Posted on 05/10/2012 2:37:48 PM PDT by Free ThinkerNY
(Reuters) - President Barack Obama said on Thursday that Europe was still in a difficult place economically in part because it did not take some of the steps the United States did.
Addressing about 70 people at a fundraiser in Seattle, Obama said Europe's troubles were among the factors that could affect U.S. growth, also mentioning high gasoline prices as a potential economic drag.
"We've still got headwinds. Europe is still ... in a difficult state, partly because they didn't take some of the decisive steps that we took early on in this recession," Obama said at the event, which was held in a private home.
"Gas prices are still pinching a lot of folks," he said, referring to the U.S. economy. The housing market is still very weak across the country. But the good news is that we have weathered the storm."
(Excerpt) Read more at reuters.com ...
This is worst then people in mass media report, much worst.
It is not good!!
[Romanian native > ESL]
Thanks for making things clear. I tend to agree.
It is not good my friend, not good. Merci.
[Romanian native > ESL]
Obama, his thinking of economy is like a bird who just lost a wings to know how to fly. His words are like empty shollow of dead and grieving zone.
Just I am trying to say better, I can’t.
[Romanian native > ESL]
Good to ‘see’ you again, FRiend !
Salve my friend, I follow your instructions.
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