CLEAN: Obama's wake-call intended for business: analyst

The transcript discusses the economic challenges faced during a recession and the efforts to recover, emphasizing the need for forward-looking strategies. It highlights the government's approach to boosting consumer and business confidence through regulatory measures and trade directions. The political landscape is described as contentious, with firm battle lines in Congress, particularly influenced by Tea Party members. The Republicans face the challenge of articulating an alternative budget, which may not be popular with the public.

What historical event does the speaker compare the current economic challenges to?

• The Great Depression

• World War II

• Sputnik

• The Dot-com Bubble

What is the speaker's strategy for dealing with the economic situation?

• Increasing taxes

• Maximizing stimulus from Congress

• Cutting social programs

• Reducing trade barriers

What is the speaker's approach to handling the deficit?

• Increasing government spending

• Ignoring the deficit

• Embracing difficult steps

• Making advance concessions

What is the main pressure on Republican leaders from Tea Party activists?

• To support the health reform bill

• To stand by principle and cut government spending

• To compromise with Democrats

• To increase taxes

What challenge do Republicans face after winning the majority in the House?

• Creating a popular alternative budget

• Maintaining the health reform bill

• Increasing government spending

• Reducing taxes for the wealthy