Posted on 07/07/2009 11:13:58 AM PDT by freespirited
Nothing may be more important to public assessments of President Obama's leadership than the state of the economy and at this point there are political warning lights flashing....
The administration is trying to dampen down talk that they didn't get it quite right. Vice President Biden opened the door to questions on Sunday, telling ABC's George Stephanopoulos, "We and everyone else misread the economy." But he insisted that the stimulus applied "is the right package given the circumstances we're in"
Obama, in Moscow, tried to modulate the impact of the vice president's words that the administration had somehow miscalculated. "No, no, no, no, no," he told NBC's Chuck Todd. "Rather than say misread, we had incomplete information."
What both Obama and Biden were trying to explain away was the dissonance between their early assurances that the big stimulus package would hold the unemployment rate to around 8 percent with Thursday's report showing it at 9.5 percent. The jobless rate is expected to rise further in the months to come...
It is hard to square an assessment that the administration underestimated the severity of the recession and the assertion that the White House wouldn't have done anything different had it known how bad things really were...
A recent Washington Post-ABC News poll recorded a noticeable decline in the percentage of people who said they believed the stimulus package had or would work...
On Tuesday came another, perhaps more troublesome, signal of disenchantment with the president's policies, in a survey of attitudes in the state of Ohio by Quinnipiac University. In the past two months, Obama's overall approval rating dropped from 62 percent to 49 percent. His economic approval rating also fell, from 57 percent to 46 percent (to 48 percent who said they now disapprove). ...
(Excerpt) Read more at voices.washingtonpost.com ...
Apparently, Uncle Joe doesn't read FR.
They didn’t mis-read anything. As Peter Schiff has stated, if they want to trash our economy, they are doing exactly everything right.
He had scarcely finished taking the oath of office before BO told the world what a “catastrophe” the US economy was facing. Now he tries to tell us that he didn’t know how bad it was. Does he not know about video tape?
I love this. Suddenly the MSM wants to appear neutral — as the ship sinks. Something about rats comes to mind.
Bush was raked over coals on WMD, when huge stockpiles were not uncovered. At the time, everyone -- Democrat and Republican alike -- had been convinced that WMD were in Iraq. But after the fact, a defense along the lines of "incomplete information" was written off as an unforgivable pack of lies told by an evil and devious right-wing zealot occupying the White House.
But times change, I guess.
Bush and Co. OPENED the BOOKS to Bammy and his gang! They wewre brought in on decisions on GM the day after the elections! The MADE DECISIONS on info that EVERONE had....they just made the WRONG ONES!!
WP decoder: “Bambi, get back on track or we will loose badly in 2010”
Ding, ding, ding, correct!
Aside from using the PORKULUS to payback his political allies, stormtroopers, etc., how the frak can they “mis-read” the economy when they were hyping their doomsday scenerios of this is like or worse than the Great Depression, etc.?
How about a MORON PING! for starters?
So, if one has incomplete information isn’t it likely that one would “misread” the economy?
Of course it is.
But then, Mr. Obama knows everything, and he is NEVER incorrect.
Too bad he doesn’t know that 2 + 2 still equals 4.
There's legislation in the works on this pesky issue. A better solution is coming.
Obama’s plan is to SPEND MORE at a FASTER PACE.
This might still be agreeable with the LEFT.
The LEFT is dumbed down and always has their hand out.
The Obama administration has been like a wrecking ball to so many things from nuclear defense to Latin American relations that I’m stunned his popularity remains as high as it does.
I agree, but you gotta remember about 35-40% of America will stand behing THE ONE no matter what he does.
LOLOL. Tick tick tick tick....
HELP! Reality is threatening our fantasy!
Understand, God only knows where he was born. I suspect Kenya. He was raised in Indonesia - that we know. His view of America is that of a WEALTHY BULLY throwing its MILITARY MIGHT around. Neither sits well with the “messiah”. America never gave enough to this third world countries from his perspective.
What Obama wants to do is “spread our wealth around to OTHER countries to “level the playing field”. He'll capitalize on this “green” nonsense or anything that is suitable to accomplish that. If you think Obama cares about being “green” them explain his reckless junkets it NYC to have dinner and a play - costing tax payers 500K at a shot. He doesn't. He's privately laughing at us.
Think about it. He truly wants to destroy America because he HATES America. This HATRED shows in what he is doing to America. Unemployment is at a 40 YEAR HIGH. You can't blame that on Bush - it's ALL PART OF OBAMA'S plan. He's also trying to rearrange the Constitution for a THIRD term and with the help of ACCORN and voter fraud he sees two terms as in the bag. As we hemorrhage financially who does he flood money with? ACCORN!
You are 100% correct. It’s sad to see most of America deceived by this joke in the White House.
Only explanation I have is that this is the beginning of the end times. Who knows what America will look like 8 years from now. Because you know with ACORN’s help this liar will get re-elected in 2012.
The sheeple are beginning to awake from their stupor, it seems.
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