Posted on 04/19/2010 2:54:07 PM PDT by Steelfish
Obama on Global Rebalancing: Americans Are Not Going to Be in Same Position (Video) Jim Hoft April 19, 2010
Barack Obama admitted to the White House Meeting on Exports and Job Creation that America and American consumers will not be in the same position after the last several years. Obama also lectured China and Germany about exporting their goods to America.
This radical ACORN instructor is clueless on economic policy. Via BreitbartTV:
Barack Obama on his global rebalancing:
“You mentioned China, Germany, and some other countries, part of this global rebalancing is that they’re going to have to make some decisions as well about how they are approaching their domestic markets. And, part of the bargain I think we’re trying to strike within the G20 framework is that we’re trying to take on our responsibilities in terms of improving our savings rate(?). You, on the other hand, have to recognize that a purely export driven strategy of economic growth is not going to work. American consumers are just not going to be in the same position and the American government is not going to be in the same position that it’s been in over the last several years.”
(Excerpt) Read more at gatewaypundit.firstthings.com ...
FUBO!
FUBO
You beat me.
Book by apologist for US and CNN commentator- Fareed Zakaria
Obama, don’t forget -
The Mexican drug lords are going to have to stop selling America cocaine and marijuana, too!
The man is brilliant!
First post-American president.
Awarded the Nobel as a sign for Americans to continue to elect anti-American presidents.
Meaning Americans aren't going to be doing the same level of discretionery spending thats been fueling foreign economies in the past.
We'll be too busy "saving" our money for Uncle Sam.
FUBO!
What a freeking jackass he is!
What a freeking TRAITOR jackass he is.
(of course, traitor implies he’s one of us to begin with)
Ah, so now Barack thinks he runs Germany and China, too! Yeah, you tell ‘em, Barack! Tell ‘em how they must fix their domestic markets, because the King of the World has spoken!
What a complete joke. Our allies are aghast while our enemies are laughing IN OUR FACES. Nice job, El Presidente.
FUBO!
If we don’t retake Congress in the fall and put a stop to this @sshole, we’re doomed.
“Obama on Global Rebalancing: Americans Are Not Going to Be in Same Position”
0bama is boasting about his “accomplishments” to his anti-American (pro-0bama) base again.
He is right. The US is bankrupt. With close to 10% unemployment that will continue for years and higher taxes levied by Obamacare, cap and trade, etc., the American consumer will no longer have the discretionary income to buy consumer goods to the same level of consumption. Our standard of living will decline under the tax burden. The rest of the world can no longer count on us to be the engine of the global economy.
i’ll say it once and twice again FUBO stop trying to take down the USA
Go to hell BO scumbag.
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