Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Obama: "I misunderstood the depth of the recession.".
Talking points memo ^ | July 6 2011 | Barack obama

Posted on 07/06/2011 8:58:40 PM PDT by GlockThe Vote

Obama: I Underestimated Magnitude Of The Recession        Advertisements [?]

  Source: Talking Points Memo

President Obama openly acknowledged underestimating the length and magnitude of the worst recession since the Great Depression in a response to a question during his Twitter town hall.

Always a tough question to answer, Obama was asked what mistakes he made in handling the economic crisis and what he would have done differently looking back on his first months in office.

Obama freely admitted that he would have tried to do a better job explaining "to the American people it was going to take a while to get out of this."

"Even I didn't realize the magnitude -- because most economists didn't realize the magnitude -- of the recession until" it was many months into his presidency, Obama said Wednesday.

Read more: http://tpmdc.talkingpointsmemo.com/2011/07/obama-i-unde...

(Excerpt) Read more at tpmdc.talkingpointsmemo.com ...


TOPICS: Business/Economy; History; Miscellaneous; Reference
KEYWORDS: blamebush; obama; obamafail; recession
Navigation: use the links below to view more comments.
first 1-2021-32 next last
What a joke. Resign!
1 posted on 07/06/2011 8:58:47 PM PDT by GlockThe Vote
[ Post Reply | Private Reply | View Replies]

To: GlockThe Vote

What difference does it make what Zero thinks? He was going to make things worse with his misguided economic policies, regardless.


2 posted on 07/06/2011 9:02:05 PM PDT by Post Toasties (Leftists give insanity a bad name.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GlockThe Vote

What difference does it make what Zero thinks? He was going to make things worse with his misguided economic policies, regardless.


3 posted on 07/06/2011 9:02:20 PM PDT by Post Toasties (Leftists give insanity a bad name.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GlockThe Vote

Conversely, I did NOT misunderstand the depth of your arrogant RaceMarxism.

From the beginning......


4 posted on 07/06/2011 9:04:15 PM PDT by EyeGuy (2012: When the Levee Breaks)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Post Toasties

Check this out. Ha ha ha ha.

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=4909023&mesg_id=4909023


5 posted on 07/06/2011 9:04:41 PM PDT by GlockThe Vote (The Obama Adminstration: The flash mob who wonÂ’t leave.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: EyeGuy

Had he listened to schiff, Ron Paul, Peter morici, marc faber, etc instead of big ben, Timmy, summers, rubin, we would have been far better off.


6 posted on 07/06/2011 9:06:24 PM PDT by GlockThe Vote (The Obama Adminstration: The flash mob who wonÂ’t leave.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: GlockThe Vote
Obama freely admitted that he would have tried to do a better job explaining "to the American people it was going to take a while to get out of this."

IIRC that is what he said, until the Summer of Recovery, which was a year ago. How can the messiah and one of the smartest people on the planet get it wrong?

7 posted on 07/06/2011 9:10:16 PM PDT by Moonman62 (The US has become a government with a country, rather than a country with a government.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GlockThe Vote

FUBO!!!!!!!!


8 posted on 07/06/2011 9:10:18 PM PDT by Batman11 (Obama's poll numbers are so low the Kenyans are claiming he was born in the USA!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GlockThe Vote

Lol!!!


9 posted on 07/06/2011 9:12:55 PM PDT by cmsgop ( The left always accuses the right for the sins of the left. from FReeper Just Lori, RIP)
[ Post Reply | Private Reply | To 5 | View Replies]

To: GlockThe Vote
Obama: "I misunderstood the depth of the recession.".

GOP campaign commercial, October 2012:

No previous executive experience.

No competence.

No understanding.

No second term.

10 posted on 07/06/2011 9:15:18 PM PDT by Polybius
[ Post Reply | Private Reply | To 1 | View Replies]

To: GlockThe Vote
Anybody who voted in favor of that TARP BS gets no pass from me.

And then Oboingo's stupid "stimulus packages" made it much worse.

And he knows it.

11 posted on 07/06/2011 9:16:47 PM PDT by Allegra (Hey! Stop looking at my tagline like that.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GlockThe Vote

How could he? He CREATED the damn thing!


12 posted on 07/06/2011 9:18:26 PM PDT by cableguymn
[ Post Reply | Private Reply | To 1 | View Replies]

To: Allegra

Not to mention obamacare, cap n trade, card check, NLRB , EPA, Dodd frank, etc etc etc.


13 posted on 07/06/2011 9:18:51 PM PDT by GlockThe Vote (The Obama Adminstration: The flash mob who wonÂ’t leave.)
[ Post Reply | Private Reply | To 11 | View Replies]

To: GlockThe Vote

Yeah, that was real likely from the Ivy League collectivist and career bureaucrat.


14 posted on 07/06/2011 9:24:58 PM PDT by EyeGuy (2012: When the Levee Breaks)
[ Post Reply | Private Reply | To 6 | View Replies]

To: GlockThe Vote

http://tpmdc.talkingpointsmemo.com/2011/07/obama-i-underestimated-magnitude-of-the-recession.php#more


15 posted on 07/06/2011 9:27:06 PM PDT by scott7278 ("...I have not changed Congress and how it operates the way I would have liked..." - BHO)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GlockThe Vote

Meaning:

“I didn’t realize how badly George Bush %@%#ed things up”\
“I wasn’t aware of how big of a mess we inherited”
“I didn’t know deep the ditch was that Bush drove the car into”.

Etc. Ad Nauseum.

It’s why we call him “Zero”.


16 posted on 07/06/2011 9:27:21 PM PDT by bigbob
[ Post Reply | Private Reply | To 1 | View Replies]

To: GlockThe Vote

[ Obama: “I misunderstood the depth of the recession.”. ]

Well Duuugh.. course it could be argued he purposely planned a strategy to make it worse...
ITS CALLED CLOWARD-PIVEN TACTICS..


17 posted on 07/06/2011 9:27:37 PM PDT by hosepipe (This propaganda has been edited to include some fully orbed hyperbole...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GlockThe Vote
Obama freely admitted that he would have tried to do a better job explaining "to the American people it was going to take a while to get out of this."

"Even I didn't realize the magnitude


Why should you have done a better job explaining it was going to take a while, if you didn't initially think it was going to take a while?
18 posted on 07/06/2011 9:29:04 PM PDT by andyk (Interstate != Intrastate)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GlockThe Vote

There wasn’t any recession until he took over and then he turned it into a depression regardless of what lies the MSM tells to help him out. The only thing he misjudged was the reaction of people to losing their jobs after he took office, he thought people would continue to blame Bush and the republicans.


19 posted on 07/06/2011 9:31:20 PM PDT by calex59
[ Post Reply | Private Reply | To 1 | View Replies]

To: calex59

Can the mods merge this with the other thread that got posted by accident?


20 posted on 07/06/2011 9:38:59 PM PDT by GlockThe Vote (The Obama Adminstration: The flash mob who wonÂ’t leave.)
[ Post Reply | Private Reply | To 19 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-32 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson