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Monday, November 17, 2008 9:57 AM

President-Elect Talks Economics In First YouTube Address

Adhering to its reputation as the first digital campaign, President-elect Barack Obama's team took to the Web for another innovation this weekend -- the first presidential YouTube address. Obama recorded a video version of the weekly Democratic radio address that was posted on the popular Internet video site Saturday, a trend his advisers say will continue once he enters the White House in January. "This is just one of many ways that President-elect Obama will communicate directly with the American people and make the White House and the political process more transparent," a press release said.

On the day that leaders of the Group of 20 nations convened in Washington for a summit on the global economic crisis, Obama used his video to discuss the economic situation here at home. "Make no mistake: This is the greatest economic challenge of our times," the president-elect told viewers and listeners. But he also expressed confidence that the country can recover. "I know that we can steer ourselves out of this crisis -- because here in America we always rise to the moment, no matter how hard. And I am more hopeful than ever that America will rise once again."


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