Day 5. President Doom and Gloom.

This from the weekly radio address...

...this week, we saw more people file for unemployment than at any time in the last twenty-six years, and experts agree that if nothing is done, the unemployment rate could reach double digits. Our economy could fall $1 trillion short of its full capacity, which translates into more than $12,000 in lost income for a family of four. And we could lose a generation of potential, as more young Americans are forced to forgo college dreams or the chance to train for the jobs of the future.

He then goes on to talk about all the great things he will quickly do to fix the problems:

• To accelerate the creation of a clean energy economy, we will double our capacity to generate alternative sources of energy like wind, solar, and biofuels over the next three years. We’ll begin to build a new electricity grid that lay down more than 3,000 miles of transmission lines to convey this new energy from coast to coast. (Good luck fighting environmental regulations and environmentalists.)
  
• To lower health care cost, cut medical errors, and improve care, we’ll computerize the nation’s health record in five years, saving billions of dollars in health care costs and countless lives. (How many jobs will be lost by all this computerization and automation? If jobs won't be lost? How will cost be lowered? How about halting ambulance chaser law suits?)
  
• To ensure our children can compete and succeed in this new economy, we’ll renovate and modernize 10,000 schools, building state-of-the-art classrooms, libraries, and labs to improve learning for over five million students. (Oh yeah, this will get us ahead of Japan in science and math, for sure.)
  
• That means repairing and modernizing thousands of miles of America’s roadways and providing new mass transit options for millions of Americans. It means protecting America by securing 90 major ports and creating a better communications network for local law enforcement and public safety officials in the event of an emergency. And it means expanding broadband access to millions of Americans, so business can compete on a level-playing field, wherever they’re located. (See comment about environmentalists, for rebuilding roads. How are we going to expand broadband? BPL doesn't work. Please provide real details.)
  

Finally...

We won’t just throw money at our problems - we’ll invest in what works. Instead of politicians doling out money behind a veil of secrecy, decisions about where we invest will be made public, and informed by independent experts whenever possible. We’ll launch an unprecedented effort to root out waste, inefficiency, and unnecessary spending in our government, and every American will be able to see how and where we spend taxpayer dollars by going to a new website called recovery.gov.

This needs to be explained to Charlie Rangle and Robert Reich (HT to taxman) and some mayors around the country...

Furthermore, I have not seen anything in here about mortgage payments or gasoline

What gives?