transcript

Vice President Biden's Remarks from stop in Faison, NC

REMARKS BY THE VICE PRESIDENT

ON HOW THE RECOVERY ACT IS HELPING RURAL AMERICA

Goshen Medical Center

Faison, North Carolina

12:35 P.M. EDT

THE VICE PRESIDENT: Thank you very much. The Secretary of Agriculture and I have been friends, as you could probably tell, since the '80s. Tom was one of the finest governors in the United States of America. He, literally, has probably forgotten more about rural America than most people know. As the governor of Iowa -- and the commitment he made to economic development to these clinics in his own state -- all that he did before he was willing to come on and be the Secretary of Agriculture.

So I am not being solicitous when I say the President and I are incredibly fortunate to have someone who, quite frankly, knows even more about this than both the President and I know. And that's what you try to do, hire on people who really know what they're talking about.

Transcript of Press Conference Tuesday, March 24

NEWS CONFERENCE BY THE PRESIDENT

East Room

8:01 P.M. EDT

THE PRESIDENT: Hello, everybody. Please have a seat.

Good evening. Before I take questions from the correspondents I want to give everyone who’s watching tonight an update on the steps we’re taking to move this economy from recession to recovery and ultimately to prosperity.

It’s important to remember that this crisis didn’t happen overnight, and it didn’t result from any one action or decision. It took many years and many failures to lead us here, and it will take many months and many different solutions to lead us out. There are no quick fixes, and there are no silver bullets.

Obama's remarks after Economic Daily Briefing - 3/23

11:57 A.M. EDT

THE PRESIDENT: Well, good morning. As all of you know, we have been busy on a whole host of fronts over the last several weeks, with the primary purpose of stabilizing the financial system so banks are lending again, so that the secondary markets are working again, in order to make sure that families can get basic consumer loans, auto loans, student loans; that small businesses are able to finance themselves and we can start getting this economy moving again.

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