Obama's challenge: Blending optimism with hard economic truths

When Senator Barack Obama began speaking about the economy, it sounded, at first, as if ghastly news was coming. Obama, the Democratic presidential nominee, told thousands of people at a rally here Wednesday that America was "at a moment of great uncertainty." He used the words "significant drop," "anxiety," "crisis" and "worse" all in his second sentence. He explained why the credit markets were frozen, and in plainspoken language described how automobile plants were closing because people could not get car loans, how savings for college and retirement were "disappearing." "Back in 1980, Ronald Reagan asked the electorate if you were better off than you were four years ago," Obama told a grandstand full of voters in the swing state of Indiana. "At the pace things are going, you're going to have to ask if you were better off... [read full story]                    

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