Obama Administrations New Direction In Afghanistan
President Obama lays out his plans for a comprehensive and regional approach to Afghanistan and Pakistan, from military support to developmental aid.
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.