Posted on 06/08/2012 4:24:45 PM PDT by Sub-Driver
Obama: The 'Weaknesses In Our Economy' Are Due to Cuts in State and Local Gov't By Fred Lucas June 8, 2012
(CNSNews.com) President Barack Obama said today that the private sector is doing fine but that the economy is suffering because of cuts in state and local government.
The private sector is doing fine, Obama said at a press conference on Friday. Where were seeing weaknesses in our economy, have to do with state and local government -- oftentimes, cuts initiated by governors or mayors who are not getting the kind of help that they have in the past from the federal government and who dont have the same kind of flexibility as the federal government in dealing with fewer revenues coming in.
State and local leaders were not the only ones to blame for a bad economy, as the president also blamed Republicans in Congress.
If Republicans want to be helpful, if they really want to move forward, and put people back to work, what they should be thinking about is, How do we help state and local governments and how do we help the construction industry? Obama said. Because the recipes that theyre promoting are basically the kinds of policies that would add weakness to the economy, would result in further layoffs, would not provide relief in the housing market, and would result I think most economists would estimate in lower growth.
Obamas remarks about not enough state employees comes the same week that Wisconsin Gov. Scott Walker, a Republican, survived a union-backed recall election because he curbed some of the state employee benefits and collective bargaining rules. Walker won the recall by a 9 percent margin, 54 to 45 percent.
(Excerpt) Read more at cnsnews.com ...
So it`s not kiosks, ATMs, tsunamis, Europe or greed this week? Wow Barky, you`re tough to track. Next week it`ll be sunspots, Somali pirates and Barney.
Yep.. many simply feel sorry for him.
State and local governments, eh?
Sounds like someone found a long-lost stash of blow.
Folks tend not to bite the hand that feeds them, just as they tend not to care at whose expense their meals are being delivered.
That is the true reason why folks tend to break the political bands that had previously connected them. Not because of their rulers but because they don’t agree and can’t otherwise trust each other to leave one anther alone.(Usually because one side has no intention of leaving the other alone.)
That is the real reason our forefathers had to secede from the British Empire. The people of Britain could no longer be trusted to respect our rights.
I'm sorry American voters are so stupid.
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