Skip to comments.Obama says economy can take hit and keep going
Posted on 05/06/2011 11:18:34 AM PDT by mandaladon
INDIANAPOLIS Refocusing on the nation's economic struggles, President Barack Obama welcomed news Friday that the economy unexpectedly added more than 200,000 jobs last month. "We are regaining our footing," he said.
The president spoke during a visit to a transmission plant in Indianapolis, even as the killing of Osama bin Laden continued to dominate headlines and much of the president's time.
From Indianapolis he was to travel to Fort Campbell, Ky., to thank the Navy SEALs who stormed bin Laden's compound in Pakistan and shot him dead, and the helicopter operators who got them there.
But first, at Allison Transmission in Indianapolis, the president promoted his clean energy agenda while offering an optimistic assessment of the economy's growth. April's labor market report marked the third straight month in which more than 200,000 jobs were created, the best three-month hiring spree in five years and a sign of increasing confidence in the private sector.
"We've made this progress at a time when our economy's been facing some serious headwinds," the president told workers, citing high gas prices and the earthquake in Japan. "There will undoubtedly be some more challenges ahead, but the fact is that we are still making progress," he said. "And that proves how resilient the American economy is, and how resilient the American worker is, and that we can take a hit and we can keep on going forward."
(Excerpt) Read more at news.yahoo.com ...
$14 Trillion in debt - up $5 TRILLION since 2008. Over $100 TRILLION in unfunded liabilities?
Yep, smooth sailing from here on out.
I like how he acts like his actions have nothing to do with the price of energy or the rising consumer prices across the board.
The unemployment rate went UP. MORE people are out of jobs.
And the media is letting him get by with celebrating additional jobs as if it’s getting better.
In other news, the chocolate ration will remain at 30 grams per week, and Oceania is still at war with Eastasia.
I heard this in the car at the top of the hour news. ‘Obama is celebrating’ a rapidly growing job market. These people live in a different universe.
Deficit spending ongoing at a rate of approximately $2 per hour per taxpayer every hour of every day. Yeah, things look great to me!!
Oceania has always been at war with Eastasia.
Wasn’t 60 thousand of them Mac Donald’s low paying jobs?
As long as the media keeps stirring up a new batch of Kool Aid, the masses will keep drinking it up .
Zero, you are an idiot....
Keep talking tho...talk yourself right out of a job...
Easy for him to say... He’s causing the “hit”.
The media is on his side...they are as faithful in their Goebbel's-style propoganda for him as if he personally signed their paychecks.
just wow...multiple 240w dryer cords would be needed for a volt to turn an allison tranny...
guess these UAW dumbasses will get the memo that their jobs are gone in a formal whitehut letterheaded email sometime next week...
CNN online didn't mention the unemployment rate jumped to 9%, but they did have this article:
Yep, they are carrying the water for him.
I half-expected a similar line to come out of all of their changes to the UBL story.
There needs to be an accounting for those that gave up and decided to jump off the cliff of unemployment.
Obama isn’t worried about having to sleep under a bridge, but for millions of now unemployed Americans it’s a distinct possibility.
9/11 proved we could take a hit and recover.
However, what we won’t survive is a concerted effort by leftists in power, and even more, the people who put them there.
I’m getting tired of hearing the word “unexpected” from these
Actually, there are hybrid buses with Allisons.
Did I miss Hate Week?
If you're in a nosedive, are you still going forward?
Over a million people applied for those 62,000 McDonald’s jobs.
I wonder why nobody’s talking about the 938,000 who didn’t get hired.
Obama is the one dishing out hit after hit to this economy, including Obamacare, out of control deficits, Dodd-Frank financial “reform,” EPA regulations gone wild, U.S. dollar in the trash can, tax increases, etc. etc. I’m not sure how many more of these hits we can take.
"Public officials should not be chosen
if they are lacking in experience, training,
proven virtue, and demonstrated wisdom. "
forwardly down... :O
One of the working assumptions of the Chicago Way is that there will always be chickens to pluck and sheep to shear!
