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Obama Warns of Consequences Without Stimulus

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Uploaded by on Jan 8, 2009

President-elect Barack Obama warned of dire and lasting consequences if Congress doesn't pump unprecedented dollars into the economy, making an urgent pitch Thursday for his mammoth spending proposal in his first speech since his election. (Jan. 8)

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  • Yeah, but doing nothing is the cure. We have to embrace the recession because it will force us to produce and save again. Government is not the answer(contraire to what he says later in this speach). Government was the cause of this issue along with borrowing and spending. Government,spending, and borrowing won't get us out. Obama will worsen this problem however with more intervention. Our dollar is going to be nothing when he is done and we will suffocate in our own inflation.

  • There are 100 pages devoted to health care. Rationing systems are being snuck in the back door with this bill. It would be tilted against the elderly and disabled. What happened to TRANSPAERENCY?

    It is unconstitutional to give so much power to the government on such personal matters. She said that rationing systems are being snuck in the back door with this bill. It would be tilted against the elderly and disabled.

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  • @spasmaticcontortion amen! The only thing free in America anymore is a prison cell.

  • Consequences like double the unemployment rate? Oh that happen AFTER your failed stimulus package. Prosperity does not come from the gov't.

  • the thing is..the government CANT fix the problem because the govt is the problem. Too much intervention, too many taxes, too many regulation.

    What makes a successful economy is so fucking simple its pathetic. We need production or something to export and jobs come from that. thats it

  • yeah its pretty sad huh?

  • Say hello to a "BLACK" Jimmy Carter. Three more years of FAILURE and blaming BUSH. When Obama stumps his toe, I'm sure BUSH is to blame somehow.

    How is the HOPE and CHANGE working for us now??????? I HOPE I have enough CHANGE to buy food this week.

  • IF WE DON"T PASS MY STIMULUS THE FOLLOWING WILL HAPPEN.

    We did pass his stimulus that they renamed to "recovery act" because they knew what it was REALLY intended to do. Recover the lost years that DEMS missed on expanding government..

    1. unemployment might top 8% if stimulus was not passed, we are now above 10% --- FAIL

    2. more USA companies will fail if stimulus was not passed, take a look at the empty office space that have been vacated since.---FAIL

    3 foreclosures still going -- FAIL

  • Sad but true. Obama is just another typical politician, no matter what the Kool-aid drinkers claim.

  • This is amazing. Obama predicted everything exactly as it happened.

  • Regardless of what haters say, Obama is still 100 times smarter than the average American.

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