February 15th, 2009
10:00 AM ET
12 years ago

'Things have not yet bottomed out,' Obama aide says


Watch John King's interview with White House Press Secretary Robert Gibbs.

(CNN) – While the White House basks in passage of the $787 billion stimulus package intended to jump start the nation’s sagging economy, a senior aide to President Obama is also sounding a note of caution about the immediate impact of the legislation.

“The President is focused on making sure that, that money gets out the door very quickly,” White House Press Secretary Robert Gibbs said Sunday on CNN’s State of the Union.

“Certainly the number of jobs that we’ve lost over just the last three months shows you that the economy is actually getting worse right now, not getting better. So I think it’s safe to say that things have not yet bottomed out. They are probably going to get worse before they improve.”

Gibbs also said the new president would continue his efforts to reach out to Republicans even though the massive stimulus bill received no GOP support in the House and only three Republican votes in the Senate.

“What you saw from this president is an unprecedented effort to reach out to Republicans,” Gibbs said. “You had the President drive up to Capitol Hill to meet with Republicans where they work. I think that was certainly unprecedented. This president has always worked in a bipartisan fashion. He will continue to reach out to Republicans. We hope that Republicans will decide they want to reach back.”

soundoff (27 Responses)
  1. lynn

    Wow here we go again with more excuses from the Obama side. Before the election it was elect me I will change the USA. Then after being elected it was things will take time to change and don't get your hope up America, he started letting America know he was maybe promoting too much campaign rhetoric. Now that he has his spending bill same routine this may not help us now, it may not do what we said we wanted it to do. When are our politicians going to start doing what those of us who voted for them, act in a way we tell them to and vote as we say for these bills? Most Americans said no to this bill yet it still passed. Until we take back control of our government and stop letting the government tells us how it will be and stop them from trying to socialize America, this country will never be great again. America is losing because the majority is not heard or they are drowned out by the media so others don’t hear the difference in opinions so they can make up their own mind. When is the media going to start doing their job again and report fairly on these elected officials? The media shouldn’t be electing our government that’s the responsibility of the citizens. The media used to be the fourth branch of government with truth and fairness now it’s in the tank for one person, so much for being fair and reporting all the opinions and facts.

    February 15, 2009 03:18 pm at 3:18 pm |
  2. j wood

    No time to read the bill but Democrats believe it is "perfect."

    They signed it anywam. Where is the transparency? The Obama pledge was to have everything out in the opening and yet they did not provide a pdf copy to read instead expected everyone to read the 700+ pages in 24 hours. I am not impressed or pleasem. Those who voted for Obama did not give him a blank check

    February 15, 2009 09:20 pm at 9:20 pm |
1 2