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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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1 posted on 12/13/2011 5:24:29 PM PST by ColdOne
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To: ColdOne

Poor baby! He was tricked!


2 posted on 12/13/2011 5:25:48 PM PST by Winstons Julia (Hello OWS? We don't need a revolution like China's; China needs a revolution like OURS.)
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To: ColdOne

What he’s really saying is “Nobody told me that work was HARD!”


3 posted on 12/13/2011 5:26:00 PM PST by Ronin (If we were serious about using the death penalty as a deterrent, we would bring back public hangings)
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To: ColdOne

hey DUMBO..what did you do with the rest of BP’s money?...spent 4 billion, where’s the rest?


4 posted on 12/13/2011 5:26:41 PM PST by Doogle (((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated)))
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To: ColdOne

Bush’s fault, Bush’s fault...nyaah, nyaah.

Wouldn’t it be nice to have an adult in the White House for a change?


5 posted on 12/13/2011 5:27:09 PM PST by Walrus (Big government is the natural enemy of liberty)
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To: ColdOne

Lol so all those years he had no idea and yet he and the old lady traveled are living like royalty off the tax payer. Let em cake.


6 posted on 12/13/2011 5:27:29 PM PST by linn37 (Newt supporter here.)
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To: ColdOne
'We didn't know how bad it was'

Nice try and the media will let him get away with it.

Get a clue, zero.

Tax revenues are down sharply, the economy is down sharply.

Arrogant denial.

7 posted on 12/13/2011 5:27:51 PM PST by cicero2k
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To: ColdOne

it’s wasn’t that bad, he made it bad.


8 posted on 12/13/2011 5:27:53 PM PST by TexasFreeper2009 (Newt Gingrich 2012!)
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To: ColdOne

And he thinks Islam and Marxism will cure everything.


9 posted on 12/13/2011 5:28:41 PM PST by Dallas59 (President Robert Gibbs 2009-2011)
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To: ColdOne

Cloward and Piven told him just how bad it was, and on purpose.

And of course, the Halfrican Kenyan Muslim traitor lies about it, because the Koran says it’s okay to lie to the infidel.


10 posted on 12/13/2011 5:28:52 PM PST by Old Sarge (RIP FReeper Skyraider (1930-2011) - You Are Missed)
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To: ColdOne

Let’s see here. A sitting senator with majorities in both houses. The power of the purse at their disposal did not know how bad it was. Ya ok.


11 posted on 12/13/2011 5:28:52 PM PST by Bruinator ("For socialism is not merely the labour question, it is before all things an atheistic question")
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To: ColdOne

Isn’t this the same man who said this was the worst crisis since the Great Depression?

What a liar.

Told my wife the night he was elected this is exactly what would happen, of course everyone else on this forum said the same thing.


12 posted on 12/13/2011 5:29:25 PM PST by CommieCutter
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To: ColdOne

Where in the he$! has he been all this time?


13 posted on 12/13/2011 5:29:34 PM PST by lahargis (Rick Perry is our energy candidate! Perry 2012!)
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To: ColdOne

The severity of the problem in not relevant. To address the problem, obama took the wrong steps and made it worse.


14 posted on 12/13/2011 5:30:19 PM PST by matt1234 (Bring back the HUAC.)
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To: ColdOne

Hey, maybe he should’ve “borrowed” and pumped a few more trillion dollars down the sewer to his union friends and campaign supporters. That would’ve made things a lot better (for them).


15 posted on 12/13/2011 5:30:19 PM PST by Jim Robinson (Rebellion is brewing!! Impeach the corrupt Marxist bastard!!)
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To: ColdOne

Obama is a complete idiot.


16 posted on 12/13/2011 5:30:54 PM PST by Jim Robinson (Rebellion is brewing!! Impeach the corrupt Marxist bastard!!)
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To: ColdOne
Obama was a Senator right? Did he pay attention when he was there? Why would he be surprised?

It's not like he fell off the Turnip Truck in front of the White House.

Oh never mind, it's just his way of saying it's Bush's fault once again.

17 posted on 12/13/2011 5:31:50 PM PST by Kickass Conservative (Liberals, Useful Idiots Voting for Useless Idiots...)
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To: ColdOne

For the first six months, maybe even a year he might have a legitimate complaint. However even six months is probably too long as he had a complete dominance with both houses of Congress.

Now he still has the Senate but hopefully he will lose that too when his lunatic presidency ends.


18 posted on 12/13/2011 5:33:22 PM PST by yarddog
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To: Winstons Julia

He made it worse. Perhaps he could stay in Hawaii until 1/20/2013.


19 posted on 12/13/2011 5:33:38 PM PST by Richard from IL
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To: ColdOne

Even if you didn’t know at first you have been in office for 3 years Barry! Grow UP..Put on your BIG BOY pants and stop whining........ Swallow a little pride and try working with Republicans in Congress to cut taxes balance the budget....Aw Nevermind I might as well be talking to a wall Barry was sent to Washington to bankrupt America and start us down the road to Socialism!


20 posted on 12/13/2011 5:33:54 PM PST by jakerobins
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