Thursday, February 5, 2009

The Action Americans Need

Washington Post
By Barack Obama
Thursday, February 5, 2009

By now, it's clear to everyone that we have inherited an economic crisis as deep and dire as any since the days of the Great Depression. Millions of jobs that Americans relied on just a year ago are gone; millions more of the nest eggs families worked so hard to build have vanished. People everywhere are worried about what tomorrow will bring.

What Americans expect from Washington is action that matches the urgency they feel in their daily lives -- action that's swift, bold and wise enough for us to climb out of this crisis. . .

. . .In recent days, there have been misguided criticisms of this plan that echo the failed theories that helped lead us into this crisis -- the notion that tax cuts alone will solve all our problems; that we can meet our enormous tests with half-steps and piecemeal measures; that we can ignore fundamental challenges such as energy independence and the high cost of health care and still expect our economy and our country to thrive.

I reject these theories, and so did the American people when they went to the polls in November and voted resoundingly for change. . .

. . .So we have a choice to make. We can once again let Washington's bad habits stand in the way of progress. Or we can pull together and say that in America, our destiny isn't written for us but by us. . .

The writer is president of the United States.

Read President Obama's full editorial in The Washington Post
The President's Weekly Address
From CNNMoney:
In a sign that job loss is felt in every corner of the nation, unemployment rates rose in 98% of metropolitan areas across the country in December, according to a recent government report. The Labor Department reported that the unemployment rates in 363 of 369 metropolitan areas rose in December 2008, compared to the same month in the prior year. In November, 364 of 369 areas reported higher unemployment rates. According to the report, 168 areas reported jobless rates of at least 7%, compared to just 33 a year ago, and 40 areas reported rates that were higher than 10%.

Call both both Texas’ senators Kay Bailey Hutchison (R) and John Cornyn (R) and tell them you do not agree with their stand to filibuster (vote no on the cloture motion to end debate and allow a floor vote) President Obama's economic recovery plan!

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