WiredPRNews.com Chief Editor: From our home to yours, WiredPRNews.com extends our warmest Thanksgiving prayers. The people of United States of American need NOT to forget that we are the largest nation in the World and we will overcome this. God is testing us in these hard times. We pray of for George W. Bush and his family for being our president and now the people of United States of American need to fully support President Elect Barack Obama.
President Elect Barack Obama announced that “help is on the way” in regards to the ailing economy while giving a news conference on Wednesday. As reported by the Associated Press (AP), Obama stated he would put into place a plan for providing relief his first day in office.
Retailers are less optimistic this holiday season about sales numbers than in previous years due to a heavy decline in consumer spending, but hope that December shoppers will help keep them above water. Investors have demonstrated a new found pre-December faith in the market with Wednesday marking the first four session significant increase in points since last spring, as noted in the AP report.
Obama stated that he would be forming a new advising team appointing Paul Volcker, the former head of the Federal Reserve as head. The President Elect further stated “There is no doubt that during tough economic times family budgets are going to be pinched… I think it is important for the American people, though, to have confidence that we’ve gone through recessions before, we’ve gone through difficult times before, that my administration intends to get this economy back on track.”
Photo Credit: Evian Pepper
