Policy: Economy

Obama: Economy is ‘back to where we were’

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Beltway Confidential,Charlie Spiering,Economy,Analysis

President Obama explained that the U.S. economy was back, during an address to his former campaign operation turned into a non-profit – Organizing for Action.

Obama reminded them that when he took office “the bottom had fallen out” of the national economy – citing rising inequality and middle class struggles.

“Now, the good news is over the last five years, we fought alongside people like Nancy Pelosi.  But most importantly, because of the grit and resilience and determination of the American people, we’ve been able to clear away the rubble and get back to where we were,” Obama explained.

Obama added that the economy was the most important item on his agenda – even though he noted that climate change, women’s rights, civil rights, and gun violence were still important.

Obama previewed his Wednesday speech which he revealed would be more “thematic” about how to make the economy stronger.

“I’m excited about the speech, not because I think the speech is going to change any minds, but because it gives us an opportunity to refocus attention on the thing that the American people sent me to focus on,” Obama said. “And some of the proposals that we’ve put forward are ones that are going to be very difficult to get through this Congress. Of course, everything is very difficult to get through this Congress.”

 

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