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Obama Still Blames ATMs For The Lousy Job Market
Investor's Business Daily ^ | 1/13/2016 | John Merline

Posted on 01/14/2016 4:51:31 AM PST by IBD editorial writer

"Anyone claiming that America's economy is in decline is peddling fiction," President Obama said at his State of the Union address. Then he went on to describe an economy in decline.

(Excerpt) Read more at news.investors.com ...


TOPICS:
KEYWORDS: economy; obama

1 posted on 01/14/2016 4:51:31 AM PST by IBD editorial writer
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To: IBD editorial writer

When you are swirling in the Cauldron of Doom beneath the Niagara Falls, any straw will be grasped at.

ATM’s? You may as well blame dial phones and area codes for massive unemployment of huge numbers of telephone operators, the voice of “Ma Bell”.

Technology marches on. Productivity is the measure of economic progress, and the ATM’s have multiplied the productivity of bank clerks enormously.


2 posted on 01/14/2016 5:11:02 AM PST by alloysteel (If I considered the consequences of my actions, I would rarely do anything.)
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To: IBD editorial writer

At times I have asked people “How much more stupid can Obama be?”

IT WAS A QUESTION NOT A CHALLENGE!


3 posted on 01/14/2016 5:15:57 AM PST by rfreedom4u (Islam is a cult of hatred and sexual deviants.)
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To: rfreedom4u

Idiocracy was just supposed to be a movie . . .


4 posted on 01/14/2016 5:19:44 AM PST by mykroar (biden)
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To: IBD editorial writer

I was on my way for an interview for a high paying job, but an ATM stopped me.

I was applying for a mortgage, but when they found out my bank charged ATM fees, they turned me down.

I was going to get in on the ground floor of a fast moving stock, but I
could not pay the broker, I was short by the exact amount of the ATM fee...


5 posted on 01/14/2016 5:25:52 AM PST by Rebel_Ace (HITLER! There, Zero to Godwin in 5.2 seconds.)
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To: IBD editorial writer

Seriously? Could you get the the quote of Obama saying that?

Calling Trump and Cruz ...

Both candidates should tag-team BO [aka B-H-O] on this one!


6 posted on 01/14/2016 5:34:27 AM PST by Arthur Wildfire! March (1000 muslim migrant gang-rapists in Germany -- Trump helped trigger protests.)
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To: IBD editorial writer

Found it -— 2011 ...

Obama Blames ATMs for High Unemployment - Fox Nation

nation.foxnews.com/...obama/.../obama-blames-atms-high ... [cut off address]

Jun 14, 2011 ... President Obama explained to NBC News that the reason companies aren’t hiring is not because of his policies, it’s because the economy is so ...


7 posted on 01/14/2016 5:37:45 AM PST by Arthur Wildfire! March (1000 muslim migrant gang-rapists in Germany -- Trump helped trigger protests.)
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To: IBD editorial writer

Next he’ll blame Apple Pay for the ATM repair guy losing his job.

Democrats are luddites of the first order.


8 posted on 01/14/2016 5:41:26 AM PST by Read Write Repeat (Not one convinced me they want the job yet)
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To: IBD editorial writer
Or you go to the airport and you use a kiosk instead of checking in at the gate," he said.

Has this buffoon ever flown on a commercial airline? You don't check in at the gate, you check in at the front counter.

9 posted on 01/14/2016 5:50:48 AM PST by AlaskaErik (I served and protected my country for 31 years. Progressives spent that time trying to destroy it.)
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To: alloysteel

“When you are swirling in the Cauldron of Doom beneath the Niagara Falls, any straw will be grasped at.”

In that regard, Obama reminds me of one of those murder suspects you see on “The First 48”. He thinks he has the interviewer over a barrel because his claims of innocence are so believable but the more he talks, the more guilty he appears to be.


10 posted on 01/14/2016 6:23:52 AM PST by equaviator (There's nothing like the universe to bring you down to earth.)
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To: Arthur Wildfire! March

If people think ATMs are the cause of the current unemployment, they should just wait and see the unemployment when the minimum wage gets jacked up and all the fast food restaurants switch to self-serve ordering kiosks.


11 posted on 01/14/2016 6:28:20 AM PST by tanknetter
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