"Obama upbeat on latest economic reports
WASHINGTON - President Obama said yesterday that reports that the economy is growing again and that more than 1 million jobs were saved or created by his stimulus plan show “we are moving in the right direction.’’
But he tempered his upbeat message with a cautious word about further job losses and progress yet to be made.... The government reported last week that the economy grew 3.5 percent from July through September, the first signs of growth in a year and unofficial confirmation that the economic slide that began in December 2007 is over....
Then why didn't you guys tell us for ten months, MSM?
Separately, the White House said Obama’s $787 billion stimulus plan - a mix of spending and tax cuts - had saved or created more than 1 million jobs....
See: How to Make the Stimulus a Success
Slow Saturday Special: Taxpayer's Take
Now it is up to a million, huh?
Economy must be growing at warp speed (leave the jobs behind as one does garbage)!
--more--"
WASHINGTON - As the prospect of double-digit unemployment looms, President Obama said yesterday the public and private sectors must find more ways to create jobs to continue the nation’s climb out of recession.
Obama said the economy has pulled back “from the brink’’ and he credited his $787 billion stimulus package for recent upticks in economic numbers, including reports out yesterday that show improvement in manufacturing, construction, and contracts to buy homes.
But he warned that job losses will probably roll on “for weeks and months to come’’ and called for bold, innovative action by his administration, Congress, and the private sector to create more well-paying jobs....
Which I wouldn't mind if he was serious.
“We just are not where we need to be yet,’’ Obama said as he met with a panel of economic advisers. “We’ve got a long way to go.’’
Mitt Romney, the former governor of Massachusetts, added to Republican criticism of the stimulus package, saying yesterday that the time has come to stop it because it has not worked as the administration planned....
Oh, I SEE!
