Obama: Economic crisis 'not as bad as we think'Using the politics of fear to sell his socialist agenda fooled the people a few weeks ago, but they won't be fooled a second time - and Obama knows this. It's difficult to convince people that across the board tax increases (in the form of higher energy costs) are good when the economy is still in the tank, so Barry has (prematurely) declared "Mission Accomplished" regarding his infant stimulus bill.
Mar 12 06:49 PM US/Eastern
By JIM KUHNHENN
Associated Press Writer
WASHINGTON (AP) - Confronting misgivings, even in his own party, President Barack Obama mounted a stout defense of his blueprint to overhaul the economy Thursday, declaring the national crisis is "not as bad as we think" and his plans will speed recovery.
Challenged to provide encouragement as the nation's "confidence builder in chief," Obama said Americans shouldn't be whipsawed by bursts of either bad or good news and he was "highly optimistic" about the long term.
The president's proposals for major health care, energy and education changes in the midst of economic hard times faced skepticism from both Democrats and Republicans on Capitol Hill, as senators questioned his budget outlook and the deficits it envisions in the middle of the next decade.
Barry - You own it.
ARC: St Wendeler