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Old 08-15-2011, 08:15 PM  
Stinger Stinger is offline
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Obama: I reversed recession until 'bad luck' hit

Obama: I reversed recession until 'bad luck' hit
by Byron York

At a town hall meeting on his campaign-style tour of the Midwest, President Obama claimed that his economic program "reversed the recession" until recovery was frustrated by events overseas. And then, Obama said, with the economy in an increasingly precarious position, the recovery suffered another blow when Republicans pressed the White House for federal spending cuts in exchange for an increase in the national debt limit, resulting in a deal Obama called a "debacle."

"We had reversed the recession, avoided a depression, gotten the economy moving again," Obama told a crowd in Decorah, Iowa. "But over the last six months we've had a run of bad luck." Obama listed three events overseas -- the Arab Spring uprisings, the tsunami in Japan, and the European debt crises -- which set the economy back.

"All those things have been headwinds for our economy," Obama said. "Now, those are things that we can't completely control. The question is, how do we manage these challenging times and do the right things when it comes to those things that we can control?"

"The problem," Obama continued, "is that we've got the kind of partisan brinksmanship that is willing to put party ahead of country, that is more interested in seeing their political opponents lose than seeing the country win. Nowhere was that more evident than in this recent debt ceiling debacle."

Except for its updated details, much of the president's speech resembled the stump speeches he gave when campaigning for Democrats before the 2010 midterm elections. But the White House claims this trip is non-political, part of the president's officials duties to discuss economic issues with the public. For the three-day tour through Minnesota, Iowa, and Missouri, the Secret Service has rolled out two new buses, costing more than $1 million apiece, to take the president and his aides around the countryside.

http://campaign2012.washingtonexamin...l-bad-luck-hit

Last edited by Stinger; 08-15-2011 at 08:15 PM.. Reason: link add
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Old 08-15-2011, 08:19 PM   #2
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Old 08-15-2011, 08:21 PM   #3
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Old 08-15-2011, 08:28 PM   #4
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Old 08-15-2011, 08:48 PM   #5
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Old 08-15-2011, 08:50 PM   #6
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Old 08-15-2011, 09:15 PM   #7
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What is sad to me isn't that Obama says this shit, it's that there are people that buy it hook, line, sinker, pole, fisherman.
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Old 08-15-2011, 09:21 PM   #8
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Old 08-15-2011, 09:31 PM   #9
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Originally Posted by Bewbies View Post
What is sad to me isn't that Obama says this shit, it's that there are people that buy it hook, line, sinker, pole, fisherman.
/obligatory orange/huffington post joke
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Old 08-15-2011, 09:33 PM   #10
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Originally Posted by stevieray View Post
I'm almost embarassed for the guy.
This.

I'm not sure I've ever seen a more delusional President in my adult life.

If the Republicans had a candidate that was more capable than a stinky sack of crap, Obama would be toast in 2012. As it is, this will be close all the way. At this point, I actually can't envision any one of the current Republican candidates beating Obama.
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Old 08-15-2011, 09:35 PM   #11
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This.

I'm not sure I've ever seen a more delusional President in my adult life.

If the Republicans had a candidate that was more capable than a stinky sack of crap, Obama would be toast in 2012. As it is, this will be close all the way. At this point, I actually can't envision any one of the current Republican candidates beating Obama.
Obama is going to lose the election by at least 6 points. (so long as he's only running against 1.)
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Old 08-15-2011, 09:39 PM   #12
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So then I guess Bush had the economy roaring after the .Com bubble he inherited and 9/11, until he hit some bad luck!


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Old 08-16-2011, 11:10 AM   #13
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"We had reversed the recession, avoided a depression, gotten the economy moving again,
Barack Wasserman Schultz, is that you?
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Old 08-16-2011, 11:24 AM   #14
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Well, as soon as we can create a vacuum for the economy we'll be just fine.
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Old 08-16-2011, 11:44 AM   #15
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