President Barack Obama Commends The Progress the Senate Made
WEEKLY ADDRESS
The White House
Saturday, February 7, 2009
Yesterday began with some devastating news with regard to our economic crisis. But I'm pleased to say it ended on a more positive note.
In the morning, we received yet another round of alarming employment figures – the worst in more than 30 years. Another 600,000 jobs were lost in January. We've now lost more than 3.6 million jobs since this recession began.
But by the evening, Democrats and Republicans came together in the Senate and responded appropriately to the urgency this moment demands.
In the midst of our greatest economic crisis since the Great Depression, the American people were hoping that Congress would begin to confront the great challenges we face. That was, after all, what last November's election was all about. Continue reading »
Obama Moving Forward In Weekly Address To America
In this week's address, President Barack Obama urged the swift passage of an American Recovery and Reinvestment Plan and announced that Treasury Secretary Timothy Geithner is preparing a new strategy for reviving our financial system. January 31st, 2009
ADDRESS OF THE PRESIDENT
TO THE NATION
January 31, 2009
This morning I'd like to talk about some good news and some bad news as we confront our economic crisis.
The bad news is well known to Americans across our country as we continue to struggle through unprecedented economic turmoil. Yesterday we learned that our economy shrank by nearly 4 percent from October through December. That decline was the largest in over a quarter century, and it underscores the seriousness of the economic crisis that my administration found when we took office.
Already the slowdown has cost us tens of thousands of jobs in January alone. And the picture is likely to get worse before it gets better.
President Barack Obama’s Full Inaugural Address & Transcript
My fellow citizens: I stand here today humbled by the task before us, grateful for the trust you've bestowed, mindful of the sacrifices borne by our ancestors.
I thank President Bush for his service to our nation -- (applause) -- as well as the generosity and cooperation he has shown throughout this transition.
Forty-four Americans have now taken the presidential oath. The words have been spoken during rising tides of prosperity and the still waters of peace. Yet, every so often, the oath is taken amidst gathering clouds and raging storms. At these moments, America has carried on not simply because of the skill or vision of those in high office, but because we, the people, have remained faithful to the ideals of our forebears and true to our founding documents.
