March 12, 2009
Obama, speaking to top executives of the Business Roundtable, expressed an optimistic vision and called for patience.So are we still on the brink of "catastrophe" now, or are things returning to normal? Have we spent enough money, too much money, or do we need to spend even more money? Only the object in chief knows for sure.Richard Parsons, chairman of beleaguered Citigroup Inc., asked if Obama could offer some help in a national battle "between confidence and fear."
"A smidgen of good news and suddenly everything is doing great. A little bit of bad news and ooohh , we're down on the dumps," Obama said. "And I am obviously an object of this constantly varying assessment. I am the object in chief of this varying assessment."
"I don't think things are ever as good as they say, or ever as bad as they say," Obama added. "Things two years ago were not as good as we thought because there were a lot of underlying weaknesses in the economy. They're not as bad as we think they are now."
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