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Obama: Unemployment to rise, need faster spending
breitbart ^ | 6/23/09

Posted on 06/23/2009 3:16:32 PM PDT by Nachum

WASHINGTON (AP) - Amid rising public impatience with an economy now under his watch, President Barack Obama on Tuesday said his administration needs to push money out faster to initiate a recovery and conceded that unemployment would rise above 10 percent. "People are going through a very tough time right now," Obama said at a White House news conference. "And I don't expect them to be satisfied."

For the second time in a month, Obama voiced unease over the results of a $787 billion economic stimulus that he pressed Congress to pass as one of his first acts as president.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: bho44; bhoeconomy; layoffs; need; obama; rise; stimulusii; unemployment
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1 posted on 06/23/2009 3:16:32 PM PDT by Nachum
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To: SumProVita; HardStarboard; BradyLS; Ernest_at_the_Beach; dervish; Twotone; Free ThinkerNY; ...

The list, ping


2 posted on 06/23/2009 3:17:08 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum

What a jackass.


3 posted on 06/23/2009 3:19:25 PM PDT by TLEIBY308 (Keep yer powder dry and watch yer top Knot.)
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To: Nachum

Of course, Boy King doesn’t want anyone to see that the only NEW and SAVED jobs are those in the U.S. Government - jobs paid for by taxing the private sector.

He’s also beginning to see that he’s not going to be able to blame the previous administration much longer - sure TARP and the bailouts were a mistake, but his “I GOTTA HAVE IT” Porkulus was supposed to CURE everything. And only made it worse.


4 posted on 06/23/2009 3:19:31 PM PDT by Right Cal Gal (Abraham Lincoln would have let Berkeley leave the Union without a fight)
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To: Nachum

One of the tenets of liberalism: Keep spending money until the problem is “solved”.


5 posted on 06/23/2009 3:19:46 PM PDT by Signalman
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To: Nachum

Let them eat wagyu and Dom Perignon. Baby arugula grown in two weeks. Maybe white asgaragus with goat cheese. White truffles in lobster bisque.

On our dime.

Let the chefs be flown in from France Michelin IV or V star restaurants. Better yet. Fly there with a 500 person posse.


6 posted on 06/23/2009 3:20:56 PM PDT by combat_boots (“No heresy, no wickedness, not even the devil himself, can succeed without first counterfeiting goo)
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To: Nachum

He named the jobs that were supposedly saved...all government...UNION!!!!!!!!!


7 posted on 06/23/2009 3:21:41 PM PDT by Sacajaweau
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To: combat_boots

Let them play mucho golf.


8 posted on 06/23/2009 3:22:04 PM PDT by livius
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What a naïve fool or outright fraud we have for a president.


9 posted on 06/23/2009 3:23:00 PM PDT by eureka! (Elections have consequences, boy howdy. *sigh*)
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To: Nachum

Fool me once....

(Actually, he didn’t fool me at all.)


10 posted on 06/23/2009 3:23:48 PM PDT by NewHampshireDuo
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To: Nachum

“This damn hole keeps getting bigger. Dig faster.”


11 posted on 06/23/2009 3:24:10 PM PDT by Lou Budvis (Palin Nation = Reagan Country.)
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To: Nachum

Stop the spending and get the depression under way!!!!


12 posted on 06/23/2009 3:24:16 PM PDT by dalereed
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To: Nachum
For the second time in a month, Obama voiced unease over the results of a $787 billion economic stimulus that he pressed Congress to pass as one of his first acts as president.

Heaven forbid those crooks should try Supply Side economics.

13 posted on 06/23/2009 3:25:28 PM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: Nachum

Special Olympian President.


14 posted on 06/23/2009 3:26:29 PM PDT by Recovering_Democrat (I'm SO glad I no longer belong to the party of Dependence on Government!)
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To: TLEIBY308
Photobucket
15 posted on 06/23/2009 3:26:45 PM PDT by greyfoxx39 (If Tehran offered an unclenched fist, Obama would be shaking a bloody hand and calling it good.)
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To: Nachum

16 posted on 06/23/2009 3:28:38 PM PDT by Recovering_Democrat (I'm SO glad I no longer belong to the party of Dependence on Government!)
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To: Nachum

Obama: Unemplyoment to Rise, Need More Spending
Obama: Unemployment to Fall, Need More Spending
Obama: Interest Rates to Rise, Need More Spending
Obama: Interest Rates to Fall, Need More Spending
Obama: Economy Sinks, Need More Spending
Obama: Economy Recovers, Need More Spending
Obama: [Fill in the Blank], Need More Spending


17 posted on 06/23/2009 3:32:13 PM PDT by WashingtonSource
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To: Nachum

Cut taxes you Marxist schmuck!


18 posted on 06/23/2009 3:43:07 PM PDT by Hoosier-Daddy ("It does no good to be a super power if you have to worry what the neighbors think." BuffaloJack)
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To: Nachum

Pelosi, Reed, and Obama are getting Stimulus II ready to go.


19 posted on 06/23/2009 3:43:41 PM PDT by Thunder90
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To: All

I read stuff like this and can’t help but chuckle a little, because I warned many that I know who voted for this clown that this exactly what would happen.

Said it before and I’ll say it again, Amerika you reap what you sow...


20 posted on 06/23/2009 4:11:20 PM PDT by The Magical Mischief Tour
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