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Keyword: obamaeconomyspeech

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  • Obama challenges GOP to accept corporate tax deal

    07/30/2013 2:24:11 PM PDT · by Olog-hai · 10 replies
    Associated Press ^ | Jul 30, 2013 5:14 PM EDT | Nedra Pickler
    President Barack Obama on Tuesday offered congressional Republicans a new corporate tax cut and jobs spending package he said might “help break through some of the political logjam in Washington,” only to have GOP lawmakers immediately throw cold water on the idea. The announcement and quick rejection underscored how elusive common ground is between the Democratic White House and Republicans in Congress on fiscal issues. The divide was particularly stark on the corporate tax proposal given that both parties generally have supported overhauling the code for businesses, though the White House and Republicans have differed on specifics. … The U.S....
  • Local paper ahead of Obama’s visit: “Take your jobs plan and shove it” (Chattanooga, Tennessee)

    07/30/2013 1:11:17 PM PDT · by SeekAndFind · 10 replies
    Hotair ^ | 07/30/2013 | Erika Johnsen
    As I’m writing this, President Obama is doing his usual economic grandstanding routine in Chattanooga, Tennessee — and considering that Amazon just announced that they’re going on an epic hiring spree, their local Chattanooga warehouse is making a mighty convenient backdrop for the president jobs-oriented speech. The president is going on and on about “the ingredients we need” for good jobs, and all of his latest Keynesian stimulus ideas for economic growth, and talking up America’s need to “invest” in the jobs and infrastructure of the future.Funnily enough, courtesy of Obama’s first and biggest round of what we were promised...
  • Obama Says Income Gap Is Fraying U.S. Social Fabric

    07/28/2013 12:33:30 AM PDT · by 2ndDivisionVet · 41 replies
    The New York Times ^ | July 27, 2013 | Jackie Calmes and Michael D. Shear
    GALESBURG, Ill. — In a week when he tried to focus attention on the struggles of the middle class, President Obama said in an interview that he was worried that years of widening income inequality and the lingering effects of the financial crisis had frayed the country’s social fabric and undermined Americans’ belief in opportunity. Upward mobility, Mr. Obama said in a 40-minute interview with The New York Times, “was part and parcel of who we were as Americans.” “And that’s what’s been eroding over the last 20, 30 years, well before the financial crisis,” he added. “If we don’t...
  • Is This The Recovery Obama (And Jack Lew) Is Talking About?

    07/28/2013 8:43:15 AM PDT · by Perdogg · 15 replies
    Zero hedge ^ | Submitted by Tyler Durden on 07/27/2013 20:41 -0400
    Obama: "...the economy is far stronger now than it was four and a half years ago." ...as long as one ignores the reality of the following chart... We've seen macro "Hope" and micro "Reality", but for the man in the street, it would appear from the chart above that the trajectory for 'recovery' green shoots is decidedly down and getting worse... even as the President tells the American public they are so much better off... (h/t @Not_Jim_Cramer)
  • Obama’s “Economy Is Far Stronger Than 5 Years Ago” Fairytale (But Tied The Room Together!)

    07/28/2013 9:17:13 AM PDT · by whitedog57 · 9 replies
    Confounded Interest ^ | 07/28/2013 | Anthony B. Sanders
    President Obama gave a series of rousing speeches on college campuses last week, touting the miraculous economic growth since he became President. Obama: “…the economy is far stronger now than it was four and a half years ago.“ True, unemployment has improved since President Obama became President. But not for 16-19 year olds. unemp1619a Or African-Americans. Actually, the unemployment rates for African-Americans is HIGHER today than when President Obama took office. blackuenmploy Real personal income growth has been collapsing since the late 1960s, but has gone negative recently. 20130727_income Real GDP growth? Sort of like Jeff Goldblum in Independence Day...
  • Obama speaking in Jacksonville

