Last night, President Obama claimed that he has succeeded in halting economic decline:
WASHINGTON — President Barack Obama said Wednesday night that Medicare and Medicaid are the “biggest driving force behind” massive federal deficits, and must be tamed as part of any health care legislation. At a prime-time news conference marking six months in office, Obama said health care legislation was key to a strong economic recovery, and he added, “If we do not control these costs, we will not be able to control our deficit.” The president noted he took office with the economy in the worst recession in half a century. “As a result of the action we took in those first weeks, we have been able to pull our economy back from the brink,” he said.
Here’s the video of his opening statement:
Back from the brink, huh ?
I guess that means this we’ll see Obama making his economic speeches from new venues:
H/T: No Runny Eggs (for the graphic)
