Economy
“Many Americans have lost their jobs. Because of this, they don’t have enough funds to buy foods. This will surely lead to hunger. Mr. President, what do you think will happen on our economy this year? Will it go back to normal and stabilize or will it worsen?”
The truth is, most Americans aren't asking for a lot. They don't need overseas tax shelters; they don't need a long list of loopholes. All they want is a fair shake, and they could stand a break because most Americans have simple dreams: a job, a place to raise their families, a secure retirement, and a chance to create opportunities for their kids that might extend a little further than their own. After all, the wealth of the nation is rooted in the work of our people.” I am warning the Americans now because our economic crisis will deepen this year. I already revealed some details of a massive stimulus package that could ultimately exceed in $1 trillion. We, as Americans, will face this economic crisis. I will call for a cabinet meeting tomorrow to discuss this growing crisis which affects the whole world. We already lost 1.2 million jobs inside the country. Millions of American families are struggling to figure out how to pay the bills and stay in their home. This is very alarming. This will result to a deeper problem. I and my cabinet is planning to launch a project to help these people who lost their jobs. Sec. Solis and Sec. Geithner, prepare some plans for this problem and we’ll be discussing it tomorrow. I promise this cabinet meeting will be transparent to everyone.