I GET IT NOW IT'S THE ECONOMY STUPID 3 TIMES OVER

DRUDGE REPORT REMINDS US HOW THIS PRESIDENT "REALLY" CARES SO MUCH FOR US. WHEN THIS PRESIDENT IS SO FOCUSED IN "FUNDAMENTALLY TRANSFORMING AMERICA" DOES HE "REALLY" HAVE TIME TO WORK ON OUR BASIC SENSE OF WORTH? THUS FAR WE HAVE BEEN PROVIDED WITH NOTHING MORE THAN RHETORIC WITH NO ACTION AS HELPED AGAIN BY THE 111TH CONGRESS WHOSE LEGISLATION ARE BETTER DESERVING TO THOSE OF THE FEW WITHOUT BENEFITS TO THE WHOLE. WE ARE PAST THE SNOW JOB FROM THIS ADMINISTRATION.

– Wed Dec 22, 4:42 pm ET


WASHINGTON – President Barack Obama says the economy will be his "singular focus" over the next two years.
He says the nation is past the "crisis point" in the economy, and that he'll now be working to bring down the jobless rate and equip the nation to compete with the rest of the world.  (HELL YAH)


TODAY: Obama pledges 'singular focus' on economy...



January 21, 2010|By Ed Henry, CNN Senior White House Correspondent

President Obama already was planning to put a heavy focus on jobs and the economy in next week's State of the Union address, but his top aides are signaling that pivot is going to be even sharper in the wake of the Democrats' stunning election defeat in Massachusetts.


ONE YEAR AGO: 'Obama to focus hard on economy'...

WASHINGTON — Even before Barack Obama took the oath of office, his economic advisers projected that without hundreds of billions of dollars in government spending, the U.S. economy could lose another 3 million to 4 million jobs on top of the 3.1 million lost in 2008.

It turns out they were optimistic. Even with the $787 billion stimulus package that Obama signed in February, more than 4 million jobs have been lost in 2009, the worst year for job losses since World War II. The jobless rate that advisers projected would peak at 8% has topped 10%.

So in the midst of major decisions on Afghanistan, health care and climate change, the president today turns his attention back to a problem he tried to solve already — and one that's sure to dominate next year's elections, when his Democratic majorities in Congress will be at stake.

Obama convenes a summit here on jobs, then flies Friday to Allentown, Pa., for the first in what will be periodic listening tours on the economy. The goal is to develop new spending and tax proposals to help many of the nation's nearly 16 million unemployed people find work in 2010.

TWO YEARS AGO: Obama to put 'renewed focus' on economy...