Obama Aides Change Their Rhetoric On Economy

By: Associated Press
By: Associated Press

WASHINGTON (AP) -- The White House appears to be shifting its economic outlook with a top presidential adviser declaring the fundamentals of the economy are "solid."

In an appearance on NBC's "Meet the Press," economic adviser Christina Romer also cautioned "these are very, very difficult times." And while she says the U.S. is fighting an "economic war" that hasn't been won, she maintains the economy is fundamentally sound.

Just a week ago, White House Office of Management and Budget director Peter Orszag declared that "fundamentally, the economy is weak."

The seesaw message is drawing sharp criticism from Senate Republican leader Mitch McConnell, who said on ABC's "This Week" that the Obama team is exploiting the economic crisis for political gain and using it to push through unrelated policy changes.

The GOP's No. 2 leader in the House Rep. Eric Cantor promised on NBC that Republicans will offer an alternative to the president's budget blueprint.

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  • by $$ Genius Location: COS on Mar 15, 2009 at 11:04 PM
    Hmmm, isnt this the same thing that the democrats were hurling at Sen. McCain when he said the "fundamentals are sound" Give us hope and change to believe in and get "competent" people on the payroll paid by tax payers. they are giving away and wanting to give away hundreds of billions of $$$ of tax payer money and "borrow" more from China.... so we can hear this "fiscal jargon, nonsense and babble"? pretty soon the only "change" that we will be left with will be the change you can find in between your couch and that if you have couch left or a house to keep it in.
  • by HK Location: cs on Mar 15, 2009 at 05:03 PM
    I am shocked, NOT!!! make up your minds, have a coherent voice, for a CHANGE!!
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