    07/25/2013 12:02:20 PM PDT · by don-o · 24 replies
    The White House ^ | July 25, 2013 | don-o
    I need to report that he is still an idiot.
  • President Alinsky Threatens Americans with Rising ‘Social Tensions’

    07/24/2013 7:01:03 PM PDT · by jazusamo · 30 replies
    PJ Media ^ | July 24, 2013 | J. Christian Adams
    You can take the community organizer out of the South Side, but you can’t take the community organizer out of the community organizer. Today, America heard threats from the increasingly predictable President Alinsky. “The position of the middle class will erode further,” Mr. Obama said. “Inequality will continue to increase, money’s power will distort our politics even more. Social tensions will rise, as various groups fight to hold on to what they have, start blaming somebody else for why their position isn’t improving. That’s not the America we know.” This is standard-fare Das Kapital by Karl Marx. Obama doesn’t even...
  • 10 missteps Obama made at Knox Commentary: Shaming, threats and spending

    07/26/2013 9:24:21 AM PDT · by illiac · 4 replies
    MarketWatch ^ | 7/26/13 | Diana Furchtgott-Roth
    President Obama’s economic hour-long speech at Knox College in Galesburg, Ill., on Wednesday was scary, not just for its statements, but for what some characterize as disregard of the rule of law. Obama made yet another case for government spending — which he calls “investment” — on infrastructure, education, and health care. Then he threatened to use executive power or public shaming to move his agenda if Congress failed to act. Politicians have a right to make their case, but not to make an end run around the law. Yet Obama said “I will not allow gridlock or inaction or...
  • Obama Offers Up More Of The Same: division, polarization and moving to the left.

    07/25/2013 7:50:38 PM PDT · by Innovative · 15 replies
    Forbes ^ | July 24, 2013 | Doug Schoen
    Obama doubled down on his approach in 2012: division, polarization and moving to the left. Much like in 2012, the President placed little emphasis on tax reform or growth. The President emphasized redistribution above all else, but with, again, no long-term plan as to how he would finally make this approach an effective one.
  • Obama: Reporters tell me my ideas are 'great'

    07/25/2013 9:33:28 AM PDT · by Nachum · 84 replies
    The Hill ^ | 7/25/13 | Daniel Strauss
    President Obama said reporters praise his economic proposals as “great” and tell him they are “all good ideas.” Obama made the remarks in a speech Wednesday in Galesburg, Ill., focused on the economy. The address didn’t include any new proposals on the economy, and Republicans criticized Obama for giving an address that was more of the same. But Obama said the news media often praises his ideas. "It’s interesting, in the run-up to this speech, a lot of reporters say that, well, Mr. President, these are all good ideas, but some of you’ve said before; some of them sound great,...
  • Obama’s Economic Speech In Illinois As Prepared For Delivery (Returns to Campaign Mode, Same Old...)

    07/24/2013 11:25:27 AM PDT · by xzins · 33 replies
    TPM ^ | 24 Jul 13 | Obama
    ....clip Let me give you a quick preview of what I’ll be fighting for and why. The first cornerstone of a strong and growing middle class has to be an economy that generates more good jobs in durable, growing industries. Over the past four years, for the first time since the 1990s, the number of American manufacturing jobs hasn’t gone down; they’ve gone up. But we can do more. So I’ll push new initiatives to help more manufacturers bring more jobs back to America. We’ll continue to focus on strategies to create good jobs in wind, solar, and natural gas...
  • Obama: Washington took its eye off economic ball ["phony scandals" and "stale debates."]

