Obama says 'help on the way for economy,' as he names advisers - Spokane, North Idaho News & Weather KHQ.com

Obama says 'help on the way for economy,' as he names advisers

CHICAGO, Ill. - President-elect Barack Obama says "help is on the way" for the nation's economy.

Announcing two more members of his economic team at a news conference in Chicago today, Obama pledged that he will have an economic plan ready for action on his first day in office.

He introduced former Federal Reserve Chairman Paul Volcker to head a new White House advisory board focused on creating jobs and bringing stability to the nation's financial system. Volcker is credited with taming inflation in the 1980s by raising interest rates, though the action also helped send the economy into recession. Obama described the 81-year-old Volcker as "fairly opinionated" and someone who "pulls no punches."

He also introduced University of Chicago economist Austan Goolsbee as the top staff official on the panel. Obama defended himself against critics who accuse him of recycling Clinton administration officials, saying his aim is to create a Cabinet that combines "experience with fresh thinking."

  • Most Popular StoriesMost Popular StoriesMore>>

  • Family tries euthanizing cat after he walked 12 miles to return home

    Family tries euthanizing cat after he walked 12 miles to return home

    Thursday, April 19 2018 1:23 AM EDT2018-04-19 05:23:12 GMT
    @a.cat.named.toby@a.cat.named.toby
    @a.cat.named.toby@a.cat.named.toby

    RALEIGH, North Carolina - A North Carolina family gave their cat away and then tried to euthanize him after he walked 12 miles back to his home. According to the Society for the Prevention of Cruelty to Animals of Wake County, North Carolina, Toby the cat made the long trek back to his family after they tried to give him away. When he returned, they took him to a shelter to put him down. The shelter called the SPCA to ask if they would help 

    >>

    RALEIGH, North Carolina - A North Carolina family gave their cat away and then tried to euthanize him after he walked 12 miles back to his home. According to the Society for the Prevention of Cruelty to Animals of Wake County, North Carolina, Toby the cat made the long trek back to his family after they tried to give him away. When he returned, they took him to a shelter to put him down. The shelter called the SPCA to ask if they would help 

    >>
  • Michigan mother leaves 2 infant girls in suitcase on curb

    Michigan mother leaves 2 infant girls in suitcase on curb

    Thursday, April 19 2018 11:16 AM EDT2018-04-19 15:16:15 GMT

    FLINT, Mich. - Police say a 26-year-old Michigan woman left her two infant daughters inside a suitcase on the side of the road as child welfare workers arrived to take the children away. Police say officers assisting Child Protective Services workers Wednesday were unable to find the children inside the Flint home, about 50 miles northwest of Detroit.

    >>

    FLINT, Mich. - Police say a 26-year-old Michigan woman left her two infant daughters inside a suitcase on the side of the road as child welfare workers arrived to take the children away. Police say officers assisting Child Protective Services workers Wednesday were unable to find the children inside the Flint home, about 50 miles northwest of Detroit.

    >>
  • Toddler shoots pregnant mom outside Indiana thrift store

    Toddler shoots pregnant mom outside Indiana thrift store

    Wednesday, April 18 2018 4:40 PM EDT2018-04-18 20:40:25 GMT

    MERRILVILLE, Indiana - An Indiana woman is in critical but stable condition after her 3-year-old daughter accidentally shot her with a gun her father left in the car. Police in Merrillville say two small children were waiting in the car with their mother while their father shopped inside a thrift store when the shooting happened Tuesday afternoon.

    >>

    MERRILVILLE, Indiana - An Indiana woman is in critical but stable condition after her 3-year-old daughter accidentally shot her with a gun her father left in the car. Police in Merrillville say two small children were waiting in the car with their mother while their father shopped inside a thrift store when the shooting happened Tuesday afternoon.

    >>
HD DOPPLER 6i
/