- Aug 26, 2007
- Reaction score
- San Antonio Texas
- Political Leaning
President Obama called Monday for a "full-scale attack" to revive the struggling economy as Congress returns from recess with lawmakers fixated on the November election.
The president, after meeting with his economic team, said the administration is "hard at work" trying to find new ways to promote economic growth. Though the election is on the horizon, he urged Congress to urgently pass a small business lending bill and blamed Republicans for stonewalling the package.
"We have to do more," Obama said. "Holding this bill hostage is directly detrimental to our economic growth. I ask Senate Republicans to drop the blockade."
Senate Republican Leader Mitch McConnell countered that the bill would result in tax increases and that the administration's policies simply aren't working.
FOXNews.com - Obama Calls for 'Full-Scale Attack' to Revive Struggling Economy
Mr. President, the truth is that your belief that Congress can revive the economy through Gov't programs and spending is misguided and detrimental to the country.
The fastest way to rebound the economy, is to get out of the way sir. That means sweeping tax cuts to spur growth, repealing Obamacare, shelving "Cap and Trade", stopping the EPA's power grab to control CO2... basically it means abandoning most everything your Administration has promoted to this point. Because the economic uncertainty your policies have induced, business cannot grow.