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Economy is top priority

From NBC's Domenico Montanaro
Could it be any clearer that the economy is the top priority? So far, President Obama's speech, 40 minutes in, has focused exclusively on the economy.

He also made sure that "those who sent us here" were his audience right off the bat. This isn't about selling something to Congress; it's about reassuring the American people that Washington is doing something to try to help -- whether you agree or disagree with what's being done.

"We will rebuild, we will recover," and emerge "stronger than before," the president said.

One of the criticisms from the right (and President Bill Clinton) was that Obama wasn't being hopeful enough -- though Obama often says the country will recover.

He made it clear that the country could and would recover. He struck a professorial tone on explaining the credit crisis. And he got bipartisan applause in talking about accountability for banks.

"My job, our job," Obama said to the elected officials, "is to solve the problem."