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Barack Obama on economic crisis: 'We didn't know how bad it was'
Politico44 ^ | 12/13/11 | JENNIFER EPSTEIN

Posted on 12/13/2011 5:24:27 PM PST by ColdOne

President Barack Obama said Tuesday he wishes he knew the full extent of the economic crisis when he took office, if only so he could have let Americans know just how tough the coming years would be.

"I think we understood that it was bad, but we didn’t know how bad it was,” Obama said in an interview with KIRO in Seattle. "I think I could have prepared the American people for how bad this was going to be, had we had a sense of that."

Obama’s comments came as he sat down with a string of local TV reporters on Tuesday morning to sell his proposal to extend the payroll tax cut while highlighting the end of the Iraq war. He also did brief interviews – all under 10 minutes – with WVEC in Norfolk, Va., WEAR in Pensacola, Fla., and KOAA in Colorado Springs, Colo.

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


TOPICS: Front Page News; News/Current Events; Politics/Elections
KEYWORDS: bondcollapse; default; depression; dollarcollapse; economiccrisis; economy; elections; idiot; obama
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To: ColdOne

“Unexpected”...yeah...that’s the ticket....what a man-child...


21 posted on 12/13/2011 5:34:00 PM PST by mo
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To: ColdOne

As it turns out, EVERYTHING was above Obama’s pay grade.


22 posted on 12/13/2011 5:34:46 PM PST by Gator113 (~Just livin' life, my way~.. Newt/Palin-West-2012."got a lot swirling around in my head.")
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To: ColdOne
Obama said Tuesday he wishes he knew the full extent of the economic crisis when he took office,

No one an be that stupid.

23 posted on 12/13/2011 5:36:38 PM PST by JakeS (This would be a good time to read John chapter three 1-21)
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To: ColdOne
Hmmm, anyone else remember a young Bill Clinton, who after "days" of pacing the Oval Office announced to the American public he could not give them a tax break because, " I have worked harder then I ever have in my life and I can't do it, they cooked the books and now I must raise taxes" .

I believe he also blamed a Bush for his failure. Obama can't even come up with an original excuse.

24 posted on 12/13/2011 5:38:17 PM PST by Kakaze (Exterminate Islamofacism and apologize for nothing....except not doing it sooner!)
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To: Kickass Conservative

Keep reminding the libs who has been in charge of Congress for the last 2 years of President Bush’s administration and the first 2 of Zeros, and who currently can and do stop anything resembling sensible legislation.

Reid and Pelosi did a great job of keeping Zero out of the loop and treating him like the arrogant a—h-— he is.

Darn those turnip trucks anyway.


25 posted on 12/13/2011 5:38:21 PM PST by SusaninOhio (So)
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To: ColdOne; IMissPresidentReagan

A definite Limbaugh “see, I told you so” moment.


26 posted on 12/13/2011 5:38:38 PM PST by NonValueAdded ("Centralization destroys the blight of monopoly")
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To: ColdOne
"I think we understood that it was bad, but we didn’t know how bad it was,”

Just what Bill Clinton said upon assuming office just before raising the taxes, retroactively (!), that he promised he wouldn't. Seems to be a Democrat meme.

27 posted on 12/13/2011 5:41:07 PM PST by jeffc (Prayer. It's freedom of speech.)
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To: ColdOne

Dude admits incompetence!?

In other news: Man bites dog...


28 posted on 12/13/2011 5:41:24 PM PST by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: ColdOne
Didn't know how bad it was, eh?

Obama: U.S. in worst crisis since Depression (Oct 2008)

29 posted on 12/13/2011 5:41:33 PM PST by Hoodat (Because they do not change, Therefore they do not fear God. -Psalm 55:19-)
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To: ColdOne
Photobucket

How much time did Obama waste farting around pushing legislation we didn't want, while everything else went to Hell?

30 posted on 12/13/2011 5:42:27 PM PST by SWAMPSNIPER (The Second Amendment, a Matter of Fact, Not a Matter of Opinion)
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To: ColdOne
the boy isn't smart enough to understand the business model of a lemonade stand...
31 posted on 12/13/2011 5:42:57 PM PST by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: lahargis

Oh, he’s been present....


32 posted on 12/13/2011 5:43:04 PM PST by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: lahargis

Oh, he’s been present....


33 posted on 12/13/2011 5:43:35 PM PST by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: Kakaze

I remember, Kakaze. I was there and had to pay a retroactive income tax of $1500. The only time in my life I didn’t get a tax refund; and I was lower middle class at that time.


34 posted on 12/13/2011 5:45:53 PM PST by jeffc (Prayer. It's freedom of speech.)
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To: ColdOne

We didn’t know how bad YOU were.


35 posted on 12/13/2011 5:45:59 PM PST by Brilliant
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To: ColdOne
but we didn’t know how bad it was,” Obama said

Here's a thought....STOP VACATIONING AND GET OFF THE FRICKIN' GOLF COURSE!

You'd think with all the billions he's bilked from us, the Jackass in Chief could buy a clue!

36 posted on 12/13/2011 5:45:59 PM PST by MamaTexan (I am ~Person~ as created by the Law of Nature, not a 'person' as created by the law of Man)
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To: CommieCutter

cognitive dissonance
no one holds leftists accountable
the economic crisis was intentional and purposeful. ‘progressives’ just can’t understand how to get to their next level without creating another panic. too many watching now


37 posted on 12/13/2011 5:46:40 PM PST by griswold3 (Character is Destiny)
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To: TexasFreeper2009

And prolonged it. Did all the wrong stuff.

Health care to scare employers.

EPA regs and threatened Cap & Trade to scare manufacturers.

Stifled drilling in the Gulf and elsewhere; Keystone XL delay the latest jewel in that plan.

Extended unemployment to 2 years, last I knew 6 months had been the limit.

What a clever boy he is.


38 posted on 12/13/2011 5:47:14 PM PST by One Name
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To: NonValueAdded; IMissPresidentReagan

Bingo!!!!!


39 posted on 12/13/2011 5:55:08 PM PST by ColdOne (I miss my poochie... Tasha 2000~3/14/11)
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To: ColdOne

The new line, tested on Axelrod’s focus groups.


40 posted on 12/13/2011 5:58:44 PM PST by Revolting cat! (Let us prey!)
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