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Old 06-08-2012, 10:26 AM  
Chief Henry Chief Henry is offline
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Oh Snap...."The private sector is doing fine" our President actually said that

In his press conf. this moring he actually said "the private sector is doing fine"
when speaking about the economy.
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Old 06-08-2012, 10:26 AM   #2
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In what context?
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Old 06-08-2012, 10:31 AM   #3
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Quote:
Originally Posted by FD View Post
In what context?
http://www.realclearpolitics.com/vid...oing_fine.html

Question: What about the Republicans saying that you're blaming the Europeans for the failures of your own policies?

President Obama: The truth of the matter is that, as I said, we created 4.3 million jobs over the last 27 months, over 800,000 just this year alone.

The private sector is doing fine. Where we're seeing weaknesses in our economy have to do with state and local government. Oftentimes cuts initiated by, you know, Governors or mayors who are not getting the kind of help that they have in the past from the federal government and who don't have the same kind of flexibility as the federal government in dealing with fewer revenues coming in.

And so, you know, if Republicans want to be helpful, if they really want to move forward and put people back to work, what they should be thinking about is how do we help state and local governments and how do we help the construction industry? Because the recipes that they're promoting are basically the kinds of policies that would add weakness to the -- to the economy, would result in further layoffs, would not provide relief in the housing market, and would result, I think most economists estimate, in lower growth and fewer jobs, not more.
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Old 06-08-2012, 10:35 AM   #4
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So he lied?
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Old 06-08-2012, 10:36 AM   #5
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I see his point, though it was a dumb thing to say.
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Old 06-08-2012, 10:36 AM   #6
cosmo20002 cosmo20002 is offline
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Quote:
Originally Posted by Chief Henry View Post
In his press conf. this moring he actually said "the private sector is doing fine"
when speaking about the economy.
Private sector profits are doing quite fine.
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Old 06-08-2012, 10:39 AM   #7
qabbaan qabbaan is offline
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Quote:
The truth of the matter is that, as I said, we created 4.3
million jobs over the last 27 months, over 800,000 just this year
alone.
Amusing. More cherry-picking of "jobs created" statistics when, as
everyone knows, unemployment just went up, so there is no net job
creation happening.


Quote:
The private sector is doing fine. Where we're seeing weaknesses in our
economy have to do with state and local government. Oftentimes cuts
initiated by, you know, Governors....
Scott Walker is the new Bush!

But: there you have it, from the President himself: unemployment is
high because we aren't expanding the government fast enough.
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Old 06-08-2012, 10:39 AM   #8
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Quote:
Originally Posted by Donger View Post
http://www.realclearpolitics.com/vid...oing_fine.html

Question: What about the Republicans saying that you're blaming the Europeans for the failures of your own policies?

President Obama: The truth of the matter is that, as I said, we created 4.3 million jobs over the last 27 months, over 800,000 just this year alone.

The private sector is doing fine. Where we're seeing weaknesses in our economy have to do with state and local government. Oftentimes cuts initiated by, you know, Governors or mayors who are not getting the kind of help that they have in the past from the federal government and who don't have the same kind of flexibility as the federal government in dealing with fewer revenues coming in.

And so, you know, if Republicans want to be helpful, if they really want to move forward and put people back to work, what they should be thinking about is how do we help state and local governments and how do we help the construction industry? Because the recipes that they're promoting are basically the kinds of policies that would add weakness to the -- to the economy, would result in further layoffs, would not provide relief in the housing market, and would result, I think most economists estimate, in lower growth and fewer jobs, not more.
I'm guessing for the 729th time in two weeks the democrats are going to have to issue another statement explaining their remarks.
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Old 06-08-2012, 10:40 AM   #9
vailpass vailpass is offline
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Quote:
Originally Posted by cosmo20002 View Post
Private sector profits are doing quite fine.
Negro please.
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Old 06-08-2012, 10:41 AM   #10
Setsuna Setsuna is offline
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Quote:
Originally Posted by mlyonsd View Post
I'm guessing for the 729th time in two weeks the democrats are going to have to issue another statement explaining their remarks.
Well...don't say dumb stuff? That number is more of a testament to the stupid statements they make on a daily basis than someone nit picking them.
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Old 06-08-2012, 10:42 AM   #11
Amnorix Amnorix is offline
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Quote:
Originally Posted by Donger View Post
http://www.realclearpolitics.com/vid...oing_fine.html

Question: What about the Republicans saying that you're blaming the Europeans for the failures of your own policies?

President Obama: The truth of the matter is that, as I said, we created 4.3 million jobs over the last 27 months, over 800,000 just this year alone.

The private sector is doing fine. Where we're seeing weaknesses in our economy have to do with state and local government. Oftentimes cuts initiated by, you know, Governors or mayors who are not getting the kind of help that they have in the past from the federal government and who don't have the same kind of flexibility as the federal government in dealing with fewer revenues coming in.

And so, you know, if Republicans want to be helpful, if they really want to move forward and put people back to work, what they should be thinking about is how do we help state and local governments and how do we help the construction industry? Because the recipes that they're promoting are basically the kinds of policies that would add weakness to the -- to the economy, would result in further layoffs, would not provide relief in the housing market, and would result, I think most economists estimate, in lower growth and fewer jobs, not more.


I'm pretty sure that these three paragraphs just cost him my vote.
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Old 06-08-2012, 10:51 AM   #12
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Quote:
Originally Posted by Amnorix View Post
I'm pretty sure that these three paragraphs just cost him my vote.
That's a serious statement. I'm interested in hearing why those paragraphs brought you to this point.
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Old 06-08-2012, 10:52 AM   #13
qabbaan qabbaan is offline
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This series of statements is either deliberately dishonest, completely out of touch with reality, or betrays such a deep lack of understanding of economic policy that... Well, pick any one of the three. Whatever the explanation, this is just sad.

Does he really believe things are fine on jobs? Is he just lying? Is he woefully incompetent? Does he really think government cuts a the state level are causing unemployment?

I respect Clinton even though I didn't agree with much of the agenda. He had a pragmatic side and knew how to get things done. He did a serviceable job maintaining a rebounded economy. Even his recent statements show that he knows basically how growth happens.

This president seems not to have a clue, to not care, or to simply regard his desired policy direction as the omelet, and jobs and economic pain as the eggs.

This is the most cynical president of our lifetimes.
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Old 06-08-2012, 10:52 AM   #14
Chief Henry Chief Henry is offline
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Quote:
Originally Posted by mlyonsd View Post
I'm guessing for the 729th time in two weeks the democrats are going to have to issue another statement explaining their remarks.


ain't that the truth....how many times has Bill Clinton and Mayor Booker had to re-explain what they have said.
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Old 06-08-2012, 10:55 AM   #15
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That line of his in his press conf. is being turned into a politcal ad right now as I type this message. I can't believe he said that.
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