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Obama Warns Nation of Clear and Present Economic Danger

Daily newsbrief journal for July 2011, also see http://www.usdemocrats.com/brief for a global 100-page perpetual brief and follow twitter @usdemocrats


Obama Warns Nation of Clear and Present Economic Danger

Postby admin » Mon Jul 25, 2011 6:34 pm

Obama Warns Nation
President Obama warned Americans that a stalemate over the debt ceiling negotiations is risking "a deep economic crisis." He repeatedly used the words "danger" or "dangerous" to make the points that this is not an ordinary political debate and that a "balanced approach" is necessary.

In contrast, House Speaker John Boehner used a rebuttal to play down the consequences, blaming the crisis entirely on Obama while suggesting he just needs to back the Republican proposal to avoid a crisis.

http://politicalwire.com/archives/2011/ ... ation.html
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