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Obama: U.S. needs 'bottom-up economics'
UPI ^ | June 22, 2012

Posted on 06/22/2012 7:58:09 PM PDT by Free ThinkerNY

TAMPA, Fla., June 22 (UPI) -- U.S. President Barack Obama told a campaign rally in Florida Friday the country needs "some middle class-out economics, some bottom-up economics."

Speaking at Hillsborough Community College in Tampa, the president said the economy is growing, following the worst downturn since the Great Depression, "but it needs to grow faster."

He said what's holding back growth is "a stalemate between two fundamentally different views in Washington about which direction we should go in." He told his audience Republicans, including presumptive presidential nominee Mitt Romney, "believe that we should go back to the top-down economics of the last decade."

"They figure that if we simply eliminate regulations and cut taxes by trillions of dollars, then the market will solve all of our problems," Obama said.

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


TOPICS: News/Current Events
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1 posted on 06/22/2012 7:58:13 PM PDT by Free ThinkerNY
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To: Free ThinkerNY

I am not touching this one. Lets just say I almost choked on a drink of Pepsi...


2 posted on 06/22/2012 8:01:12 PM PDT by se_ohio_young_conservative
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Comment #3 Removed by Moderator

To: Free ThinkerNY

More and more two-faced deception. The “little people” and small business/solo proprietorships/family businesses cannot grow or prosper or hire people under the current regime’s tax and regulatory jackboot


4 posted on 06/22/2012 8:04:01 PM PDT by faithhopecharity
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To: Free ThinkerNY

Is this ANOTHER Jerry Sandusky thread??


5 posted on 06/22/2012 8:06:12 PM PDT by ClearCase_guy
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To: Free ThinkerNY

The first gay president, according to newsweek, wants a bottom-up economy. The jokes write themselves.


6 posted on 06/22/2012 8:06:30 PM PDT by Personal Responsibility (Behind enemy lines in the city where it's illegal to buy a Big Gulp)
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To: Free ThinkerNY

Bottoms-up economy, you say? Okay, I’ll go check whether the stinking bum downtown will give me a well-paying job with benefits.


7 posted on 06/22/2012 8:11:05 PM PDT by mvpel (Michael Pelletier)
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To: se_ohio_young_conservative
Bottoms up!
8 posted on 06/22/2012 8:11:38 PM PDT by Qout
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To: Free ThinkerNY

owebama must mean “trickle up poverty”.

More proof that he knows nothing - NOTHING - about how things work in the real world.


9 posted on 06/22/2012 8:14:26 PM PDT by 43north (BHO: 50% black, 50% white, 100% RED)
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To: Free ThinkerNY

10 posted on 06/22/2012 8:15:16 PM PDT by Brandonmark (2012: Our Hope IS Change!)
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To: 43north

The problem is over half the country is economically illiterate and agrees with him.


11 posted on 06/22/2012 8:15:55 PM PDT by comebacknewt (Newt (sigh) what could have been . . .)
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To: Abbeville Conservative

Is that ‘bottoms up’ facing Mecca?


12 posted on 06/22/2012 8:18:42 PM PDT by 353FMG
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To: Free ThinkerNY

So this means we should all be asking the bums on Skid Row for jobs I guess.

What a tool.


13 posted on 06/22/2012 8:19:03 PM PDT by Darnright ("I don't trust liberals, I trust conservatives." - Lucius Annaeus Seneca)
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To: Free ThinkerNY

Bottom up economics is a conservative fundamental cornerstone.I would love to hear Obama explain what it means in the traditional economic sense without a teleprompter.Obama has governed as a top down central planning leftist. Was Solyndra a bottom up success or a top down disaster? Did the market dictate its course on the ground level or did the government sustain this corporate zombie from the top without regard to the market? If he had run Bain Capital he would have known the answer. But as a community organizer it is all Greek to him. No pun intended.


14 posted on 06/22/2012 8:23:27 PM PDT by chuckee
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To: Free ThinkerNY

Another one of his sick down-low jokes????? Zero is one big evil joke.


15 posted on 06/22/2012 8:24:28 PM PDT by savagesusie (Right Reason According to Nature = Just Law)
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To: Free ThinkerNY

...as opposed to his usual brand of t***-up economics?


16 posted on 06/22/2012 8:27:30 PM PDT by Edward Teach
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To: Free ThinkerNY
Obama cautioned supporters that Republicans will "spend more money than we have ever seen in the history of the Republic" on political ads "telling you that the economy is bad, it's all my fault, and I can't fix it because government is always the answer, according to me."

"Or because I didn't make a lot of money in the private sector, or because I'm in over my head, or because I think everybody is doing just fine," the president said, eliciting laughter from the crowd.

He left out: Or because I'm a communist. Or because I hate the Constitution. Or because I'm a lying traitor. Or because I'm not even eligible to hold the office of President.

And those imbecilic tools will laugh and laugh and laugh.

17 posted on 06/22/2012 8:29:23 PM PDT by workerbee (We're not scared, Maobama -- we're pissed off!)
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To: Free ThinkerNY

Where have we heard this before?

How’s that Hope and Change Workin’ Out for You?
http://www.youtube.com/watch?feature=player_embedded&v=OvawHUvpvWc


18 posted on 06/22/2012 8:37:56 PM PDT by dajeeps
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To: Free ThinkerNY

Methinks this “bottoms up” theory was postulated by a certain woman with a “dump truck” ass.


19 posted on 06/22/2012 8:49:33 PM PDT by MisterArtery
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To: Free ThinkerNY
“Top down, bottom up, and inside out.” – Van Jones

“some middle class-out economics, some bottom-up economics.” -Obama

Middle class-out?

20 posted on 06/22/2012 8:51:06 PM PDT by empressword
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