In Cautious Tone, Obama Hypes Improving Economy

By BET.com published on Monday, August 3, 2009 and is filed under Nation. You can follow responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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In his weekly address this past weekend, President Obama moved his attention away from hammering the need for health care insurance reform (as he has over the past few weeks) to talking about the economy. With a slipping approval rating, the President finds himself in a tricky spot. How does he celebrate the improving economy without coming across as out-of-touch to a public still largely suffering the blows of the recession? “Yesterday, we received a report on our Gross Domestic Product (GDP),” he said, “that’s the measure of our overall economic performance. The President pointed to how his American Recovery Act contributed to the small but important improvements in the economy. We have begun to see how programs like his stimulus plan, he said, have put the brakes on the recession and led to the progress we’re seeing. The President also warned that there are still necessary steps to take the ease the financial pains a lot of Americans are experiencing. He left on a high note, though, assuring Americans that if we take all the right steps, “the storm will pass” and we’ll see a brighter economic outlook in the near future.

Video: Watch the President’s Weekly Address

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