Biden: Economy tougher than FDR's
by Politico.com
Tuesday March 17, 2009, 6:05 AM
Vice President Joe Biden’s discussed the economy in stark terms at a Democratic National Committee fundraiser Monday night, in contrast with the upbeat tone coming from the White House over the past few days.
In a 20-minute speech in the lobby of the Corcoran Gallery of Art, Biden said President Obama "has inherited the most difficult first 100 days of any president, I would argue, including Franklin Roosevelt."
“Let me explain what I mean by that," he added. "It was clear the problem Roosevelt inherited. This is a more complicated economic
. We’ve never ever been here before – here or in the world. Never ever been here before."
Turning to the budget, Biden said the White House is willing to bargain with Congress on the specifics of the president's grand programs.
“We are willing to compromise on the margins on all these things," he said. "There may be a better way to deal with energy. A better way to deal with health. A better way to deal with education. But we will not compromise on the need to invest in all three of those enterprises.”
Echoing the White House message that the budget will help fuel a recovery, he added: “This is not about ideology. This is about economic necessity."
more...
http://www.mlive.com/us-politics/index.ssf/2009/03/biden_economy_tougher_than_fdr.html
Printer-friendly format
Email this thread to a friend
Bookmark this thread
(1000+ posts)
Send PM |
Profile |
Ignore
