Friday, January 9, 2009

President-elect Obama calls for laying the groundwork for a 21st century economy

President-elect Obama calls for laying the groundwork for a 21st century economy

President-Elect Barack Obama today delivered a stark warning about the state of America’s economy in a speech clearly aimed to rally public and political support to get a massive stimulus and economic re-orientation policy in place ASAP.
He called for laying the groundwork for a sound 21st century economy — but the real, hard-nosed question now will be: if the political and financial systems failed all these years to fix the problem will Obama run smack, dab into the “realities” that the political system is still geared to the 20th century? And there are signs that Obama may have some work to do in winning over his some members of his own party.

Here’s a video of his speech today:

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