    07/24/2013 10:40:32 AM PDT · by Sub-Driver · 55 replies
    Obama: Washington took its eye off economic ball Associated Press DARLENE SUPERVILLE 12 minutes ago PoliticsBarack Obama GALESBURG, Ill. (AP) — President Barack Obama is accusing Washington of taking "its eye off the ball" and getting distracted from the economy. The president is trying to refocus debate on pocketbook concerns after months that have been dominated by what he calls "phony scandals" and "stale debates." Obama's remarks come in a speech he's giving Illinois' Knox College. That school was the site of his first major economic address as a U.S. senator eight years ago. Wednesday's speech includes no new policy...
  • Live Thread: Obama's speech on the economy (something old, borrowed, blue... nothing new)

    07/24/2013 10:08:25 AM PDT · by ken5050 · 57 replies
    MSM
    I figured somebody had to do it...fire away
  • Admiral Kuznetsov Defends George Soros

    06/10/2012 4:28:18 AM PDT · by Kaslin · 2 replies
    Townhall.com ^ | June 10, 2012 | John Ransom
    Jasch wrote: There's a difference between saving jobs and creating them. The GM/Chrysler bailouts simply put....just saved the companies from bankruptcy and lay-offs. - Obama is Latest Surrogate to Break with ObamaDear Jasch,Actually the bailout did neither.Chrysler and GM still filed for bankruptcy and workers got laid off. Of course the only workers who got rehired were workers who were part of the UAW. All the non-UAW people were left out in the cold.As to the bankruptcy, the government insisted on the bankruptcy because it was the easiest way to screw the secured creditors and turn over the companies to...
  • Obama's love affair with government

    06/10/2012 6:37:59 AM PDT · by Innovative · 25 replies
    Washington Post ^ | June 10, 2012 | Jennifer Rubin
    The president's news conference belly-flop Friday was a killer on two levels. Obviously, the private sector is not doing fine, as Obama admitted later in the day when he tried to walk back the remark. (But if it's not doing fine is he to blame? No! That's 2E and 2F.) But the rest of his message - that it's good to keep growing the public sector - won't be walked back. That is what he believes and why his comments, coupled with Wisconsin Gov. Scott Walker's victory in last week's recall election, spell big trouble for him. President Obama seems...
  • Uninspiring Obama press conference

    06/08/2012 8:58:49 AM PDT · by Kozy · 38 replies
    self | 06/07/2012 | Kozy
    Painfully watched Obama's press conference this morning. The most uninspiring one possible from a most uninspiring individual. The conference had no purpose, no direction no call to action. America wants a president to lead, Obama can't lead. He tried to talk about econopmy, Europe, classified leads but no course of action. He should have said these are the three items we are going to work on in the next 90 days, extension of the Bush tax cuts, increasing the supply and lowering the cost of oil to natural grow the economy and the suspension of all rules and regulations on...
  • Obama: "The Private Sector Is Doing Fine"

    06/08/2012 9:02:51 AM PDT · by Beave Meister · 40 replies
    Question: What about the Republicans saying that you're blaming the Europeans for the failures of your own policies? President Obama: The truth of the matter is that, as I said, we created 4.3 million jobs over the last 27 months, over 800,000 just this year alone. The private sector is doing fine. Where we're seeing weaknesses in our economy have to do with state and local government. Oftentimes cuts initiated by, you know, Governors or mayors who are not getting the kind of help that they have in the past from the federal government and who don't have the same...
  • POTUS: WH leak accusations 'offensive'

    06/08/2012 9:03:04 AM PDT · by Nachum · 43 replies
    Politico ^ | 6/8/12 | DYLAN BYERS
    President Obama has shot back against accusations that White House officials leaked high-level national security information to the New York Times, calling the charges "offensive" and "wrong." "The notion that my White House would purposely release classified national security information is offensive. It's wrong," he said during a press conference this morning. "People I think need to have a better sense of how I approach this office and how the people around me approach this office." The President's remarks follow accusations made earlier this week by Sen. John McCain and other Senate Republicans that the White House had leaked information...
  • Obamugabe 1 Hour Campaign Commercial at 10:15 on networks Live Thread

    06/08/2012 6:14:39 AM PDT · by SoFloFreeper · 175 replies
    Fox, etc. | 6/8/12 | Axelrod, Plouff, Obamugabe
    Live thread for Obamugabe's campaign commercial masquerading as a news conference.