(CNN) - Three days after being re-elected, President Barack Obama will deliver a statement on the economy Friday, two administration officials said Thursday.
The 1:05 p.m. ET statement in the East Room will serve as an opportunity to address some of the big issues that Washington will tackle in the next few months - including staving off the so-called fiscal cliff - and to outline his priorities moving forward.
An official schedule released by the White House Thursday said the statement would address "the action we need to take to keep our economy growing and reduce our deficit."
We need a different financial system where money is not created by private banks. Nothing will change unless we change system, tell the truth, and be courageous. You can't cut spending without hurting millions of people. A one billion dollar cut is equivalent to losing 20,000 jobs that pay $50,000 a year. You cannot do anything without a consequence. The Republicans do not have a solution that is any better than the Democrats.
Excellent start!...make sessions with the house and senate totally transparent concerning the economy....televised, if we have house members that aren't willing to work for solution, let it be known...voters deserve to see who's helping or hindering the process...let us see who's throwing the rock and hiding their hand
Our Prayers are with you, Mr. Prez
Speak and not lead? Sounds familiar.
Sorry Barry! The working middle class and investors have very little faith in your ability to lead this country economically. Your policies are way too liberal and Show no eceonomic responsibility. You and Your free spending ways will drive this country into receesion and worse ...Depression.
this will be hard !
Stop borrowing money in spending so much
Hopefully he says we are going to tax the hell out of the greedy billionaire traitors.
Obama is amankind he cann't do anything ,because of his objective are health and economic to keep and regulate USA And others so that we now about market condition or market change with change with policy of the country that is why i said already "obama is amankind".
Please hurry, time is truly of the essence. Declare a state of emergency if need. Do not wait for help from the Republicans, for they are in no mood to help!
All he does is talk. I have a feeling he will be a highly quoted President that history chooses to remember as something other than what he really was..
Stop talking and actually do something. It's already been 4 years.
he'll lay out some vague vision, then wait for a photo op after everyone else comes up with a solution. now that he doesn't have to face the voters again maybe he'll be more flexible.
Ohhh, he is going to make a statement... well I feel a lot better now.
This is the right approach judging from the voice of Americans inspite of the fact that it was a minus but still prefer him. I wish America the best in solving this grave economic issue.
A lot of victims from hurricane Sandy are still waiting for help.....600,000 still have no electric, no gas to go places, and no work........How come FEMA closed its Offices Tuesday for Election day and again Wednesday for the Nor'easter..., Your people who elected you need answers....
Its not about the economy he is going to announce the exsistance of alien life and that we made contact
I cannot believe that Obama is going to speak about "growing the economy" or "reducing the deficit." Is his 1:05 statement going to air on the Fiction Channel?
The action we needed to take was to elect someone else.
Do those actions include resigning and letting someone else with more fiscal responsibility take over?
I can't wait. How exciting. More words from the failed one.
"No man will ever tackle such Economic problem,only computer technology that keeps Revolutionizing without anything or anyone stopping it.I make your life easy, I'm your creation and destruction.I will solve all your problems and solve all Earth problems, only I".
I'm guessing the price of gold soars after his comments. I'm heading out to the brokerage in a couple of hours to place the bet. Already made a killing on gun manufacturing......thanks Mr. Obama. I didn't vote for you but you've really helped my bottom line in the past 4 years. Cheers....
Why listen? Obama is a chronic liar. I don't believe a damn thing the man says. It's time to stop talking the talk and start walking the walk.
Here we go, round two of blaming others.
Thats why I have HBO