Obama urged Americans not to panic over the faltering economy, saying “there are better days ahead” — especially if he is elected president. He acknowledged public anxiety over the financial crisis in starker terms than usual.
“We meet at a moment of great uncertainty for America,” he said. “But this isn’t a time for fear or panic. This is a time for resolve and leadership. I know that we can steer ourselves out of this crisis.”
“America still has the most talented, most productive workers of any country on Earth,” Obama said. “We’re still the home to innovation and technology, colleges and universities that are the envy of the world. Some of the biggest ideas in history have come from our small businesses and our research facilities.”
Obama praised the Federal Reserve and other leading central banks for cutting interest rates Wednesday. “I support that action,” he said. “This is a global problem and it needs to be solved through a global effort.”
He again vowed that only those making more than $250,000 a year would see higher taxes under his administration, and 95 percent of Americans would receive tax cuts.
He promised to spend $15 billion a year “in renewable sources of energy to create 5 million new, green jobs over the next decade.”
0 Replies to “Barack Obama”