Obama says economy moving in right direction

AP via Yahoo Finance ^ | 1/8/2011 | Erica Werner, AP

[Qbert]

WASHINGTON (AP) -- President Barack Obama sees a clear and encouraging trend on the economy, citing fresh reports showing private-sector job growth and lower unemployment.

He used his weekly radio and Internet address Saturday to discuss the latest economic news and press for bipartisan action in the newly divided Congress on measures to spur growth. Obama presented the December jobs report in a positive light even though it fell short of what economists had been looking for and even though the drop in unemployment came partly because some people stopped looking for work.

[Qbert]

The labor force participation rate suggests otherwise... (Chart source: Legal Insurrection blog)

[wku man]

"The right direction" for the Obammunist and his fundamental change is just as your graph shows...down the tubes. He's purposefully destroying our economy, so as to foment the civil unrest and revolution the commies so desperately want. Of course, that part may not work out so well for him/them.

Scouts Out! Cavalry Ho!

[Iron Munro]

[FromLori]

Bernanke: It Will Take Years for Jobs Recovery

Fed Chairman Says Economic Growth Continues But US Might Take Five Years for Unemployment Rate to Hit Normal Level

http://www.cbsnews.com/stories/2011/01/07/business/main7222500.shtml

[FrankR]

He did a D&P show about obamacare when he should have been working on bipartisanship for the economy and unemployment.

Now - with obamacare under fire - he wants to talk about the economy and the job market...

FUBO - you're a forked tongued crook and I will never trust anything you say or do.

[ETL]

"The right direction" for the Obammunist and his fundamental change is just as your graph shows...down the tubes. He's purposefully destroying our economy, so as to foment the civil unrest and revolution the commies so desperately want.

Well said! I was just about to make a very similiar comment.

[Lucky2]

Obama’s goal is to completely destroy this county so yes, the economy is moving in the right direction. Meanwhile, we better get busy and figure out fast, how to stop this jerk and his agenda.

[G-Man 1]

Yes, the economy is moving in capt. midnights right direction. Poverty misery and Gov. dependency.