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Obama says economy can take hit and keep going
Yahoo News ^ | 6 May 2011 | JIM KUHNHENN

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 ...


TOPICS: Breaking News; Business/Economy; Front Page News; Government; Politics/Elections
KEYWORDS: 0sama9percent4april; barackmuslim; bho44; but150000jobs2grow; cluelessrookie; economy; emptysuit; impeach; noobpresidency; obabaasickjoke; obama; obamaasickjoke; only7000jobs4april11; socialistjoker; unexpected
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To: Gilbo_3
just wow...multiple 240w dryer cords would be needed for a volt to turn an allison tranny...

Actually, there are hybrid buses with Allisons.

21 posted on 05/06/2011 11:41:18 AM PDT by Gondring (Paul Revere would have been flamed as a naysayer troll and told to go back to Boston.)
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To: glock rocks

Did I miss Hate Week?


22 posted on 05/06/2011 11:41:33 AM PDT by InvisibleChurch (r e p e n t)
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To: mandaladon
and that we can take a hit and we can keep on going forward."

If you're in a nosedive, are you still going forward?

23 posted on 05/06/2011 11:42:36 AM PDT by Malone LaVeigh
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To: avacado

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.


24 posted on 05/06/2011 11:44:24 AM PDT by Deo volente (God willing, America will survive this Obamination.)
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To: justice14

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.


25 posted on 05/06/2011 11:44:45 AM PDT by oilwatcher
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26 posted on 05/06/2011 11:45:44 AM PDT by TheOldLady
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To: mandaladon

"Public officials should not be chosen
if they are lacking in experience, training,
proven virtue, and demonstrated wisdom.
"
        Sam Adams

27 posted on 05/06/2011 11:47:28 AM PDT by Diogenesis ( Vi veri veniversum vivus vici)
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To: Malone LaVeigh

forwardly down... :O


28 posted on 05/06/2011 11:47:38 AM PDT by Outlaw Woman ("...; because thou hast rejected knowledge, I will also reject thee,... "Hosea 4:6)
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To: mandaladon

One of the working assumptions of the Chicago Way is that there will always be chickens to pluck and sheep to shear!


29 posted on 05/06/2011 11:47:59 AM PDT by bopdowah ("Unlike King Midas, whatever the Gubmint touches sure don't turn to Gold!')
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To: mandaladon

” 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.”

—Lee Iacooca—

“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


30 posted on 05/06/2011 11:48:43 AM PDT by caww
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To: mandaladon

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.


31 posted on 05/06/2011 11:50:12 AM PDT by TribalPrincess2U (They don't need to do another 911. They have BHO and the Fleebaggers.)
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To: mandaladon

I can just hear John Cameron Swayze now, “It takes a licking, and keeps on ticking.”


32 posted on 05/06/2011 11:51:04 AM PDT by dfwgator
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To: xzins

>>> 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.


33 posted on 05/06/2011 11:51:41 AM PDT by Sir Napsalot (Pravda + Useful Idiots = CCCP; JournOList + Useful Idiots = DopeyChangey!)
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To: Gondring; glock rocks; Deo volente
Or to quote FReeper, Lando Lincoln, "Osama has his 72 virgins and Obama has 72 versions".
34 posted on 05/06/2011 11:54:46 AM PDT by algernonpj (He who pays the piper . . .)
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To: mandaladon
Translation: "I've got mine. Screw you."
35 posted on 05/06/2011 11:56:47 AM PDT by E. Pluribus Unum (Under Islam, there is no separation of church and state. The church IS the state.)
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To: mandaladon

Clueless.

People are hurting, and he’s continuing the big lie.

2012 can’t come soon enough. We’re going to Wisconsinize this idiot.


36 posted on 05/06/2011 11:56:54 AM PDT by Indy Pendance
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To: Kandy Atz
Obama says economy can take hit and keep going

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.

37 posted on 05/06/2011 11:57:04 AM PDT by fhayek
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To: mandaladon

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.


38 posted on 05/06/2011 11:58:51 AM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
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To: mandaladon

He alludes to this four year marxist detour maybe?


39 posted on 05/06/2011 11:58:51 AM PDT by DBeers (†)
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To: Kandy Atz

“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.


40 posted on 05/06/2011 11:59:02 AM PDT by maddog55 (OBAMA: Why stupid people shouldn't vote.)
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