What a load of CRAP! As this bigshot attends a summit to create MORE free trade agreements enriching Asia and FURTHER impoverishing America, while he passes presidential directives ordering ICE not to deport illegals he has the GALL to call Americans that cannot compete in a global marketplace against countries that pay wages an American cannot live on, that dump products on the American market that American companies cannot compete with-BECAUSE an American cannot live on $80 US a MONTH, that REFUSE to invest in the American market unprotected from slave labor and inferior labor practices by tariffs-LAZY???? He should be in prison for treason. Globalists should be lined up in front of the White House and shot as traitors.
I thought it was caused by ATMs!!!!
Isn’t this ba$tard something. This filthy puke has insulted all the hard working company owners, their workers, and their families that are trying to get by regardless of this asshat’s damning destruction of our economy. What a piece of garbage!
What foreign investor wants to fight with the union crooks every couple of years????
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I have a GREAT idea! Let’s attract a Canadian oil pipeline. Oh wait. Never mind.
What a load of crap!
The American workforce is the most productive and innovative in the entire world.
It isn’t lack of talent and hard work in America that has curtailed foreign investment in or relocation to these United States - it is that we have a full time cadre of civil “servants” thinking of new and innovative ways to curtail productivity for all but the politically connected.
Cut the corporate tax rate to the bone and let’s see how ‘undesirable’ America becomes-President Economic Illiterate.
Maybe he’s right, at least about the Senate. If they weren’t so “lazy” they’d have impeached him by now.
This needs to be replayed over, and over, and over..... during the 2012 Election. “Hey America, your President tells the world you’re lazy.”
And which party is most repsonsible for creating this bureaucracy, TOTUS? What a dumba$$!
This MF needs to look in the mirror if he needs a definition of lazy. One of my biggest fears is that he’s going to wear out AF1, both of them, trying to avoid really being president.
Oh I don’t know, Barry. Maybe the investing world got wind of YOU scrooing the GM bondholders - outright illegally - just so you could reward your union buddies. Stuff like that kinda puts a damper on investing.
Didn’t they teach you that in community organization class?
OBAMA is a Jacka**, (apologies to JA”S)
IF AMERICAN businesses are making a run for the border due to regs,laws and TAXES, PLEASE ZERO..tell us how you think us LAZY Americans can get foreign businesses to invest here?
HUH..TELL US you pathetic,ignorant pRESIDENT.
Americans don’t want to attract (more) foreign businesses..... Americans want to start their own businesses....Now get your socialist rear out of our way!
I’m surprised even Obozo could stand himself, giving this speech. If we actually wanted to attract foreign investment in new US based factories, we would lower our federal tax rates, we would drastically lessen the power of the EPA to prevent development, and we would quit providing federal government support to big labor unions who push our labor rates ever higher so as to be non-competitive. All of this is the complete opposite of Obama’s policies, and he wouldn’t even argue the point.
Last year, the trade deficit was $479 billion. Now, all those dollars have to return to the U.S. because you can't spend them anywhere else. So, that represents almost $1/2 billion in foreign investment (if they don't buy our goods or services, they buy our debt, equities or other assets).
Of course, the Federal government issued $1.3 trillion worth of debt last year to pay its deficit, so a lot of foreign investment was siphoned away from the private sector and went, instead, to Washington.
None of it has anything to do with free trade. It's all a result of government debt and government inflation. Obama, of course, wouldn't know anything about any of that. Unfortunately, I don't think Bernanke does, either.