President Obama Delivers a Statement on Debt Compromise

President Obama delivers a statement in the Rose Garden of the White House on the debt compromise passed by both houses of Congress to reduce the deficit and avert a default that would have devastated our economy. August 2, 2011.

Category:

News & Politics

Tags:

• debt
• deficit
• compromise
• debt compromise
• deficit compromise
• debt ceiling
• obama
• budget

[shauncdc]

do you really think that Obama has any rel control over the budget, isn't it obvious he is just a puppet acting on the strings of someone else?

[TheSixelar7]

@paulstrong123

Plus one more war, add that to 800,00 jobs being lost per month! Now when Obama took office and put the stimulus in action, he stopped the economy from completely collapsing. When people grew impatient that things weren't going back to normal(after 8 years that's unrealistic) and with the right's rhetoric, they decided to vote in a plethora of Republicans.Now nothing can be done b/c the Republicans won't agree with him on anything.Weird how we had a surplus and no wars before GWB

[heartlessvietboy]

Here is a debt compromise. Corporations that are already making too much money needs to be shut down. We purchase all businesses and make everything Government.

[paulstrong123]

“If you voted for Obama in 2008 to prove you’re not a racist, you’ll have to vote for someone else in 2012 to prove you’re not an idiot.” :-)

[hannibail]

obama president of cow is the real terrorist bin laden,

September 11 for the food!!!

[paulstrong123]

@TheSixelar7

The proof is in the pudding!

When Bush took office 10 years ago, the country had a $5 trillion deficit. In his 8 years, with a war might I add, the deficit swelled to $8 trillion. In 8 years Bush let it go up by $3 trillion. In less than 3 years, Obama has let the deficit balloon to $14 trillion. That is a $6 trillion increase in less than 3 years. Obama needs to be impeached.

[TheSixelar7]

@paulstrong123

When Obama came into office he stopped the tumultuous job loss that were happening. Then the country started gaining jobs again. BTW the stimulus package stopped the economy from completely collapsing. If you want to stop anything(the economy) from being stagnate you have to stimulate it. If you disagree I can show you proof.

[TheSixelar7]

Obama doesn't have absolute power. Congress(mostly Republicans) won't let him do anything. The Republicans that you voted in. IF YOU AREN'T RICH, REPUBLICANS WON'T HELP YOU.

[manymade1]

@sutircomed Exactly, they spend so much time trying to point out Obama's every mistake they don't do crap to help.

[sutircomed]

The problem is not Obama -- it is the House Republicans.

Vote them out in 2012!!