Obama's stimulus gambit
September 6th, 2011
07:46 AM ET
3 years ago

Obama's stimulus gambit

NEW YORK (CNNMoney) - Now is the time for action.

That's the message the White House is bringing to Congress as lawmakers return to work this week.

In a major speech Thursday night, President Obama is expected to argue that the government must do more to spur job growth, investment and economic expansion.

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Filed under: Congress • President Obama • Stimulus
soundoff (12 Responses)
  1. Fair is Fair

    The first stimulus did not work as promised, Mr. President. Why should we believe that MORE stimulus will do the trick this time? Do you have any OTHER ideas? Any other ace up your sleeve? What is your fallback plan, Sir?

    September 6, 2011 07:54 am at 7:54 am |
  2. marc

    Congress may be at a all time low but the President is suppose to be the leader that keeps the congress in line. He is suppose to install confidence in this country. Instead he has towed the line that has lead this country in the worst economic crisis since Jimmy Carter. If he wants to pull this election out he needs to follow Ronald Regans foot steps he took after replacing Carter. Regans policy's created 24 million jobs! We have to create 200,000 jobs per month just to keep up with the new people entering the job market everyday. That does not include the tens of millions of people that have lost their jobs. Mr. president you are three years into this mess and you can no longer blame it on the past president. Regan inherited a mess and took it by the horns. America begs you to do the same or step aside for someone willing to make the hard decisions.

    September 6, 2011 08:14 am at 8:14 am |
  3. Joe

    Another idiot spending plan
    Money we don't have
    Onama spends our money like a pimp

    September 6, 2011 08:21 am at 8:21 am |
  4. ConservaFASCISTS/TeaHadists/Tea Queda/TeaLiban

    Mr. President, it looks like you're going to have to tackle this problem on your own because the TEApublicans have no intention on helping you with ANYTHING.

    September 6, 2011 08:32 am at 8:32 am |
  5. AlaskaPalin

    Obama is the most watered down president ever! The man never fights for what he wants (ecept for abortion and homosexual marriage). He is like one of those heavyweight
    let downs who hypes the fight then do everything, except fighting, just to survive and get their payday. He is so predictable and safe that he becomes a boring opponent. He has no testecular fortitude!

    September 6, 2011 08:49 am at 8:49 am |
  6. bassman

    Compare the way our media treated Gov. Palin using crosshairs ( even though Democrats have also used them), and the silence after Hoffa's call for violence and I understand why she continues to slam the LSM.

    September 6, 2011 08:54 am at 8:54 am |
  7. A True Centrist

    Let's hear it Mr. President...how about another $1trillion because the last stimulus worked so well. What are you going to promise this time, we won't stay over 9% for another x months?

    Please, your administration (Christina Romer) promised Congress and the American people that we would not exceed 8% unemployment if the last stimulus passed. The result...failure! We went over 10% in Nov 2009 and have now seen unemployment over 9% for the longest stretch since the Great Depression. Your words no longer mean anything, and hopefully we can survive your last 15 or so months in office.

    September 6, 2011 08:55 am at 8:55 am |
  8. GI Joe

    When you're fighting a HELL NO CAUCUS that is NOT working for us but is working to put him out of office instead, things look bleak - If the republicans keep control of the House it will get even worse. They care ONLY about corporations getting their socialist subsidies and tax cuts. VOTETHEM OUT.

    September 6, 2011 09:03 am at 9:03 am |
  9. diridi

    Be strong, Obama. Press Congress, let this nation watch, and witness while you are stressing, and they are failing. It is a drama, we are witnessing. Get these banks, they are doing drama too, charging a lot of fee even for debit cards, etc.,, This is the time to spend money while economy is slow. On public transportation, Infrastructure, Education, Green Energy, Oil Independence, Etc., We should have had your regulations long time ago. Better late than never. Here, let me tell you, they nag, brag, and get elected, all these rich companies, that are going abroad, will take taxes and write offs, then come back, for a while, then they invest in "Foreign Nations for Cheap labor". Same old swan song. Do not let this happen. Be solid, strong, My vote for "Direct Democratic Ticket". Whoever does not matter, cat, dog, or Lizard on my fence....o.k, Focus on Nation's Education. Oil-Independence. Watch out, they may bring Religion....too to get elected......good luck, buddy....You need strong security at this juncture too....

    September 6, 2011 09:03 am at 9:03 am |
  10. Jan

    @ Joe, "I suppose you think Bush was better,Right Joe??? Being our education system downfall the last 11 years, "I can understand your "Lack Of" Try to keep your Lunacy at bay, your "Ignorance is "Quite Extreme" Obama 2012!!!

    September 6, 2011 09:07 am at 9:07 am |
  11. AlaskaPalin

    Please mr president, give us a fight! Don't try to meet us half way for with us its all or nothing! Please be the big spending; tax the rich democrat you are for we cannot allow you to be successful at this late hour so that you will win again. The american people are on our side the other people are on your side.

    September 6, 2011 09:10 am at 9:10 am |
  12. JOE

    Marc

    That's garbage. Ronald reagan never did create 24 million jobs or anything close to that figure. Yes, some of us actually look at statistics and facts and the reality is that Ronald Reagan Reagonomics and his massive military spending increased the national deficit by 207.8 billion dollars or 6% which is the highest since World War II. But I heard he was a darn good actor. After all, aren't all repugs just that, darn good actors?

    September 6, 2011 09:13 am at 9:13 am |