President Barack Obama says the economic slump is a “continuing disaster” for America’s families and says the country’s leaders can’t “drag our feet” on finding solutions for the ailing economy.
Obama then announced series of orders aimed at “leveling the playing field” for America’s workers.
Obama must strike a careful balance between stimulating the economy in the coming months and investing in the long-term future of the environment, said Raj Chetty, professor of economics at the University of California, Berkeley.
“If you spend money too quickly, you lose site of the long-term vision,” Chetty told CNN. “If you focus too much on the long term, you may not act on spending money.”
Framing his remarks with an eye on the recession, the president on Monday announced a plan for “a new energy economy that will build millions of jobs.”
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So why are Republicans resisting? Where is the bipartisanship?