It appears the president elect is attempting to fill the economic leadership vacuum by offering more details on his economic stimulus plan. The goal being 2.5 million new (or saved) jobs over the course of the next 2 years.
No doubt work is being done behind the scenes right now, and during the lame-duck session of Congress, to attempt swift passage of any legislation required shortly after Obama is sworn in.
Mr. Obama said he hoped to have the plan completed, approved by Congress and ready for his signature shortly after he takes office in January.
Obama is facing a delicate balance here; he wants to honor and be respectful of the current administration in power, yet he realizes that same administration is essentially doing nothing to ease the concerns of the people, nor the fears of the financial markets. And let’s be honest, the current administration is viewed in such a negative light, even if President Bush showed a desire to be an actual leader, his potential effectiveness is next to nothing.
The transition team continues to put out a video of the Democratic Weekly Address on YouTube. Here is the link.
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