Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Obama: More 'Hard Days' Ahead for US Economy
Reuters via CNBC ^ | 7/8/2010 | Reuters

Posted on 07/09/2010 8:18:01 AM PDT by Qbert

The U.S. economy is moving toward recovery but more "hard days" lie ahead, President Obama said on Thursday.

"We've got a long way to go,'' Obama said at a Kansas City electric car factory. "But what is absolutely clear is that we are headed in the right direction — and that the surest way out of these storms we've been in is to keep moving forward, not back."

Obama defended his handling of the U.S. economy he went on a two-day campaign swing for fellow Democrats before November's congressional elections.

Obama has come under fire for bank and auto bailouts and a $787 billion stimulus package whose effectiveness is a subject of debate.

He is under election-year pressure to reduce a 9.5 percent unemployment rate but said he was confident Americans would "dig ourselves out of this hole''.

A poll by a Democratic-leaning organization, Democracy Corps, said Americans plan to support Republican candidates over Democrats in the election by 46 percent to 43 percent.

Obama, who will face a tougher audience for his agenda if Republicans make big gains in November, is trying to convince impatient Americans that his economic policies are working and that improvements will take time.

"There are going to be some hard days ahead—that's the truth," he said. "It's going to take a while for us to dig ourselves out of this hole.''

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: economy; obama; recession; stopdiggingfool
Navigation: use the links below to view more comments.
first 1-2021-4041-6061-69 next last
...I thought this was the Great "Summer of Recovery"...
1 posted on 07/09/2010 8:18:03 AM PDT by Qbert
[ Post Reply | Private Reply | View Replies]

To: Qbert

Bush left me such a mess. And, I am not very smart.


2 posted on 07/09/2010 8:19:41 AM PDT by Goreknowshowtocheat
[ Post Reply | Private Reply | To 1 | View Replies]

To: Qbert

BHOAce


3 posted on 07/09/2010 8:20:15 AM PDT by FrankR ( If we don't stand up to tyranny, the tyrants win, and we're enslaved.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Qbert

The right direction? Obama is so FOS they can smell him in China.


4 posted on 07/09/2010 8:20:56 AM PDT by ILS21R (A 200 year supply of oil... in Alaska....right now)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Qbert

No, it’s “The Summer of Discernment.”

That means more and more Americans are learning what a phony-baloney man is in The White House. A man who is in way over his head.

I don’t think Mr. Obama could pop popcorn.


5 posted on 07/09/2010 8:21:22 AM PDT by RexBeach ("Duty is ours; consequences are God's." Thomas "Stonewall" Jackson)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Qbert

“It’s going to take a while for us to dig ourselves out of this hole.”

No, dumbass, you CLIMB out of a hole; you don’t keep digging!


6 posted on 07/09/2010 8:21:51 AM PDT by henkster (A broken government does not merit full faith and credit.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Qbert
To paraphrase the greatest President of the 20th Century,
Ronald Wilson Reagan, "a recession is when your neighbor loses his job, a depression is when you lose YOUR job, and recovery is when Barack Hussein 0bama loses HIS job!"

Shout it from the ROOFTOPS!
7 posted on 07/09/2010 8:21:56 AM PDT by mkjessup (0bama is a traitor. And he squats to pee too.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Qbert

The quickest way to get out of the hole is to stop digging it deeper.


8 posted on 07/09/2010 8:22:21 AM PDT by kabar
[ Post Reply | Private Reply | To 1 | View Replies]

To: RexBeach

But he can destroy America.


9 posted on 07/09/2010 8:22:31 AM PDT by onedoug
[ Post Reply | Private Reply | To 5 | View Replies]

To: Qbert

“Pay no attention to that man behind the curtain!


10 posted on 07/09/2010 8:23:10 AM PDT by Walrus (My congressman is toast in 2010 --- how about yours?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Qbert
"We've got a long way to go,'' Obama said at a Kansas City electric car factory. "But what is absolutely clear is that we are headed in the right direction — and that the surest way out of these storms we've been in is to keep moving forward, not back."

This is Obama's dumbest statement yet...and that's saying something.

11 posted on 07/09/2010 8:23:14 AM PDT by Rational Thought
[ Post Reply | Private Reply | To 1 | View Replies]

To: Qbert
"It's going to take a while for us to dig ourselves out of this hole."

Sure as hell would help if YOU and Congress STOPPED %#@#$ING DIGGING DOWNWARD!!!!!!!!!!!

12 posted on 07/09/2010 8:23:32 AM PDT by Psycho_Bunny (Hail To The Fail-In-Chief)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Qbert

I must admit, I am very nervous. I am white, professional and unemployed. My retirement savings is quickly running out due to paying for my kids illness and health insurance won’t pay for it.

And in 6 months all the taxes go into effect.


13 posted on 07/09/2010 8:24:06 AM PDT by EQAndyBuzz (Conservatives are producers. Liberals are parasites)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Qbert

This just can’t be true, barry said last week the US has turned the corner and was headed back from the brink.


14 posted on 07/09/2010 8:24:56 AM PDT by svcw (True freedom cannot be granted by any man or government, only by Christ.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Qbert

“A poll by a Democratic-leaning organization, Democracy Corps, said Americans plan to support Republican candidates over Democrats in the election by 46 percent to 43 percent.”

That’s a freakin LIE

The DC poll was R48 D42, +6 NOT +3!


15 posted on 07/09/2010 8:25:16 AM PDT by traderrob6
[ Post Reply | Private Reply | To 1 | View Replies]

To: Qbert

Summer of Recovery in the unemployment line


16 posted on 07/09/2010 8:25:45 AM PDT by truthandlife ("Some trust in chariots and some in horses, but we trust in the name of the LORD our God." (Ps 20:7))
[ Post Reply | Private Reply | To 1 | View Replies]

To: Qbert

“It’s going to take a while for us to dig ourselves out of this hole.’’

Tell me the empty suit living in public housing at 1600 Pennsylvania Avenue didn’t REALLY say that. NOBODY could be that STOOPID.


17 posted on 07/09/2010 8:26:32 AM PDT by tgusa (Investment plan: blued steel, brass, lead, copper)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Qbert

I think some Democrat members of Congress must be getting a bit upset with this clown!

How would you feel if you hitched your wagon to this ass?


18 posted on 07/09/2010 8:26:36 AM PDT by Kansas58
[ Post Reply | Private Reply | To 1 | View Replies]

To: Qbert
.I thought this was the Great "Summer of Recovery"...

The pretender and plugs can't even get their story straight. Is it "recovery summer" or are we doing FDR's Depression 2.0? I happen to go with the latter.

19 posted on 07/09/2010 8:26:51 AM PDT by YankeeReb
[ Post Reply | Private Reply | To 1 | View Replies]

To: henkster

Ah, you beat me to it .....

;-)


20 posted on 07/09/2010 8:27:20 AM PDT by tgusa (Investment plan: blued steel, brass, lead, copper)
[ Post Reply | Private Reply | To 6 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-69 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson