Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Obama: Economy "a big problem, and it's going to get worse"
Yahoo! News ^ | December 7th, 2008 | Jonathan Martin

Posted on 12/07/2008 9:44:48 AM PST by rightwinggoth

CHICAGO – President-elect Barack Obama braced the country for more tough times Sunday, saying twice in an interview that the nation’s already dismal economy would continue to worsen in the months ahead.

Obama, speaking to Tom Brokaw on NBC’s “Meet the Press,” used some of his starkest language yet to underscore the severity of the challenge he’ll face upon taking office next month.

“If you look at the unemployment numbers that came out yesterday, if you think about almost 2 million jobs lost so far, if you think about the fragility of the financial system and the fact that it is now a global financial system so that what happens in Thailand or Russia can have an impact here, and obviously what happens on Wall Street has an impact worldwide, when you think about the structural problems that we already had in the economy before the financial crisis, this is a big problem, and it's going to get worse,” he said in the interview taped Saturday.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: 111th; bho2008; bhoeconomy; bhostimulus; economy; illegalpresident; obamatransitionfile
Navigation: use the links below to view more comments.
first previous 1-2021-4041-46 last
To: riri

At Victoria’s Secret, there are 4 checkers and each line had 4 people waiting


41 posted on 12/08/2008 7:04:41 AM PST by mel
[ Post Reply | Private Reply | To 10 | View Replies]

To: Waco

Aren’t they already newsreaders


42 posted on 12/08/2008 7:05:24 AM PST by mel
[ Post Reply | Private Reply | To 14 | View Replies]

To: chris_bdba

What about the lady who is going to have her car payment made for her. LOL


43 posted on 12/08/2008 7:41:46 AM PST by mel
[ Post Reply | Private Reply | To 17 | View Replies]

To: wtc911

That is why he had to get Clinton people back in, he knows he is smoke and mirrors. He will do and say what is told to him.


44 posted on 12/08/2008 7:43:55 AM PST by mel
[ Post Reply | Private Reply | To 26 | View Replies]

To: Son House

The “health” or “growth” of the economy is a non-issue to leftists.

CONTROL over your life, spending, and choices is the issue.


45 posted on 12/08/2008 7:46:14 AM PST by MrB (The 0bamanation: Marxism, Infanticide, Appeasement, Depression, Thuggery, and Censorship)
[ Post Reply | Private Reply | To 18 | View Replies]

To: Son House

It’s not (so much) that Bush didn’t cut taxes enough,

it’s that they’re scheduled to go back up in two years.

This is what is driving the downturn.


46 posted on 12/08/2008 7:47:44 AM PST by MrB (The 0bamanation: Marxism, Infanticide, Appeasement, Depression, Thuggery, and Censorship)
[ Post Reply | Private Reply | To 31 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-46 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson