Obama: "We've rescued our economy from catastrophe."

Jillian Bandes | August 07, 2009 1:35 PM

Obama continued to make his case for why his $787 billion economic stimulus was working in a live press conference that broke the recovery plan into three parts. A third of the money has been for tax relief, he said, claiming that he has kept his promise that 95% of working families had not and will not see their taxes raised. A third of the money went to welfare, or "emergency relief for folks who have born the brunt of this recession." And a third went to public spending, or "vital investments that are putting people back to work today."

As we begin to put an end to this recession, we have to consider whats next...we cant return to an economy based on maxed out credit cards.

Obama and his administration have launched a series of press events in several states as his poll numbers have been slipping.

Obama: "We've rescued our economy from catastrophe."

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Trending on Townhall Media

CBP and ICE Chiefs Faced Off Against Unhinged Dems...and Some Said the Quiet Part Out Loud

Watch: Democrat Congresswoman Charged With Assaulting ICE Agents Goes Insane During Hearing

Swalwell’s Gotcha Question Backfires After ICE Director Drops a Truth Bomb on Him

Most Popular

This Congressman's Inquiry Into Bad Bunny's Explicit Performance Has the Libs Screaming

This GOP Governor Just Shot Down a Bill That Would Have Banned Biological Males From Womens' Spaces

While Her Senate Rivals Campaign Statewide, Haley Stevens Hides From Voters

Trump Is Set to Make the 'Largest Act of Deregulation in the History'