The country’s first-ever credit downgrade. Stocks tanking. 30 American soldiers killed in Afghanistan. President Obama is expected to speak shortly, presumably about all of these topics. So, I’ve come out of hibernation for some impromptu live-blogging. Let’s see if I have anything useful to say…
Behind Schedule | 1:47 p.m. It’s 47 minutes past the announced start time. The Dow appears to have taken this into account and gone down another 47 points. Or is it 147?
The Walk Out | 1:54 p.m. Obama came out in a brisk, solemn walk, and got right to the credit rating issue, pushing back on the S&P hard.
Details | 1:58 p.m. He is speaking to specific things we can do (not many with Congress’ hand-tying) to spur economic growth: payroll tax credits and such. He is pretty stern.
Unusual Wording | 2:00 p.m. As part of a stanza to remind and inspire us of our self-worth, he said that the U.S. has “some of the most productive workers” in the world. He, and other politicians, usually say something along the lines of, “We have the best workers in the world,” so this stuck out for me. Will some Republican presidential candidate criticize him for this? The more important thing is that he is right: it seems to me that while our workers are great, so now are those of the other countries we hear about frequently: India, China, et al.
Let’s Be Army Strong | 2:04 p.m. Obama pivoted from our tough economic situation to the grim news in Afghanistan, honoring the commitment and sacrifice of those we lost. He said that soldiers put aside their differences for the sake of a vital mission, and that we should do the same. He used it is a rallying cry for the country to live up to the best of what they fought for.
That’s It | 2:11 p.m. The comments were over in a fast 10 minutes. There was no real news here it seems, and little concerted effort to lift us up. Perhaps that is part of the problem.
Useless | 5:10 p.m. Re-reading confirms: this is my most useless post ever.