FIRST ON CNN: Obama to make statement on economy Friday
November 8th, 2012
06:15 PM ET
7 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. RogerE

    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.

    November 8, 2012 11:53 pm at 11:53 pm |
  2. Name concern1

    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

    November 8, 2012 11:58 pm at 11:58 pm |
  3. Dilyah

    Our Prayers are with you, Mr. Prez

    November 9, 2012 12:05 am at 12:05 am |
  4. B

    Speak and not lead? Sounds familiar.

    November 9, 2012 12:15 am at 12:15 am |
  5. Name slugger

    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.

    November 9, 2012 12:33 am at 12:33 am |
  6. kent

    this will be hard !

    November 9, 2012 01:02 am at 1:02 am |
  7. copper

    Stop borrowing money in spending so much

    November 9, 2012 01:39 am at 1:39 am |
  8. migeli

    Hopefully he says we are going to tax the hell out of the greedy billionaire traitors.

    November 9, 2012 02:03 am at 2:03 am |
  9. Bashka nuur

    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".

    November 9, 2012 02:11 am at 2:11 am |
  10. Philip

    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!

    November 9, 2012 02:13 am at 2:13 am |
  11. Rob

    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.

    November 9, 2012 02:20 am at 2:20 am |
  12. josh rogen

    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.

    November 9, 2012 02:42 am at 2:42 am |
  13. memyselfundI

    Ohhh, he is going to make a statement... well I feel a lot better now.

    November 9, 2012 02:45 am at 2:45 am |
  14. NameKingsley Keinde Adebisi

    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.

    November 9, 2012 03:01 am at 3:01 am |
  15. Not my fault

    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....

    November 9, 2012 03:07 am at 3:07 am |
  16. paxpopulus

    Its not about the economy he is going to announce the exsistance of alien life and that we made contact

    November 9, 2012 03:10 am at 3:10 am |
  17. Scott

    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?

    November 9, 2012 03:27 am at 3:27 am |
  18. surfingJerry

    The action we needed to take was to elect someone else.

    November 9, 2012 03:30 am at 3:30 am |
  19. rc

    Do those actions include resigning and letting someone else with more fiscal responsibility take over?

    November 9, 2012 04:17 am at 4:17 am |
  20. Robert

    I can't wait. How exciting. More words from the failed one.

    November 9, 2012 04:23 am at 4:23 am |
  21. Big Pete

    "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".
    -The Antichrist.

    November 9, 2012 04:26 am at 4:26 am |
  22. Royce

    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....

    November 9, 2012 05:00 am at 5:00 am |
  23. Obama-Bin-Lyin

    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.

    November 9, 2012 05:09 am at 5:09 am |
  24. Jerry

    Here we go, round two of blaming others.

    November 9, 2012 05:09 am at 5:09 am |
  25. DT

    Thats why I have HBO

    November 9, 2012 05:11 am at 5:11 am |
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