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White House budget director says economy is 'weak'
AP ^ | March 8, 2009 | PHILIP ELLIOTT

Posted on 03/08/2009 7:32:08 PM PDT by smokingfrog

The White House's top budget official declared on Sunday that "fundamentally, the economy is weak" while saying the administration's own financial predictions could need a revision by midyear.

Peter Orszag, President Barack Obama's Office of Management and Budget director, said in television interviews that the economic downturn has been years in the making but cautioned that the new administration wasn't yet looking at a second economic stimulus package. Orszag said the already-in-place $787 billion stimulus should have a chance to work before officials ask Congress to consider a sequel.

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


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: amateurhour; bho44; bhoeconomy; bhoomg; captainobvious; idiot; incompetence; moron; onthejobtraining; orszag; zeronomics
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Duh! Tell me something I don't know.
1 posted on 03/08/2009 7:32:08 PM PDT by smokingfrog
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To: smokingfrog

2 posted on 03/08/2009 7:33:15 PM PDT by dfwgator (1996 2006 2008 - Good Things Come in Threes)
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To: smokingfrog

Even Stevie Wonder and Ray Charles can see that, idiot.


3 posted on 03/08/2009 7:34:08 PM PDT by max americana
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To: dfwgator

Nooooo. Really????


4 posted on 03/08/2009 7:34:10 PM PDT by GoCards
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To: smokingfrog
Who knew? Pansy-boy srikes again. He'll have more cred when his voice changes. Sheesh.
5 posted on 03/08/2009 7:35:51 PM PDT by hinckley buzzard
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To: smokingfrog

LEVENE

The leads are weak.

BLAKE

The leads are weak? The f*ckin leads are weak? You’re weak. I’ve been in this business fifteen years—

MOSS

What’s your name?

BLAKE

F*ck you, that’s my name.


6 posted on 03/08/2009 7:35:56 PM PDT by 2banana (My common ground with terrorists - they want to die for islam and we want to kill them)
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To: smokingfrog

7 posted on 03/08/2009 7:36:07 PM PDT by dighton
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To: smokingfrog
but cautioned that the new administration wasn't yet looking at a second economic stimulus package.

Time to move to Central America...

8 posted on 03/08/2009 7:36:26 PM PDT by John123 (The US may be going down the drain, but everyone else will drown first...)
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To: GoCards

Must be really good drugs at the White House


9 posted on 03/08/2009 7:36:35 PM PDT by scooby321
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To: smokingfrog
Calling Captain Obvious.

O’s Economic Team is simply not quite ready for Prime Time. Geithner, this joker and the ultimate weirdo, Romer actually frighten me. Just a bunch of Puppets.

10 posted on 03/08/2009 7:36:35 PM PDT by TCats
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To: smokingfrog

Hey Sherlock....are you just getting caught up on the news??


11 posted on 03/08/2009 7:37:00 PM PDT by Semper Mark (Communism is Socialism with a gun to your head.)
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To: smokingfrog

Captain Obvious


12 posted on 03/08/2009 7:37:01 PM PDT by FlyingEagle
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To: smokingfrog

And in other news, Generalisimo Francisco Franco is still dead and it has been determined that wrestling bears while coated with honey is dangerous.


13 posted on 03/08/2009 7:37:17 PM PDT by 50mm (My respect for zero has reached zero)
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To: smokingfrog

14 posted on 03/08/2009 7:37:26 PM PDT by Revolting cat! (Let us prey!)
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To: smokingfrog

“This isn’t the American economy I knew.”


15 posted on 03/08/2009 7:37:28 PM PDT by Extremely Extreme Extremist ("President Obama, your agenda is not new, it's not change, and it's not hope" - Rush Limbaugh 02/28)
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To: smokingfrog

Buffoons running the country now.


16 posted on 03/08/2009 7:38:14 PM PDT by Jet Jaguar (Atlas Shrugged Mode: ON)
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To: a fool in paradise

17 posted on 03/08/2009 7:39:38 PM PDT by Revolting cat! (Let us prey!)
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To: 2banana

18 posted on 03/08/2009 7:40:03 PM PDT by smokingfrog ( Dear Mr. Obama - Please make it rain candy! P.S. I like jelly beans.)
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To: smokingfrog

Be prepared for “SON OF PORKULUS” (blood dripping letters). Coming to a theater near you.


19 posted on 03/08/2009 7:40:25 PM PDT by Huskrrrr
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To: smokingfrog

NOOOOOOO!!! You don’t say!


20 posted on 03/08/2009 7:42:46 PM PDT by autumnraine (Freedom's just another word for nothing left to lose- Kris Kristoferrson VIVA LA REVOLUTION!)
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