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IPFS News Link • Obama Administration

Obama: Catastrophe Coming If Stimulus Not Passed

President Obama said Wednesday the recession will turn into "a catastrophe" if the economic stimulus is not passed quickly, lobbying anew for the plan as its price tag climbed above $900 billion and drew more criticism.

2 Comments in Response to

Comment by Richard Stone
Entered on:

The sky has already fallen, throwing money at it can not fix it. Wake up! Wake up! Wake up! Isn't it time that we quit rewarding the people that got us into this mess? Haven't the people that got him elected been paid back enough ? Why not just start handing out money printing presses and get it over with?

Comment by Powell Gammill
Entered on:

The beauty of this position is the catastrophe is coming whether they pass this bailout bill or not ... passing maybe just delays it. And when it hits, if any such bailout was in the works...and they are 24/7 now for some reason... then CONgress, or whomever can be blamed for holding up the rescue: "It's their fault!"