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Some Have “Selective Amnesia” on the Economy, Says Recovery Plan is Working (10% unemployment)
abc ^ | 9/7/2009 | jake tapper

Posted on 09/07/2009 3:13:32 PM PDT by tobyhill

ABC News’ Rachel Martin and Sunlen Miller Report: President Obama said that on Labor Day it’s time to “reaffirm” the nation’s commitment to rebuild, and declared that the stimulus plan is working.

Speaking before the friendly crowd during the annual AFL-CIO Labor Day picnic in Cincinnati Ohio this afternoon, the President said that it’s time to ensure that the middle class remains the backbone of the economy, “not just a vanishing ideal we celebrate a picnics once a year as summer turns to fall.”

In rhetoric similar to the campaign trail, the President said this has been is an ideal that he’s been fighting for since office, and pointed the finger at those who say he has not brought change yet.

“Some people have already forgotten how bad it was just seven months ago. You noticed that. They have selective amnesia,” the President joked in feisty remarks more reminiscent of candidate Obama.

The President defended his administration’s efforts – after inheriting an economy “on the verge of collapse,” and crafting a stimulus package that would put people back to work.

“Our Recovery plan is working,” Mr. Obama declared, “The financial system has been saved from collapse. Home sales are up. We're seeing signs of life in the auto industry. Business investment is starting to stabilize. For the first time in 18 months, we're seeing growth in manufacturing. When was the last time you heard that here in United States of America?”

(Excerpt) Read more at blogs.abcnews.com ...


TOPICS: Extended News; News/Current Events
KEYWORDS: bhoeconomy; bhostimulus; layoffs; tapper

1 posted on 09/07/2009 3:13:32 PM PDT by tobyhill
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To: tobyhill

Lets see if the libs can spin the truth when we near Christmas time, when the unemployment checks end and jobs are not to be found, 2 out of 5 are now jobless in California.


2 posted on 09/07/2009 3:17:48 PM PDT by Uncle George
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To: tobyhill

Wow! He’s astoundingly delusional.


3 posted on 09/07/2009 3:18:55 PM PDT by Tempest (I believe in the sanctity of life... As long as you can afford it.)
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To: Uncle George

Dude, they will be spinning such long into the 2012 presidential campaign. Bet.


4 posted on 09/07/2009 3:19:02 PM PDT by cranked
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To: tobyhill
It'll work on its' own if you give the money to the people.

CREATE JOBS....in USA industries that will support our energy needs...like coal, oil, gas.....Wind, solar and other cra*** solutions will take years and it means destroying working systems AND MORE DEBT....just like the CARS program.

IN THE MEANTIME...

5 posted on 09/07/2009 3:20:48 PM PDT by Sacajaweau
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To: tobyhill
“Some people have already forgotten how bad it was just seven months ago. You noticed that. They have selective amnesia,” the President joked in feisty remarks more reminiscent of candidate Obama.

really?? How high was that unemployment rate 7 months ago? A lot fewer were out of work then, thats for sure.

6 posted on 09/07/2009 3:23:45 PM PDT by GeronL (http://libertyfic.proboards.com ............. http://tyrannysentinel.blogspot.com)
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To: tobyhill
Hey hussein... keep yappin’ that big mouth of yours that writes checks that your big eared, man-boobed skinny ass can never cash!

LLS

7 posted on 09/07/2009 3:24:49 PM PDT by LibLieSlayer (hussama will never be my president... NEVER!)
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To: GeronL

I had a job 7 months ago. I think Obama is literally insane.


8 posted on 09/07/2009 3:25:07 PM PDT by Carling (Gatesgate: Obama's Waterloo)
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To: cranked

2120:

“Sure the unemployment rate is officially 20% but it was much worse when Bush was President” Obama says. The MSM won’t challenge or correct him.


9 posted on 09/07/2009 3:25:09 PM PDT by GeronL (http://libertyfic.proboards.com ............. http://tyrannysentinel.blogspot.com)
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To: tobyhill

Remember how they screamed under GW when unemployment rose to 5.2?


10 posted on 09/07/2009 3:25:18 PM PDT by marron
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To: GeronL

Barry acknowledged the true unemployment numbers than tried to play off such by blaming the previous tenure of the previous administration? lulz!?

Barry is smoking some pretty bad arse stuff there.


11 posted on 09/07/2009 3:27:09 PM PDT by cranked
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To: Tempest

12 posted on 09/07/2009 3:28:35 PM PDT by pabianice
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To: tobyhill

Stability is established....

The socialist stimulus of historical proportion and greatness is working....our success must be attributed to the exalted oneness of the omnipotent Obama-inspired and glorious DOUGH FOR DICTATORS program....


13 posted on 09/07/2009 3:31:31 PM PDT by cbkaty (I may not always post...but I am always here......)
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To: tobyhill
<--- Barack has lost all of them.
14 posted on 09/07/2009 3:34:44 PM PDT by GeronL (http://libertyfic.proboards.com ............. http://tyrannysentinel.blogspot.com)
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To: tobyhill

15 posted on 09/07/2009 3:35:33 PM PDT by paulycy (Screw the RACErs.)
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To: Uncle George
2 out of 5 are now jobless in California.

Keep the expensive merchandise out of the display windows.....especially in Kalifornia....

16 posted on 09/07/2009 3:37:19 PM PDT by cbkaty (I may not always post...but I am always here......)
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To: tobyhill

Over 16 percent real unemployment. It’s way early to start calling it a recovery.


17 posted on 09/07/2009 3:42:44 PM PDT by mysterio
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To: cranked

7 months ago the Unemployment rate was at 7.6% and we “HAD TO” pass the stimulus to keep it from getting above 8%.

9.6% = OBAMA’S ECONOMY, OBAMA’S FAILURE.


18 posted on 09/07/2009 3:44:46 PM PDT by tobyhill (The Communist has arrived)
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To: tobyhill
There isn't any recovery plan...the money went to stupid stuff like paying off fellow crooks. These jerks really think this thing is going to rebound on it's own. China is getting ready to mess up their delusion.

Commies messing up commies over money, shock ahroo.

19 posted on 09/07/2009 3:53:36 PM PDT by Earthdweller (Harvard won the election again...so what's the problem.......?)
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To: tobyhill

Michigan has a 15% unemployment rate and Detroit has a rate of 28.9%, an all-time record high. Been under Democrat rule for WAY too long.

“We’re #1! We’re #1!” /sarc


20 posted on 09/07/2009 4:27:20 PM PDT by mombyprofession
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