Wednesday, January 28, 2009

Obama Says Not a ‘Moment to Spare’ on Stimulus Plan

By David Stout


We’ll invest in what works,” the president said after what he called “a sober meeting” with prominent business executives at the White House to discuss not just the immediate economic crisis but the ability of America to compete in the global marketplace in the 21st century.
Hours before the House was expected to approve his proposed $825 billion program, largely along partisan lines and in the face of heavy criticism, Mr. Obama tried to convey his message far beyond the corridors of the Capitol and into boardrooms and living rooms. The future of the American economy rests less in his hands than it does “with American companies and workers,” Mr. Obama said.
“They are the ones whose efforts and ideas will determine our economic destiny, just as they always have,” the president said. “For in the end, it’s businesses, large and small, that generate the jobs, provide the salaries and serve as the foundation on which the American people’s lives and dreams depend.”
Posted by Chaoran Hu

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