WASHINGTON: American anger at the cost of propping up the US economy will not force President Barack Obama to row back on his ambitious health care reform plans, the White House said Sunday.
On the defensive after Saturday saw the first big anti-Obama protests since he became president in January, White House spokesman Robert Gibbs conceded that Americans were angry, but said it was mostly about big spending.
"I think people are upset because on Monday we celebrate the anniversary of the Lehman Brothers collapse that caused a financial catastrophe unlike anything we've ever seen," said Gibbs.
The stunning implosion of the US investment bank over the weekend of September 13-14, 2008 has come to mark the beginning of a crisis that reshaped the financial sector and deeply scarred the global economy.
"We've had to do some extraordinary things... to rescue the financial system, to ensure that our domestic auto industry didn't go out of business, and to stimulate the economy. That certainly cost a lot of money, but it's something that we had to do," said Gibbs.
Saturday's protests saw tens of thousands take to the streets of Washington to attack Obama over his big spending and big government, but Gibbs insisted the president would not be deflected from his top domestic priority of overhauling the broken health care system.
"I think what the American people want most of all... is for Washington to put aside the game playing and start to begin to solve the very big problems that our country faces," he told CNN television.
"I know that's what the president believes he was elected to do. And I think it would be a good start to deal with health care."
Obama has vowed to pass legislation by the end of the year that would spread coverage to America's 46 million uninsured by making insurance obligatory and affordable for all.
Republicans jump on the US$900-billion price tag, which Obama claims he can make up in savings, and stoke fears that a mooted public option would lead to a federal takeover of health care - anathema to many Americans who abhor the idea of big government.
Obama, who has been criticised for waiting too long to go on the offensive after an August of feisty town hall meetings during which angry Republican-led opposition received almost blanket media coverage, is now hitting back hard.
In an interview with CBS, aired on Sunday but recorded on Friday, Obama accused some Republicans of cynically trying to kill off his flagship domestic policy just to cripple his young administration.
He said that regardless of their efforts he had enough support to pass a far-reaching overhaul of a system that leaked money like a sieve and left tens of millions Americans uninsured.
"I think right now you've got just a political environment where there are those in the Republican party who think the best thing to do is just to kill reform, that that will be good politics," he blasted.
For those criticising the expense of his plans, Obama said there was no way to get a handle on the budget without tackling the inefficiencies of the US$2-trillion health care system - which represents some 15 per cent of America's GDP.
"The problem I've got is that the only way I can get medium and long-term federal spending under control is if we do something about health care."
On Monday, the president will switch his attention squarely back to the economy with a major speech in New York in which he is expected to defend his spending policies by claiming they helped stave off a second Great Depression.
As well as his US$787-billion stimulus plan, Obama invested hundreds of billions of dollars bailing out the indebted financial sector, unveiled mortgage rescue plans and took steps to loosen the flow of credit.
Aides said the president's address at the Federal Hall would refocus attention and issue a call for action on financial, regulatory and structural problems still dogging the slowly reviving economy.
Officials predict a possible return to economic growth in the United States in the third quarter this year, a moment that would mark a political milestone for the administration.
Obama's New York address will come a week before he hosts the Group of 20 summit in Pittsburgh, where global economic powers will try to agree a strategy to head off future financial crises.
Your title don't match the content :S
Originally posted by Stevenson101:Your title don't match the content :S
Maybe he has gone crazy
Pardon him, he is about to be admitted to IMH.
o sorry,
i suppose to attached one pic
but forgotten about it
Originally posted by noahnoah:
o sorry,
i suppose to attached one pic
but forgotten about it
So where is the pic? You can also click on edit to post the pic.
just one typical thread only so much problem...haiz! got IMH lah, got LKY lah, got crazy lah, and also got mismatch..are u guys serious??
Originally posted by angel7030:just one typical thread only so much problem...haiz! got IMH lah, got LKY lah, got crazy lah, and also got mismatch..are u guys serious??
Just 1 prostitute like you come in only cause so much problem here.
You get lost back to geylang lah
he meant this... because the pledge of allegiance in the US is this:
I cant find the pic liao
the pic went missing
le
he's not p member mah..
Originally posted by angel7030:just one typical thread only so much problem...haiz! got IMH lah, got LKY lah, got crazy lah, and also got mismatch..are u guys serious??
hahaha, what else can come out from a harlot's mouth! Such words are just typical from this particular harlot called angel7030.
Again you are putting down others to make yourself feel good. so pathetic an attention whore like you gotta come to Speakers' Corner to do this everyday.
Originally posted by Fantagf:
hahaha, what else can come out from a harlot's mouth! Such words are just typical from this particular harlot called angel7030.Again you are putting down others to make yourself feel good. so pathetic an attention whore like you gotta come to Speakers' Corner to do this everyday.
Fantagf...ATTENTION!!!
Originally posted by angel7030:
Fantagf...ATTENTION!!!
Shut up lah whore
Originally posted by angel7030:
Fantagf...ATTENTION!!!
You bloody attention whore making use of my nick to draw attention to yourself. Wow, you really has proven to us you are so pathetic craving for attention. Tsk tsk tsk!
hahahah
Originally posted by Stevenson101:Your title does not match the content. :S
President Obama is facing mounting pressure from within his own party, (Democrats), one or two Repulicans, (the opposition party), are undecided to support the Public Option. For those unfamiliar with the ongoing health care debate on my side of the Pacific, the public option would a legal mandate for citizens without private health insurance. If one did not sign onto the public option a fine of several thousand USD and jail time would be the punishment.
The above proposal has energized millions of Americans who otherwise lead quiet lives.
November 2010 will see Congressional elections in the U.S.A. The Demcrats are likely to loose, by a large margin, the majority currently held in both the Senate and House of Representatives.
This would take away the BHOs (Barrack H. Obama), current advantage, and for pracitical purposes end BHOs quest for nationalized/socialized healthcare.
Yes I do live in the United States.
Born and raised in Michigan, the 26th state to enter the union.
David