While President Obama is certainly gearing up for talks with Iran in the coming months, it is the economy that is taking up most of his first 100 days in office.
Tonight the Senate will finally vote on the stimulus package, after last night’s vote-closing debate and all amendments got a 61 to 36 majority, mainly thanks to three moderate Republican senators who broke ranks and supported the package.It cannot come quickly enough. Job centres are struggling to cope with a huge influx of the unemployed and entire sectors of the economy, like the carmakers, are facing extinction. As Obama said in Elkhart, Indiana last night the unemployment rate there had ballooned from just under five percent to over 15 in a year. The plan seeks to avoid that happening nationwide.