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Obama: I reversed recession until 'bad luck' hit
washingtonexaminer.com ^
| August 15, 2011
| Byron York
Posted on 08/15/2011 4:40:47 PM PDT by Free ThinkerNY
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."
(Excerpt) Read more at campaign2012.washingtonexaminer.com ...
TOPICS: Politics
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To: Free ThinkerNY
Obamacare, GM bailout, Union payoffs (stimulus that never happened)
You drove us DEEPLY into debt.
46 Days And FR Is Still Short Of Its Goal
We Are In A Fight For Our Republic
Are You In Or Are You Out?
Support Free Republic
22
posted on
08/15/2011 4:48:54 PM PDT
by
DJ MacWoW
(America! The wolves are here! What will you do?)
To: Free ThinkerNY
It was
Bush's
ATM's
Tsunami
Tea Party
Bad luck's fault
23
posted on
08/15/2011 4:49:08 PM PDT
by
Raycpa
To: FatherofFive
That cartoon is timeless. I wonder what year it was published. I love the caption “Young pinkies from Columbia and Harvard”. History has a way of repeating itself.
To: molson209
25
posted on
08/15/2011 4:50:01 PM PDT
by
Lucky9teen
(Peace is that brief glorious moment in history when everybody stands around reloading.~Thomas Jeffer)
To: FatherofFive
Excellent find. Let’s see, 1934, the prez was ... oh yeah, that other commie - FDR.
26
posted on
08/15/2011 4:50:23 PM PDT
by
oh8eleven
(RVN '67-'68)
To: Lazlo in PA
Obama cannot solve these problems because he will not consider anything that works.
Unemployed Americans. Think pushing out 12 million illegals would help? How about stopping hundreds of thousands more from coming in?
But Obama will keep talking about tidal waves in Japan.
27
posted on
08/15/2011 4:50:46 PM PDT
by
Williams
(Honey Badger Don't Care)
To: Free ThinkerNY
What a pathetic narcissist. He’s so convinced of his amazing abilities, and of the validity of his sophomoric ideology, that he can’t humbly alter course and salvage his presidency and do what’s right for the nation.
To: Free ThinkerNY
What a narcissist.
The wheels have come off of Obama's million dollar bus. We are watching a public implosion of a President.
29
posted on
08/15/2011 4:51:32 PM PDT
by
magellan
To: ken21
He's totally delusional. He never got us out of "the worst economic catastrophe since the Great Depresion" ~ just made it worst, and borrowed so much money we can't even take care of national emergency situations.
The man has been a totally unmitigated rolling disaster.
30
posted on
08/15/2011 4:51:53 PM PDT
by
muawiyah
To: Free ThinkerNY
What was it that Jay Leno called Barry’s three state tour? Confusion, Delusion and Desperation?
ROFLMAO!
To: Free ThinkerNY
"The problem," Obama continued...""The problem, Obama..."
To: geege
Oh so now he’s a comedian???? More like a commodian, if you ask me.
33
posted on
08/15/2011 4:53:25 PM PDT
by
boatbums
( God is ready to assume full responsibility for the life wholly yielded to Him.)
To: muawiyah
I WANT MY GREEN SHOOTS!!!
34
posted on
08/15/2011 4:54:16 PM PDT
by
comebacknewt
(Sheesh. Go away and stay away Newt.)
To: Free ThinkerNY
Obama told a crowd in Decorah, Iowa OMG! That's where the eagles are!
ML/NJ
35
posted on
08/15/2011 4:54:28 PM PDT
by
ml/nj
To: Free ThinkerNY
Get the gas price below when you showed up to not work and get back to me.
36
posted on
08/15/2011 4:55:30 PM PDT
by
Paladin2
To: Free ThinkerNY
They keep saying this stuff, but I’m still stunned when they keep insisting that the recession was over. That the economy was good.
Is that what they want us to believe? Is that as good as it gets with these people? Were those the salad days? The summer of recovery?
37
posted on
08/15/2011 4:55:30 PM PDT
by
barstoolblues
(Notes from the Hobbitt Hole. From Hezbollah Hobbitt)
To: Free ThinkerNY
The "dog-ate-my-homework" excuse doesn't wear well on a president of the United States.
This individual's behavior is embarrassingly juvenile.
38
posted on
08/15/2011 4:56:56 PM PDT
by
NoControllingLegalAuthority
(Where is the middle ground on insolvency of the United States government?)
To: Free ThinkerNY
The comments at the site are quite telling. There were no obamabots.
“President Bush inherited a recession and then the towers were hit.....He didn’t whine and complain.”
“The dog ate my homework.”
39
posted on
08/15/2011 4:57:17 PM PDT
by
zeebee
To: Free ThinkerNY
President Downgrade is dangerously delusional.
40
posted on
08/15/2011 4:57:51 PM PDT
by
LOC1
(Let's pick the best, not settle for a compromise.)
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