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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
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To: Polybius

good ad!


21 posted on 07/06/2011 10:40:58 PM PDT by television is just wrong
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To: GlockThe Vote

Thanks for the link: Just for chuckles, I registered at DU and posted this: “I’d like to hear what 0bama talks about with his golfing buddies.....stuff that never makes it to the teleprompters” - wonder if their carrion chewing censors will let that one pass:)


22 posted on 07/06/2011 10:58:32 PM PDT by Post Toasties (Leftists give insanity a bad name.)
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To: Post Toasties

23 posted on 07/06/2011 11:10:41 PM PDT by Uncle Miltie (Gore Lauds Romney on Climate Position; 0bamaCare was based on RomneyCare.)
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To: GlockThe Vote

Obama: I Underestimated Magnitude Of The Recession

I have zero doubt that it was predicted Obozo would say this on this site, before he even took the oath of office


24 posted on 07/07/2011 4:14:55 AM PDT by TalBlack ( Evil doesn't have a day job.)
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To: GlockThe Vote
face palm from a monkey; that's pretty pathetic
25 posted on 07/07/2011 4:16:29 AM PDT by Oceander (The phrase "good enough for government work" is not meant as a compliment)
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To: GlockThe Vote
Obama: I Underestimated

We're just lucky that he didn't misunderstimate things the way George Boosh did.

26 posted on 07/07/2011 4:18:21 AM PDT by jrushing (Anti-American-ProTerrorist-Coward-Fascist-Communist-Socialist-Democratic Party)
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To: GlockThe Vote

He sounds more and more like “Alibi Ike” every day.


27 posted on 07/07/2011 4:19:50 AM PDT by csmusaret (If abortion is a choice, let the fetus decide.)
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To: csmusaret

The longer Obama is in office, the more stuff comes into the house to destroy us. Obama was hired to be a door stop. His words are meaningless. He neither knows or cares about America. He needs to be impeached and put on the defensive or we will be fighting for our lives against every evil on earth.


28 posted on 07/07/2011 4:28:52 AM PDT by x_plus_one (Obama's legacy: Trashing the North American continent into a third world hell hole.)
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To: TalBlack

He is the gaffe machine.


29 posted on 07/07/2011 4:39:55 AM PDT by GlockThe Vote (The Obama Adminstration: The flash mob who wonÂ’t leave.)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

thanks GlockThe Vote.
http://www.freerepublic.com/focus/chat/2744947/posts


30 posted on 07/07/2011 4:48:16 AM PDT by SunkenCiv (Yes, as a matter of fact, it is that time again -- https://secure.freerepublic.com/donate/)
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To: GlockThe Vote

Remember, Citizen:

nobama hates you, hates your family, hates Free America, hates Americans, hates the Constitution and hates the Bill of Rights. nobama is a hate crime foisted upon America. nobama is the Destroyer.

Everything nobama does in intentional.

God help us all.


31 posted on 07/07/2011 4:51:24 AM PDT by hal ogen ( of Rights.)
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To: GlockThe Vote

I swear, the next time that bastard admits he made a mistake or did something wrong in his life will be the first. Narcissism to the extreme.


32 posted on 07/07/2011 4:51:54 AM PDT by Marathoner (563 days to go until the Marxist leaves office: Can we make it?)
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