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Obama: "I misunderstood the depth of the recession.".
Talking points memo ^
| July 6 2011
| Barack obama
Posted on 07/06/2011 8:58:45 PM PDT by GlockThe Vote
Obama: I Underestimated Magnitude Of The Recession Advertisements [?]
Source: Talking Points Memo
President Obama openly acknowledged underestimating the length and magnitude of the worst recession since the Great Depression in a response to a question during his Twitter town hall.
Always a tough question to answer, Obama was asked what mistakes he made in handling the economic crisis and what he would have done differently looking back on his first months in office.
Obama freely admitted that he would have tried to do a better job explaining "to the American people it was going to take a while to get out of this."
"Even I didn't realize the magnitude -- because most economists didn't realize the magnitude -- of the recession until" it was many months into his presidency, Obama said Wednesday.
Read more: http://tpmdc.talkingpointsmemo.com/2011/07/obama-i-unde...
(Excerpt) Read more at tpmdc.talkingpointsmemo.com ...
TOPICS: Business/Economy; History; Miscellaneous; Reference
KEYWORDS: malaise; obamalaise; obamanomics; prezflustercluck; stupidcommie; townhall; twitter
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To: tcrlaf
I just hope whoever runs against this lop is taking notes.
21
posted on
07/06/2011 9:17:10 PM PDT
by
GlockThe Vote
(The Obama Adminstration: The flash mob who wonÂ’t leave.)
To: GlockThe Vote
I’ve never seen DU so riled up at obama. Impressive.
22
posted on
07/06/2011 9:19:01 PM PDT
by
Kirkwood
(Zombie Hunter)
To: GlockThe Vote
It’s difficult to understand what’s really going on in the country that you’re supposedly leading when you spend all your time on vacation or on the golf course.
23
posted on
07/06/2011 9:19:08 PM PDT
by
khnyny
(Our government has become Hal in "2001 A Space Odyssey")
To: GlockThe Vote
From reading the DU posts at your link; it seems that the problem was all the right-wing, supply-side economists that Obama hand picked to advise him. Riiiight.
To: GlockThe Vote
The only thing more stupid than Obama is an electorate to that would vote in a man with a resume that would not fill a post card.
25
posted on
07/06/2011 9:20:28 PM PDT
by
oyez
(The difference in genius and stupidity is that genius has limits.)
To: GlockThe Vote
obama is running out of wars to try to distract us. I’ve lost count.
26
posted on
07/06/2011 9:22:33 PM PDT
by
Kirkwood
(Zombie Hunter)
To: GlockThe Vote
How could he underestimate the depth of the recession, I was told repeatedly he was a genius.
27
posted on
07/06/2011 9:23:04 PM PDT
by
DaxtonBrown
(HARRY: Money Mob & Influence (See my Expose on Reid on amazon.com written by me!))
To: USFRIENDINVICTORIA
Still funny to read though. I love when the dumpster melts down.
28
posted on
07/06/2011 9:24:21 PM PDT
by
GlockThe Vote
(The Obama Adminstration: The flash mob who wonÂ’t leave.)
To: DaxtonBrown
And he made it the entire focus of is damn campaign!
29
posted on
07/06/2011 9:25:21 PM PDT
by
GlockThe Vote
(The Obama Adminstration: The flash mob who wonÂ’t leave.)
To: GlockThe Vote
30
posted on
07/06/2011 9:26:09 PM PDT
by
scott7278
("...I have not changed Congress and how it operates the way I would have liked..." - BHO)
To: Kirkwood
They are melting down on a number of fronts tonight.
31
posted on
07/06/2011 9:27:25 PM PDT
by
GlockThe Vote
(The Obama Adminstration: The flash mob who wonÂ’t leave.)
Comment #32 Removed by Moderator
To: scott7278
33
posted on
07/06/2011 9:29:33 PM PDT
by
GlockThe Vote
(The Obama Adminstration: The flash mob who wonÂ’t leave.)
Comment #34 Removed by Moderator
To: GlockThe Vote
""Even I didn't realize the magnitude -- because most economists didn't realize the magnitude -- of the recession until" it was many months into his presidency, .." But damn that George Bush for not knowing, in advance, where it was going!!!
35
posted on
07/06/2011 9:31:00 PM PDT
by
cookcounty
(Would someone PLEASE give the President a calculator for his birthday???)
To: SAJ
WHAT????
You mean Academic Socialist Keynesian Economics Theory doesn’t work outside a Socialist classroom?
WHO’DATHUNKIT!
36
posted on
07/06/2011 9:39:05 PM PDT
by
tcrlaf
(You can only lead a lib to the Truth, you can't make it think...)
To: max americana
The dumpster is on fire tonight on about 5 different issues.
37
posted on
07/06/2011 9:40:55 PM PDT
by
GlockThe Vote
(The Obama Adminstration: The flash mob who wonÂ’t leave.)
To: GlockThe Vote
You know what zero....I never thought you understood it in the first place any more than you understand what to do now.
What you do know - or think you know - is how to make excuses for yourself so you don’t lose your ride on AF1.
Bastard!
38
posted on
07/06/2011 9:48:49 PM PDT
by
Aria
( "If we ever forget that we're one nation under God, then we will be a nation gone under.")
To: GlockThe Vote
Hope the Repubs. learn from this. You have to run a candidate with actual executive experience. That would likely mean a Governor. Look at who we have running and redline everyone who hasn't been a successful Governor for ideally two terms or more.
39
posted on
07/06/2011 9:48:56 PM PDT
by
marsh2
To: max americana
Yet; guilt-cool will get their vote again. LaL
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