FIRST ON CNN: Obama to make statement on economy Friday
November 8th, 2012
06:15 PM ET
1 year ago

FIRST ON CNN: Obama to make statement on economy Friday

(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."


Filed under: Economy • President Obama
soundoff (153 Responses)
  1. marvls

    Was anyone surprised when the Dow plummeted on November 7th? Investors have no confidence in this clown and neither did 56 millions intelligent americans.

    November 9, 2012 05:17 am at 5:17 am |
  2. Name alex

    This is the time to support our president and stop the political nonsense. We need to act like grownups and deal with some serious issues. I believe the country will rise to the occasion.

    November 9, 2012 05:28 am at 5:28 am |
  3. ladyofthelake

    The leaders of the GOP led them off the political cliff. Will they now lead the nation off the fiscal cliff by insisting on the weird notion that taxes on the wealthy can only go down and NEVER up?

    November 9, 2012 05:34 am at 5:34 am |
  4. Harleigh Kiffer

    Will be interesting to listen to his speech today and discover how far he is willing to go to work with Congress for solutions. We have waited 4 years for him to do so but only results have been no progress toward any solutions. So the main question today is whether he remains all talk or is there finally any real substance that will lead to a solution.

    November 9, 2012 05:38 am at 5:38 am |
  5. Sagebrush Shorty

    He may talk but he won't say anything.

    November 9, 2012 05:40 am at 5:40 am |
  6. Anonymous

    I am very please with the outcome of the election,I love President Obama and his Family.Not everyone is please with the results,Trump calls it a travesty,I call it Victory,the Bible says:If God be for us,who can be Against Us.Congratulations to President Obama/Peace Be Still.Much Love.

    November 9, 2012 05:42 am at 5:42 am |
  7. fernace

    How can that be done if congress refuses to let the tax cuts for the 1% expire!? That has been the hold up for years now! The GOT-Party wants to cut poor peoples safety nets in order to keep the ultra-wealthy on the government "dole"! How backwards & unconscionable! I hope the President has something up his sleeve to get this job done finally, because holding the economy hostage for those who have more than they can spend in 10 lifetimes, at the expense of the rest of the country, is a travesty & there has to be reprecussions! Any 2 yr old can tell you that if you commit a "no-no," you have to take a time-out!!

    November 9, 2012 05:43 am at 5:43 am |
  8. AUSTIN ASIRIGWA

    We are proud of the president elect MR.BARRACK OBAMA for being elected the president of USA.

    November 9, 2012 05:46 am at 5:46 am |
  9. Commojoe

    More socialism, more socialism! I haven't been able to destroy the capitalist, unfair system we've prospered under for so long, but I'm trying!! Silly, sorry Bozobama.

    November 9, 2012 05:49 am at 5:49 am |
  10. Summer Evans

    Obama, We as a country, need to worry about us people that are trying to make a living for our kids, ourselves as us people. We are out here struggling, and it seems like we are not getting the help that we need.

    November 9, 2012 05:54 am at 5:54 am |
  11. Martin muhia

    Tell them Mr. President......

    November 9, 2012 05:54 am at 5:54 am |
  12. daniel

    Thanks God that we have a President who has been proven to lead us through a storm. He doesn't waste time to tackle an on going slow economic growth, and I am optimistic that he will handel it cleverly as usual.

    November 9, 2012 06:02 am at 6:02 am |
  13. PhoenixTom

    Don't worry. We'll take a few more dollars from Michael Moore, and a few from Donald Trump, and a few from Bruce Springsteen, and all our problems will be few.

    November 9, 2012 06:03 am at 6:03 am |
  14. Name:leonard

    The masses need greater deed from your administration than the last one.

    November 9, 2012 06:03 am at 6:03 am |
  15. Craig

    Bend over liberals, here it comes. Your dogma is about to get run over by your karma.

    November 9, 2012 06:11 am at 6:11 am |
  16. DaveFL

    Yak, Yak, Yak....Obama's speeches have done little if anything to boost our economy. Maybe if he spent less time reading a teleprompter and more time actually addressing the issues such as limiting federal spending or offering solutions to the budget being balanced other than the rediculous notion that raising taxes on the wealthiest 1% will solve the budget issue (it won't get us there), he would earn my respect. I think I'll choose to miss listening to another speech filled with the dems talking points and worthless rehtoric.

    November 9, 2012 06:13 am at 6:13 am |
  17. Laxraddad

    Here we go! Raise taxes on the rich! Unemployment will go up! Unless he can stop the spending, the bleeding of our society will continue! The next 4 years can't go past soon enough.

    November 9, 2012 06:18 am at 6:18 am |
  18. sid

    Now we'll see what he plans for the working middle class or if it was just bolony to help get him reelected. Cut middle class taxes like you promised , Right....

    November 9, 2012 06:19 am at 6:19 am |
  19. Satan

    Oh this should be great..... How many more trillion dollars do you want to spread osama?

    November 9, 2012 06:19 am at 6:19 am |
  20. Anonymous

    We hope that the President does not forget the promises made during the campaign as he seeks to work with the House Republicans. We Americans want compromise but not at our expense. The middle class is tired of paying for the political games. The priority needs to be the electorate.

    November 9, 2012 06:27 am at 6:27 am |
  21. Chris

    Congress, the pundents, et al need to leave their egos behind during this argument and learn to "play nice" and, god-forbid, COMPROMISE. This is way too important to us all to try and score political points now. In the immortal words of Jim Lovell: All right, we're not doing this, gentlemen, we're not gonna do this. We're not gonna go bouncing off the walls for ten minutes, because we're just gonna end up right back here with the same problems! Try to figure out how to stay alive!

    November 9, 2012 06:29 am at 6:29 am |
  22. Thomas mayeka

    Always to walk to the talk is better than talking the talk,so every created under strong plan with huge merits 4 future.

    November 9, 2012 06:33 am at 6:33 am |
  23. JerPell

    Obama please just SHUT UP!..You had a full 4 year presidential term to handle the economy and you failed miserably, idiot!

    November 9, 2012 06:34 am at 6:34 am |
  24. Justmee

    Enough "TALKING" ,,, IF you want to fix the economy do something about the price of GAS,Diesel, Heating OIL, K1 KERO and the like.. This would bring the economy back. For sure.. People would have more money..People would travel again. Mr. President please , please , please cap the price of fuel @ $1.25 during distress and $0.99 without it.. This $0.25 = BILLIONS of dollars to the oil companies.. Time to help the middle class Mr. President., We voted for you now please help us..

    November 9, 2012 06:37 am at 6:37 am |
  25. Andy Scott

    Wow four years later and Obama suddenly cares about the economy.

    November 9, 2012 06:38 am at 6:38 am |
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