Read this online: New York Times reporter warns of one-term Obama
White House reporters for The New York Times predict that the market collapse will force President-elect Barack Obama to abandon for now many of his campaign promises.
If his stimulus plan "doesn’t work out, he may very well be a one-term president,” said Jeff Zeleny, who covered Obama’s campaign. “It’s hard to imagine that he could be reelected if the economy’s in the exact same position four years from now.”
Asked by Anonymous at 10:27 AM on Jan. 14, 2009 in Politics & Current Events
Answer by DusterMommy at 10:30 AM on Jan. 14, 2009
Answer by Anonymous at 10:33 AM on Jan. 14, 2009
Answer by Bearsjen at 10:34 AM on Jan. 14, 2009
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Answer by grlygrlz2 at 10:36 AM on Jan. 14, 2009
Answer by Fiveofakind2 at 10:41 AM on Jan. 14, 2009
Answer by momtokate at 10:54 AM on Jan. 14, 2009
Answer by grlygrlz2 at 11:16 AM on Jan. 14, 2009
Actually he said his plan could create 4 million jobs.. "President-elect Barack Obama said in his weekly radio address that his $775-billion economic stimulus package could create almost 4 million jobs." He also warned that not passing the legislation could result in an unemployment rate of 9 percent. Unemployment is already at 7.2 percent.
Last year saw almost 3 million jobs disappear, and Obama said doing nothing now could result in up to 4 million more people out of work.
Answer by ny.chica at 11:21 AM on Jan. 14, 2009
Obama said most of the jobs created by the proposed stimulus plan would be in the private sector.
"The jobs we create will be in businesses large and small across a wide range of industries. And they'll be the kind of jobs that don't just put people to work in the short term, but position our economy to lead the world in the long-term," Obama said Saturday.
He said the recession that began in 2007 could last much longer if Congress doesn't pass his plan.
Answer by ny.chica at 11:22 AM on Jan. 14, 2009
Next question overall
(Babies (0-12 months))
How do I help my 2month old have a BM more smoothly?