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Posted: June 23rd, 2022

Barack Obama – Announces Economic Team

Barack Obama
Announces Nominations of Key Economic Team Members
Delivered 24 November 2008, Chicago, IllinoisThe news this past week, including this morning’s news about Citigroup, has made it even more clear that we are facing an economic crisis of historic proportions. Our financial markets are under stress. New home purchases in October were the lowest in half-a-century. Recently, more than half-a-million jobless claims were filed, the highest in 18 years. And if we do not act swiftly and boldly, most experts now believe that we could lose millions of jobs next year.

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