Saturday, December 5, 2009

Obama Promises To Put More Americans Back To Work

Obama has recently pledged on his weekly radio and internet address that he will focus every single day on building the economy and putting people back into more productive jobs.

The President will speak on Tuesday about the country's 10 percent unemployment rate despite the November's lower jobless rates.

There is definately a trend in the unemployment rate, but Obama is still not satisfied, which makes sense to the million Americans who have lost their job during the recession.

President Obama says his $787 billion stimulus plan prevented a possible collapse of the financial system or a potential second Great Depression.  But he says history shows that hiring is often slow to follow an economic rebound.

This is all good news, and it is definately a step in the right direction as we can now see some progression out of the this awful recession. But health care is still a major issue in the economic plan that Obama plans to speak about at Capitol Hill on Sunday.

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