Sunday’s Quote of the Day

Sun, November 23, 2008 - 8:49 PM

"We're out with the dithering. We're in with a bang."
-- Austan Goolsbee, chief economic adviser to Barack Obama on CBS' "Face the Nation" Sunday, Nov. 23.

If you missed the Sunday talk shows today, just remember that quote. It's all you need to know about the Obama team's mindset. Goolsbee, a University of Chicago economics professor, made the point to Bob Schieffer that the economic situation is so dire, there's no time to waste. Obama plans to be hit the ground running Jan. 20.

Obama said in his radio address Saturday (you didn't miss that too, did you?) that quick work is needed to avoid losing millions more jobs next year. He's developing a plan to create 2.5 million more jobs by January 2011. Doing what?

"We’ll put people back to work rebuilding our crumbling roads and bridges, modernizing schools that are failing our children, and building wind farms and solar panels; fuel-efficient cars and the alternative energy technologies that can free us from our dependence on foreign oil and keep our economy competitive in the years ahead," he said.

To keep the focus on the economy, Obama is slated to announce his picks for Treasury secretary and head of the National Economic Council Monday in Chicago. They are, respectively, Tim Geithner, 47, president and chief executive of the Federal Reserve Bank of New York, and Larry Summers, former president of Harvard and Treasury secretary in the Clinton White House.

-- Marsha Mercer