Obama prioritizes his economic plan

With the present status of economy in shambles and the Treasury draining the nation, President-elect Barack Obama and his advisers are trying to figure out which of his expansive campaigns promise to push in the opening months of his tenure and which to put on a slower track.  

President Barack Obama repeated that his first priority would always be an economic recovery agenda to get the nation’s business system back on track and people back to work. But the economic advisers said the question was whether they could properly deal with health care, climate change and energy independence at once or needed to stagger these initiatives over time.

The argument between big-bang strategies of pressing aggressively on multiple fronts versus a more sensible, step-by-step approach has flavored the discussion among Barack Obama’s transition advisers for months, even before his election.

The stress between these economic strategies, according to the advisers, has been a recurring theme in the memorandums prepared for him on various issues; much of the issue may be out of Obama’s hands. The $700 billion financial bailout warns to push the shortage into the stratosphere. According to a former adviser, the poor people have their hands tied by the economic and financial mess they have right now, and for that President Barack Obama has prioritized the economic improvement issue.