of last resort now, but it is grandiose in the extreme to think or say that only Washington can fix a systemically illin' economy. Much more "change" is required and it must come from private enterprise and individuals, not Ivory Tower Ivy League types.

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