What a difference a year or two make
From
USA Today - December 4th, 2009:
Obama puts renewed focus on job creation
Even before Barack Obama took the oath of office, his economic advisers projected that without hundreds of billions of dollars in government spending, the U.S. economy could lose another 3 million to 4 million jobs on top of the 3.1 million lost in 2008.
It turns out they were optimistic. Even with the $787 billion stimulus package that Obama signed in February, more than 4 million jobs have been lost in 2009, the worst year for job losses since World War II. The jobless rate that advisers projected would peak at 8% has topped 10%.
From
CNN - January 21st, 2010:
Obama to focus hard on economy after Democratic loss
President Obama already was planning to put a heavy focus on jobs and the economy in next week's State of the Union address, but his top aides are signaling that pivot is going to be even sharper in the wake of the Democrats' stunning election defeat in Massachusetts.
White House press secretary Robert Gibbs noted the president has been dealing with the financial crisis long before Tuesday's Senate race, but he acknowledged the administration could have done a better job of conveying that message to the public and will now redouble its efforts.
And from
Yahoo/Associated Press, December 22nd, 2010:
President Barack Obama says the economy will be his "singular focus" over the next two years.
He says the nation is past the "crisis point" in the economy, and that he'll now be working to bring down the jobless rate and equip the nation to compete with the rest of the world.
Obama told reporters at a Wednesday news conference that the government needs to be a "good partner" with the private sector, in getting rid of regulations that stand in the way of innovation. But he says the government also needs to make sure consumers, workers and the environment are protected.
Obama says the American people will hold both parties accountable for the impact of their policies on the economy.
Strong words are good -- makes it sound as though you are
in charge, eventually though, people are going to want to see some results. Six months would be fine but two years is a little long to be waiting...
Posted by DaveH at December 22, 2010 4:59 PM