President Obama's Statement on the Economy

The President reports on a busy week of progress in helping
restore the economy, providing assistance to the unemployed, and building a strong and secure economic foundation for the future. July 23, 2010.

Category:

News & Politics

Tags:

• economy
• economic
• progress
• recovery
• employment
• jobs
• unemployment
• benefits
• Wall Street
• financial reform
• budget
• responsibility

[hookalakah]

"Obama is apparently convinced of very few things outside of his own abilities, Chicago rules and the powerful effects of his speeches on the public.

But he really and truly does seem to believe the nostrums of his community organizing days, and the recipes he pushed then (and detailed in his first memoir) remain the fixed star of his economic theory.

Sadly, they don't work. They have never worked. They won't work now." --Hugh Hewitt

[LesPaulCustom79]

@ratty88 Take a look around you dude.......every-fucking-body is unemployed........drastically under-employed working crappy part-time jobs.......or working in their same shitty jobs getting paid 30% less than they were only 5 years ago. Wake up and smell the stinky coffee.....Odumbo is the worse president this country has had in its' 235 year history. It is really hard to be worse than Jimmy Carter was in 4 years.......rapid inflation, very high interest rates, 10% unemployment.

[ratty88]

@LesPaulCustom79 nope. economists have my back. all you have backing you is the crazies telling lies from right wing media.

They KNOW you won't ever do any research on your own, just as I do.

You'll just parrot whatever BS the koch-brothers want you to say.

[LesPaulCustom79]

@ratty88 Since you like math, the United States Labor Dept. revised statistics clearly state that 5,780,000 that is (FIVE MILLION SEVEN HUNDRED EIGHTY THOUSNAD) net JOBS have been lost since Obama took office in January 2009. During President Bush's 8 years, average unemployment was only 4.7%. During Behack Odumbo's long 2.5 years, for those getting benefits unemployment remains at 9.5% with another 9% of long term unemployed which equals 18,5% total unemployed. Your claim of 3M jobs BULLSHIT!!!

[ratty88]

@LesPaulCustom79 the stimulus is credited with more than 3 million jobs. 8 years of bush gave us 1 million jobs.

its basic math.

but i understand conservatives don't do math

or facts

or reality

just too ____ing stupid

[LesPaulCustom79]

Where's your statement about cutting taxes now.........you moronic idiot? The whole reason the debt reduction talks have fallen apart is because, you keep demanding for 3 trillion in new taxes which will kill so many jobs that unemployment will rise to 35% immediately.

[LesPaulCustom79]

@ratty88 You are completely out of your mind, if you think Odumbo has created more jobs than during the 8 years of President George W. Bush's terms. TRUE UNEMPLOYMENT including all those whose unemployment benefits have run out and are long term unemployed is currently at 19% across the country. During W's terms unemployment was 4% to 5%. Your liberal brain is like a BB rolling around in a 55 gallon drum.

[ratty88]

@LesPaulCustom79 Obama is directly responsible for 3 times as many jobs as the entire private sector under 8 YEARS of the prior president.

[ratty88]

@1ndabag your pills. you didn't take them.

[blacksncommercials]

Legalize weed and the crackers will calm down, trust me, lol.