Obama Thanks Working Class, Urges Patience on Economy

By Dennis Romero

Opinions expressed by Entrepreneur contributors are their own.

president-obama.jpg

In his acceptance speech last night, President-Elect Barack Obama thanked members of the working class for contributing to his campaign, and he warned that it would take time to get the country's economy back on track.

His road to victory "was built by working men and women who dug into what little savings they had to give $5 and $10 and $20 to this cause," Obama said. The Democrat seemed to allude to a long winter ahead for the U.S. economy.

"The road ahead will be long," Obama said. "Our climb will be steep. We may not get there in one year, or even one term, but America--I have never been more hopeful than I am tonight that we will get there. I promise you: We as a people will get there."

He promised that he would help "Main Street" business owners as much as he would prime the Wall Street economy.

"Let us remember that if this financial crisis taught us anything, it's that we cannot have a thriving Wall Street while Main Street suffers. In this country, we rise or fall as one nation--as one people."

You can read his entire speech here.

Wavy Line

Editor's Pick

A Leader's Most Powerful Tool Is Executive Capital. Here's What It Is — and How to Earn It.
Lock
One Man's Casual Side Hustle Became an International Phenomenon — And It's on Track to See $15 Million in Revenue This Year
Lock
3 Reasons to Keep Posting on LinkedIn, Even If Nobody Is Engaging With You
Why a Strong Chief Financial Officer Is Crucial for Your Franchise — and What to Look for When Hiring One

Related Topics

Starting a Business

5 Tips For Launching a Business While Keeping Your Day Job

Launching a business while holding down a 9-to-5 is no small feat. It's a common path for aspiring entrepreneurs, but it's not without its challenges.

Growing a Business

The Best Way to Run a Business Meeting

All too often, meetings run longer than they should and fail to keep attendees engaged. Here's how to run a meeting the right way.

Fundraising

Working Remote? These Are the Biggest Dos and Don'ts of Video Conferencing

As more and more businesses go remote, these are ways to be more effective and efficient on conference calls.

Money & Finance

Want to Become a Millionaire? Follow Warren Buffett's 4 Rules.

Too many entrepreneurs are counting too heavily on a company exit for their eventual 'win.' Do this instead.

Money & Finance

7 Ways to Make Extra Income Even With a Full-Time Job

Want to make more money? Real estate investing, Amazon ecommerce and the sharing economy are waiting for you.