More Money Needed

Economy Tax Obama warns of dire consequences without stimulus.

by The Associated Press

Published: Thu, January 08, 2009 - 8:30 am CST Last Updated: Thu, January 08, 2009 - 8:32 am CST

WASHINGTON (AP) - President-elect Barack Obama says that without
big-time federal stimulus dollars now, the nation's recession could
go on for years.
In a speech set to be delivered today at Virginia's George Mason
University, outside Washington, Obama is making his highest-profile
case yet for a stimulus plan.
Obama says there's still time to change course but without
"dramatic action as soon as possible," it may become too late.
Obama says a worst-case scenario could include double-digit
unemployment and $1 trillion in lost economic activity that recalls
the days of the Great Depression.
It's the fourth day in a row that Obama has made a pitch for a
huge infusion of taxpayer dollars to revive the sinking economy.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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myopinion Says:

Thu, Jan 08, 2009 at 9:41 am

We as American’s have to own up to our own financial mistakes. You can’t just keep rewarding companies and people with a carrot. I believe Osama bin Laden planned this demise of America. Strike the U.S., and we will end up in a long war which will deplete our government funds. Just my opinion.

bobcat Says:

Thu, Jan 08, 2009 at 9:16 am

Why not just make it a gazillion or maybe even 2.7 Jagiellon.

This man is going to kill us one way or another.