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June 28, 2022

Obama Holds Press Conference, Talks Economic Recovery, Midterms Elections, Middle East

Obama addresses hot topics
Nicholas Kamm/ AFP/ Getty Images

Obama addresses hot topics
Nicholas Kamm/ AFP/ Getty Images

San Francisco ( The fact that the economic recovery in the United States of America is taking a lot longer than most citizens expected or wanted is not exactly a secret. After the crash in 2008 and the subsequent election of Illinois’ Barack Obama as President of the United States, many assumed that the new Head of State would somehow magically reverse decades of poor decision making and ill-advised spending that was only exacerbated when former President George W. Bush was in office.

Friday, Obama made it clear that he realizes what everyone is talking about. He said that he knows that the economic recovery is going by “painfully slow” and that it is not nearly as fast as the people of the United States want and need.

But Obama expressed his confidence in his new ideas and the direction that the economy is going. He touted the growth made in the last twenty months and the increase in both permanent and short-term job creation.

Obama also spoke out against Republicans once again, requesting that they finally step out of the way of the small business bill and allow the community banks and small businesses of the United States to get the help that they desperately need.

Obama also spoke about the opposing views on tax and who should get tax cuts. Obama, however, is tired of the political games that the Republicans are playing. He said that if the Republicans are willing to stop making policy making into political positioning, then he “would love to talk to them” on economic issues to see their ideas out.

Obama went on to say that he is confident in the Democratic Party coming into the November 2nd Midterm Elections so long as the people of the United States judge them on more than just the economy.

Obama then reiterated the point that is the Republicans do in fact take the majority in Congress, then the old ideas of Bush that led to the economic crash will be put back in place.

Obama informed the audience at his press conference in further detail of his recent plans that he announced in Wisconsin and Ohio this past week.

Obama reported that the new head o the Council of Economic Advisers in the White House would now be Austan Goolsbee.

On the topic of the Middle East talks, Obama said, “it was a risk for us to promote these discussions, but it is a risk worth taking,” despite there being “enormous hurdles” to get over.

About Mark Ryabtsev 329 Articles
Mark Ryabtsev is head writer for He stays up to date on all Obama news and brings you the most important issues.

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