Wednesday, November 26, 2008

Obama doing more than bush without even being in power

Obama reassures nervous nation on ailing economy

CHICAGO – President-elect Barack Obama sought to reassure the nation and nervous holiday shoppers about the ailing economy Wednesday as beleaguered stores braced for their most important month of the year.

"Help is on the way," he proclaimed at his third news briefing on the economy this week. Fifty-five days away from taking office, he declared he would have an economic plan ready for action "starting day one."

Investors' improved spirits kept pace. The Dow Jones industrials climbed 247 points, marking the first time since last spring that the average had risen for four straight sessions.

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From Think Progress:

What’s on tap today: Obama to address economy, Bush to pardon turkey.

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