ScreamingEagle
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- Jul 5, 2004
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In remarks he made before his cabinet meeting today, President Obama acknowledged that the U.S. economy has improved, but also noted that it's still "got a long way to go." And after the unemployment rate increased to 9.4% in May, he pledged that his economic stimulus would end up saving or creating 600,000 jobs in the next 100 days.
More than anything else, Obama said that the most telling measure of economic progress would be if Americans are seeing progress in their own lives. "Our ultimate goal is making sure that the average family out there -- mom working, dad working -- that they are able to pay their bills, feel some job security, make their mortgage payments."
Republicans used Obama's announcement to criticize the stimulus. Todays announcement is an acknowledgement that the Democrats trillion-dollar stimulus is not working, and the American people know it," House Minority Leader John Boehner said in a statement.
"When they passed this spending plan, Democrats said it would immediately create jobs, yet nearly four months later unemployment has continued to climb and none of their rosy predictions have come true. These policies are harming middle-class families when they can least afford it, and adding to the massive debt were passing on to future generations."
RNC Chairman Michael Steele added, "Republicans want to work with the president to get our economy back on track, but the president seems intent on promoting and adopting some of the most liberal and reckless government intervention economic policies we have ever seen.
Obama, GOP clash over the stimulus - First Read - msnbc.com
More than anything else, Obama said that the most telling measure of economic progress would be if Americans are seeing progress in their own lives. "Our ultimate goal is making sure that the average family out there -- mom working, dad working -- that they are able to pay their bills, feel some job security, make their mortgage payments."
Republicans used Obama's announcement to criticize the stimulus. Todays announcement is an acknowledgement that the Democrats trillion-dollar stimulus is not working, and the American people know it," House Minority Leader John Boehner said in a statement.
"When they passed this spending plan, Democrats said it would immediately create jobs, yet nearly four months later unemployment has continued to climb and none of their rosy predictions have come true. These policies are harming middle-class families when they can least afford it, and adding to the massive debt were passing on to future generations."
RNC Chairman Michael Steele added, "Republicans want to work with the president to get our economy back on track, but the president seems intent on promoting and adopting some of the most liberal and reckless government intervention economic policies we have ever seen.
Obama, GOP clash over the stimulus - First Read - msnbc.com
