Meanwhile J-O-B-S: Obama's Spelled Plan Inspires Fall Street back into Wall Street
The Democratic nominee laid out his economic plan today in Toledo, Ohio(or maybe not), the markets went up massively today, and the Asian markets are surging as Tuesday is in session on the other side of the world.
If Congress does not act in the coming months, it will be one of the first things I do as President of the United States," Obama said. "This plan will help ease those anxieties, and along with the other economic policies I've proposed, it will begin to create new jobs, grow family incomes, and put us back on the path to prosperity."
Obama then rolled out an argument about what we face ahead. "I won't pretend this will be easy or come without cost," he said. "We'll have to set priorities as never before, and stick to them."
As many observers have noted, Obama faces a choice: Whether to strike optimistic tones about our future that might play well politically, or to address our future more realistically and hence make it easier to govern. Today Obama tacked towards the realistic, and used that to pivot on to another attack on Bush.
"George Bush has dug a deep hole for us. he said, in an ad-libbed line not in the prepared remarks. "It's gonna take a while for us to dig our way out."
He added:
"It's a serious challenge," he also said. "But we can do it if we act now, and if we act as one nation."
Optimistic realist. What this country needs.
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