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White House braces unemployed for slow job rebound (shrinking expectations)
AP on Yahoo ^ | 4/4/10 | Steven R. Hurst - ap

Posted on 04/04/2010 11:47:23 AM PDT by NormsRevenge

WASHINGTON – Buoyed by good news on the jobs front, the White House claimed credit Sunday for reversing the downward economic spiral while bracing out-of-work Americans for a slow recovery.

The Obama administration also eased away from confrontation with China over its artificially low currency. The U.S. wants to encourage Beijing's help on nuclear proliferation and new penalties against Iran for its perceived attempts to build a bomb.

Given the depth and length of the recession, the White House wants to cool expectations of a rapid economic recovery before the November elections that will determine whether Democrats retain control of the House and Senate.

The administration's line is that there's steady, if slow, progress in repairing the economic ruin President Barack Obama repeatedly blames on his predecessor, Republican George W. Bush.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Culture/Society; Government; Politics/Elections
KEYWORDS: braces; economy; job; obama; recovery; unemployed; whitehouse
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1 posted on 04/04/2010 11:47:23 AM PDT by NormsRevenge
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People watch from the windows of their apartments as US President Barack Obama arrives to attend Easter services at Allen Chapel African Methodist Episcopal Church in Washington. Obama attended an Easter worship service on Sunday in one of Washington's poorest communities, making an appearance at a historic black church founded during the American Civil War. (AFP/Nicholas Kamm)


2 posted on 04/04/2010 11:50:01 AM PDT by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Chuck DeVore - CA Senator. Believe.)
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To: NormsRevenge

Darned inconsiderate of those still unemployed for not finding jobs during this recovery.


3 posted on 04/04/2010 11:50:29 AM PDT by Huskrrrr
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To: NormsRevenge

It will be our turn in November. We’ll have the opportunity to put a bunch of politicians out of work.


4 posted on 04/04/2010 11:50:47 AM PDT by FlingWingFlyer (Help! I've been Alinskyed by the Obamanoids and I can't get up!)
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China's 100 Yuan, or Renminbi, notes. The United States Treasury Saturday
delayed a currency report, due later this month, that could accuse China of
currency manipulation. (AFP/File/Frederic J. Brown)


5 posted on 04/04/2010 11:51:19 AM PDT by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Chuck DeVore - CA Senator. Believe.)
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To: NormsRevenge

I am not a trained democrat party economist, but I am guessing the “Stimulus” bill is not going to prevent the Bush inherited 5% unemployment from going to 8% as promised.


6 posted on 04/04/2010 11:51:57 AM PDT by FormerACLUmember (The urge to save humanity is almost always a false front for the urge to rule. - H. L. Menken.)
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To: NormsRevenge

They’re soooooo poor that that they all seem to have satellite TV.


7 posted on 04/04/2010 11:53:03 AM PDT by Chet 99
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To: NormsRevenge

nice satellite dish...

8 posted on 04/04/2010 11:53:59 AM PDT by BookmanTheJanitor
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To: NormsRevenge

but the Bush “economic ruin” was almost completely due to the TARP

which the Washington Post last week wrote was a success


9 posted on 04/04/2010 11:54:47 AM PDT by silverleaf (Karl Marx was NOT one of America's Founding Fathers)
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To: NormsRevenge

We know times are tough. A lot of you are out of work.

That’s why we’re raising your taxes and requiring you to buy healthcare.

Have a nice day. :)


10 posted on 04/04/2010 11:57:41 AM PDT by Tzimisce (No thanks. We have enough government already. - The Tick)
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To: NormsRevenge

Bouyed by good news on the job front, Obama braces the unemployed for bad news on the job front.


11 posted on 04/04/2010 11:59:23 AM PDT by Right Brother
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To: NormsRevenge
But..but..buttttt...Nancy says health care will make an immediate (400,000 jobs)....could she be fibbing?
12 posted on 04/04/2010 12:02:23 PM PDT by yoe
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To: NormsRevenge

Check what you buy in a shopping center and you will know why we have endless unemployment in our future.


13 posted on 04/04/2010 12:02:50 PM PDT by ex-snook ("Above all things, truth beareth away the victory.")
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To: NormsRevenge

Like we need someone to prepare us for the “slow recovery.” What recovery? *Spit*


14 posted on 04/04/2010 12:03:47 PM PDT by fatnotlazy (Never forget!)
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To: BookmanTheJanitor

The right to HBO is in the Constitution


15 posted on 04/04/2010 12:06:38 PM PDT by Chet 99
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To: NormsRevenge

I thought Obama was going to stay home on Easter...his presence at church would be too distracting, or some horse pucky.

I should have known. He wouldn’t miss an opportunity for some shameless self-promotion.


16 posted on 04/04/2010 12:07:11 PM PDT by fatnotlazy (Never forget!)
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To: NormsRevenge
During the Bush administration the MSM hyperventilated over the slightest deviation in the economic course of the ship of state.

Now that the ship of state has struck the trillion dollar Obama iceberg and is headed into the depths of the sea, the MSM finds good news in the fact that it isn't sinking as rapidly as some feared.

17 posted on 04/04/2010 12:08:07 PM PDT by behzinlea
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To: BookmanTheJanitor

I’ll bet it’s hooked up to a big screen tv, complete with top of the line speakers.


18 posted on 04/04/2010 12:09:03 PM PDT by fatnotlazy (Never forget!)
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To: BookmanTheJanitor

Yeah, and if you look real close you can see a wire tapped-off the line and running under the balcony to the apartment below. I’m sure the salellite company set it up that way!


19 posted on 04/04/2010 12:55:19 PM PDT by USMA '71 ((Re-elect no one!))
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To: Chet 99

From what I read recently, so is high-speed internet connection.

Is this a great country, or what?


20 posted on 04/04/2010 1:05:41 PM PDT by Pining_4_TX
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