...
...
Next Story

Economy getting sicker: Obama

US President Barack Obama warned on Thursday the US economy was getting sicker every day, injecting another jolt of urgency into his calls for Congress to pass his huge stimulus bill.

Updated on: Feb 05, 2009 11:08 PM IST
Advertisement

US President Barack Obama warned on Thursday the US economy was getting sicker every day, injecting another jolt of urgency into his calls for Congress to pass his huge stimulus bill.

HT Image
HT Image

He also called on lawmakers to bridge old partisan divides and line up behind the 900-billion-dollar package, in another veiled shot at Republicans who are opposed to significant parts of the bill.

“By now, it’s clear to everyone that we have inherited an economic crisis as deep and dire as any since the days of the Great Depression,” Obama said in an opinion article in The Washington Post. “Millions of jobs that Americans relied on just a year ago are gone — millions more of the nest eggs families worked so hard to build have vanished.”

Obama heaped more pressure on Congress to pass the bill, as wrangling on its contents went on in the Senate amid more grim economic data. “Every day, our economy gets sicker — and the time for a remedy that puts Americans back to work, jump-starts our economy and invests in lasting growth is now,” Obama wrote.

 
Get the latest headlines from US news and global updates from Pakistan, Nepal, UK, Bangladesh, Russia and US Iran war Live, get all the latest headlines in one place on Hindustan Times.
Get the latest headlines from US news and global updates from Pakistan, Nepal, UK, Bangladesh, Russia and US Iran war Live, get all the latest headlines in one place on Hindustan Times.
SHARE THIS ARTICLE ON