FIRST ON CNN: Obama to make statement on economy Friday
November 8th, 2012
06:15 PM ET
2 years 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. Thomas mayeka

    Always to walk to the talk is better than talking the talk.Its resonable plans

    November 9, 2012 06:38 am at 6:38 am |
  2. Name cyril okpo

    Congrats my brother, the good Lord 'll be with u.

    November 9, 2012 06:39 am at 6:39 am |
  3. ConfucianScholar

    What economy?!

    November 9, 2012 06:40 am at 6:40 am |
  4. Richard Wad

    Statements are such driving forces of action.

    November 9, 2012 06:40 am at 6:40 am |
  5. Namepaul shafer

    This economic mess has to be corrected in very harsh and austere ways. tax increases and spending cuts must happen. we cannot continue to let the dollar slip against the yen and euro or huang. the 0% prime interest rate must rise. we cannot continue to print more money and junk bonds to get us out of this mess. unemployment may have to keep rising back to 9% and underemployment will continue to set records unless austere measures are taken.increasing sales taxes and gasoline taxes may help offset some of the fiscal issues.

    November 9, 2012 06:46 am at 6:46 am |
  6. 1_4eaglemeat

    "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." Bla bla bla ..Obama will go golfing.

    November 9, 2012 06:46 am at 6:46 am |
  7. Hugh G. Rexshun

    PLEASE stop news people, Obama, etc. from talking about the economy. They did not mention it for 4 years.
    Keep them talking about gay marriage, rape, bIack and women's issues, climate change, etc.
    DON'T LISTEN TO TALK ABOUT ECONOMY!

    November 9, 2012 06:52 am at 6:52 am |
  8. sellsword

    Hey that lamp behind him is nice!

    Think we should pawn it or put it on Ebay?

    November 9, 2012 06:57 am at 6:57 am |
  9. joe

    Less talk, more action please. Appreciate hearing the White house view, but let's see a forward moving discussion with key members of Congress so the job gets done. Having each side give Press conferences distracts the fact the holidays are coming and you need to stuff the Washington turkey with more tax payer time and money.

    November 9, 2012 07:01 am at 7:01 am |
  10. btxxx

    Apparently the economy is getting worse, gas prices are coming down. In his own words gas prices are low when people have little money and the economy is doing bad. So, gas prices are falling, guess we are doing worse now than when prices were 1.89 gallon.

    November 9, 2012 07:02 am at 7:02 am |
  11. WWRRD

    Just what we need. Another speech.

    November 9, 2012 07:04 am at 7:04 am |
  12. Jimmy

    Glad that Obama is addressing the economy and the deficit since he didn't do that the first four years.

    November 9, 2012 07:05 am at 7:05 am |
  13. jimsta

    Glad that Obama is addressing the economy and the deficit since he didn't address them in the last four years.

    November 9, 2012 07:07 am at 7:07 am |
  14. Felix Memba

    Obama is a worker. I have no doubt. Obama go go go!

    November 9, 2012 07:08 am at 7:08 am |
  15. alan fischer

    All is well

    November 9, 2012 07:11 am at 7:11 am |
  16. DMJ

    If Mitt Romney was sincere about wanting to help with the country's recovery, perhaps now, in the name of public service, he can reveal the details of his plans for taxes and jobs. The president strikes me as a very reasonable man, and I'm sure he would be willing to consider Mitt's plan... especially if it really allows for lower taxes, deficit reduction, and increased spending.

    November 9, 2012 07:12 am at 7:12 am |
  17. SugarKube

    Who believes a thing this liar says anymore. Watch sponge bob square pants, you will lean a lot more.

    November 9, 2012 07:12 am at 7:12 am |
  18. Mark

    Speak about how the stock market tanked the day after your election!

    Its over

    November 9, 2012 07:14 am at 7:14 am |
  19. Namemetron

    What is he going to say that he didn't already say 4 years ago? What a wasted effort.

    November 9, 2012 07:14 am at 7:14 am |
  20. Scott

    ...can't wait for another 4 years of responsibility avoidance. Now that we're in the 2nd term, the blame will shift from Bush to the Republican House.

    November 9, 2012 07:16 am at 7:16 am |
  21. liberal disease

    we are raising your taxes so start hiring...oK Barry right away...idiot

    November 9, 2012 07:22 am at 7:22 am |
  22. J791

    Oh, does Obama have worries about the 7 million unemployed workers and the 16 trillion dollar deficit? No, I think it's the lack luster stock market over the last two days...over 300pt drop Wednesday and over a 100pt drop on Thursday. Maybe his speech today will put the dow in the green...for at least one day.

    November 9, 2012 07:24 am at 7:24 am |
  23. dblogger

    For not agreeing to cut deficit S&P downgraded US's rating. Just after that congress passed 1 Trillion mandatory cuts over 10 years. Just by implementing 100 Billion cuts how is it going to cause Fiscal Cliff. Even if that is true, why rating companies talking about cut if the cuts are implemented.

    If you have say $100(either cash or credit) will you help one of your family member having hardtime or throw toilet paper on your neighbours yard whom you don't like.

    Discussion should be only where the cuts should come from both defense and welfare. It is up to the administration, congress can stay away.

    November 9, 2012 07:28 am at 7:28 am |
  24. WestVA

    "and to outline his priorities moving forward."

    Ummmm, shouldn't we as a nation required him to do that BEFORE the election?!? Of course not, what was I thinking. He can't do any wrong according to you liberals; you all better hope he does something, anything, better than he did his first term or you all are toast in the next election. The republicans learned something this go around and they are likely to nominate a young go getter that will eat the Democratic nomination up; especially if it is Joe Biden!

    November 9, 2012 07:29 am at 7:29 am |
  25. Anonymous

    Hope you that elected Obama are ready for more poverty and less money. You made your bed, now lie in it. . .

    November 9, 2012 07:32 am at 7:32 am |
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