” If it is in the best interest of the political system to deny a problem, they will do so in spite of the overwhelming evidence to the contrary. The more vehement the denials, the bigger the potential crisis.”
“Even if the evidence shows bank failures, business failures and desperate efforts on the part of the federal and state governments to raise funds, you can be sure the information coming out of Wasington will be upbeat and positive...........When the interest on the national debt exceeds the toal income of our government it would be prudent to assume the system is about to “roll over”.
—”The Coming Economic Earthquake”...Larry Burkette
WE MUST VOTE REPUBLICAN NO MATTER WHAT!
This is what will beat us. If we get a republican in, then add a few more, then a few more, over time we will take back our country.
Don’t get sidelined with anyone pushed on us by the left.
I can just hear John Cameron Swayze now, “It takes a licking, and keeps on ticking.”
>>> The unemployment rate went UP. MORE people are out of jobs.
Goolsbee (Chrisina Roamer’s replacement) said: ‘trend is clearly in the right direction’
So you know, that IS what they wanted.
People are hurting, and he’s continuing the big lie.
2012 can’t come soon enough. We’re going to Wisconsinize this idiot.
How the hell would he know? Seriously, on what basis can he make that statement? Where is his experience? Has he studied economics in any detail? Is he banking on rainbows and unicorns? Draining the present and the future of hits wealth may very well be a hit that this economy does not recover from. No one knows, because we are in uncharted waters. But if I had to bet, I wouldn't be on the 'take a hit and keep going' side.
Sure it can take a hit and keep going....It’s falt on its arse now, pretty tough to knock it down much more. About all that’s left....nevermind. I don’t want to give him any ideas.
He alludes to this four year marxist detour maybe?
“In fact, this uptick to 9% actually suggests more people are returning to the work force..”
244,000 got jobs, 474,000 lost jobs.
We’re 7 million jobs below where we were in November of 2007. Adding 244,000 jobs a month won’t get us even with pre-recession unemployment until 2016.
The EPA is a paramilitary enforcement group running amuck throuhgout the free enterprise system. Like the KGB was in Russia.
We are headed for an economic disaster of unparalled magnitude, and it is difficult to see anything that can be done now to avert this.
This statement reminds me of a story a family friend once told us. I don't know if is true or not (but, I always thought it was).
There was a flight of Air Force personnel on a mission. The Pilot looked back at the navigator and asked, “How are we doing?” The navigator responded, “We are absolutely lost. We are making great time but we are totally lost.”
Of course he was only joking but in Obama’s case, I don't think he is. He is totally lost but we are supposed to believe we are making great progress.
Train them to inspect bridges, and hire them! Better yet, put some to work building them. Fund it by shutting down the EPA...
With the element of "time" I doubt we have that before this country falls. What we will have is a mess to clean up after the fact...which will take years to turn around.
I was in Nashville last week. There were homeless sleeping under bridges etc, all over the place in prominent places smack dab in downtown. I don’t know if they were bums, but they didn’t look like the kind that enjoy that lifestyle.
We ate at Joe’s Crab shack for the first time! What a blast that was. We spent $160, including the tip. It was pure indulgence, which we can’t afford but every couple years. We tucked a $20 in one sleeping homeless guy. It’s something I wouldn’t normally do, but this guy looked ‘normal’, a casualty of Barrak Hussien Osama’s policies.
Barack Obama’s entire presidency has been one massive hit on the American economy.
Here he’s admiring how resilient it’s been to all the deliberate damage he’s personally done to it. I bet he wished he could say “Damn, it’s harder to tank you people than I ever thought it would be, you bitter clingers are clinging on much harder than I thought you would!”
We just have to get though the end of your first an only presidency, then we’ll be able to recover quite nicely.
The whole world knows right now America is run by a clown.
This is McDonald’s payback to Obama for their exemption from Barrycare.
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