In an interviews with CNBC and Bloomberg TV at the World Economic Forum's annual gathering in Davos, Switzerland, Arianna said the Obama administration is still not doing enough to help on the jobs front, despite new proposals announced in the President's State of The Union speech on Wednesday.
Davos attendees in the financial sector have called for global uniformity on banking reforms, but Arianna noted that the economy is in dire need of effective job creation efforts. "We still don't see how growth is going to be filled," Arianna told CNBC. "Where is consumption going to come from? And where jobs are going to come from? I think that's the fear."
Arianna added that the Obama administration is still not adequately communicating the severity of the financial crisis for most Americans:
"The administration, at least the majorities in Congress need to make it very clear to the public that we are not out of the woods, that we don't see a clear path to job growth...So what they need to bring to the table is the same kind of urgency that they brought to the table a year ago, when some how they put everybody in a room and made things happen. That urgency is missing now."
Responding to the President's recent proposal for a child care tax credit, Arianna said "the problem isn't that you can't find a babysitter, the problem is that there are six applicants for every job."
"The middle class is suffering and there is a kind of downward mobility," she added.
WATCH the full interview:
WATCH Arianna' interview with Bloomberg TV: