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Obama Touts Good Economic News, Yet Warns More Job Loss to Come
ABCNews ^ | October 31st 2009

Posted on 10/31/2009 6:11:41 PM PDT by Steelfish

Obama Touts Good Economic News, Yet Warns More Job Loss to Come

October 31, 2009

ABC News' Jordyn Phelps and Sunlen Miller report:

President Obama touted good news in the economic recovery in his weekly address, pointing to Thursday’s report that GDP has grown for the first time in over a year and credited his administration in helping to bring about a conclusion to the current economic recession.

“We can see clearly now that the steps my administration is taking are making a difference, blunting the worst of this recession and helping to bring about its conclusion,” the president said in his weekly address.

While President Obama was cautiously optimistic, noting the 3.5 percent GDP growth in the third quarter means little to those who are still unemployed, he said “we will not stop” until the United States achieves a complete economic recovery.

“Economic growth is no substitute for job growth,” Obama said. “And we will likely see further job losses in the coming days, a fact that is both troubling for our economy and heartbreaking for the men and women who suddenly find themselves out of work.”

(Excerpt) Read more at blogs.abcnews.com ...


TOPICS: Business/Economy; Chit/Chat; Politics
KEYWORDS: clairemccaskill; congress; democrat; dennismoore; healthcare; ikeskelton; kansas; lacyclay; missouri; senate

1 posted on 10/31/2009 6:11:42 PM PDT by Steelfish
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To: Steelfish

““And we will likely see further job losses in the coming days,”.....which YOU and YOUR COMRADES are CAUSING!

So shut up about your administration helping the economy.

IT HAS NOT!


2 posted on 10/31/2009 6:16:38 PM PDT by Freedom'sWorthIt (Obama's Deathcare ---- many will suffer and/or die unnecessarily.)
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To: Steelfish

3 posted on 10/31/2009 6:18:09 PM PDT by Nateman (If liberals aren't screaming you're doing it wrong.)
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To: Steelfish

“We can see clearly now , uhuhuhuhuh that the steps my administration is taking ,uhuhuhuh are making a difference, blunting the worst of this recession ,And ah and ah, and helping to bring about its conclusion,” the president said in his weekly address.

Tell that that to two of my boys that are struggling ,dipstick.

I know what they’d tell you. UhhUhh or AhhAhhas, If , Ands or Buts not allowed.

Kiss my Jack!


4 posted on 10/31/2009 6:32:31 PM PDT by silentreignofheroes
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To: Steelfish

We have laid off about 50 postions of 240 employees. down to 190 and falling perhaps another 50 before the end of December. If Health care passes that figure might be another 50 since we donÂ’t have any business to support current sales volume. I hope My Missouri and Kansas Folks are reading this. Claire McCaskill and Lacy Clay, Dennis Moore pay attention as you and the democratic party are killing American small business.


5 posted on 10/31/2009 6:35:02 PM PDT by ncfool (Obama Bare fisted Politican at home. Pantywaist VS. Real thugs abroad.)
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To: Steelfish
I guess he didn't notice that responsible observers totally deconstructed his fraudulent GDP report. By Friday afternoon the markets had rendered their verdict. Guilty. Of malfeasance.
6 posted on 10/31/2009 6:45:28 PM PDT by hinckley buzzard
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To: Steelfish

Is anything coming out of DC not Orwellian these days?


7 posted on 10/31/2009 6:49:41 PM PDT by stevem
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To: Steelfish

Good news, everybody! Plutonium is 10 times more effective than Viagra! It does have the side effect of killing you in 48-72 hours, but that’s just a small detail...

BETTER THAN VIAGRA!


8 posted on 10/31/2009 7:24:14 PM PDT by PugetSoundSoldier (Indignation over the sting of truth is the defense of the indefensible.)
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To: Steelfish

No one cares what the liar says anymore. He’ll be puttering about the Rose Garden like Jimmah soon enough. Irrelevant.


9 posted on 10/31/2009 9:01:53 PM PDT by VRWC For Truth (Throw the bums out who vote yes on the bail out)
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