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Obama Blames Europe, Japan for US Economic Woes
Reuters via CNBC (yeah. I know.) ^ | 6/5/2011

Posted on 06/05/2011 7:17:15 PM PDT by GVnana

President Obama is pointing to problems in Japan and Europe as challenges for the U.S. economy, placing some blame on events abroad for a domestic recovery that is showing signs of slowing down.

Photo by: Pete Souza

Government data released Friday showed employers in May hired the fewest number of workers in eight months and U.S. unemployment rose to 9.1 percent, up from 9.0 percent in April.

That bump is a political challenge for the president, whose re-election in 2012 may depend on his ability to convince voters that his economic policies have been successful.

Part of his pitch will include steering attention to outside forces as causes for economic woes at home.

The president did just that in his weekly radio and Internet address, broadcast Saturday, by highlighting "head winds" that are affecting the United States.

"Even though our economy has created more than two million private sector jobs over the past 15 months and continues to grow, we're facing some tough head winds," he said.

"Lately, it's high gas prices, the earthquake in Japan, and unease about the European fiscal situation. That will happen from time to time. There will be bumps on the road to recovery."

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


TOPICS: Foreign Affairs; Front Page News; Government; News/Current Events
KEYWORDS: bushfault; ineligible; islamofascist; munchhausenbyproxy; noaccountability; nobama; nodocumentation; nohonesty; nointegrity; notransparency; notruth; obamafail; obamasux; removehimnow; sociopathinchief; unexpected
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To: Williams
You're not high. Obama is.

(And I am soooo going to love ridding this country of this charlatan come 2012.)

21 posted on 06/05/2011 7:28:55 PM PDT by GVnana (Have you worn your NOBAMA pin today?)
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To: GVnana

Zippy Obama, the Commie and ACORN are to blame here.


22 posted on 06/05/2011 7:29:14 PM PDT by Cheetahcat ( November 4 2008 ,A date which will live in Infamy.)
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To: cblue55

Sociopaths (and Socialists) by definition always blame others and never take responsibility for their actions.


Especially when they are making excuses to cover up their real intentions that are pretty much on track.

0bama’s plans are working and he must cover his ass.


23 posted on 06/05/2011 7:29:26 PM PDT by unkus
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To: GVnana

If the goings on in Japan and Europe can so hurt your economy, there’s something terribly wrong with the way you are doing things......


24 posted on 06/05/2011 7:29:41 PM PDT by KoRn (Department of Homeland Security, Certified - "Right Wing Extremist")
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To: Paladin2

Obama is the twentieth hijacker and never intended to land the plane.


25 posted on 06/05/2011 7:29:47 PM PDT by SpaceBar
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To: GVnana
That bump is a political challenge for the president, whose re-election in 2012 may depend on his ability to convince voters that his economic policies have been successful.

House pricing is in a double-dip erosion. When 0bama came into office, gas was $1.89/gal now it's nearly $4.00/gal. Food prices are through the roof.

That's what people will remember. It's all about the HOME, 0bama, and you've crapped all over mine.

26 posted on 06/05/2011 7:29:54 PM PDT by Zuben Elgenubi
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To: TexasFreeper2009

27 posted on 06/05/2011 7:30:14 PM PDT by 444Flyer ("...Rather the scorned- the rejected -the men hemmed in with the spears..." from 'A Consecration')
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To: Williams
"That will happen from time to time"

That is just too laid back and mellow. He's gotta be smokin' somethin'!

28 posted on 06/05/2011 7:30:30 PM PDT by LibFreeOrDie (Obama promised a gold mine, but will give us the shaft.)
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To: SpaceBar

Obama is the twentieth hijacker and never intended to land the plane.


Yep. As I said, he’s simply covering his ass with distractive excuses.


29 posted on 06/05/2011 7:31:52 PM PDT by unkus
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To: Zuben Elgenubi
...It's all about the HOME, 0bama, and you've crapped all over mine.

LOL see post 27. Good timing.

30 posted on 06/05/2011 7:32:09 PM PDT by 444Flyer ("...Rather the scorned- the rejected -the men hemmed in with the spears..." from 'A Consecration')
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To: Williams

>>THAT WILL HAPPEN FRON TIME TO TIME?? And people are worried about Palin?<<

During Bush’s run:

9/11

barry zero: “these things will happen from time to time...”

right?

What a little boy our barry zero is.


31 posted on 06/05/2011 7:32:50 PM PDT by freedumb2003 (Herman Cain 2012)
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To: GVnana

Slapping marxism on a free republic isn’t helping either you jack-wagon!


32 posted on 06/05/2011 7:33:41 PM PDT by eyedigress ((Old storm chaser from the west)?)
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To: GVnana

Now all we need is for him to scold us - the American People and blame us for the malaise we are in !


33 posted on 06/05/2011 7:34:09 PM PDT by CORedneck
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To: GVnana

I think the protestors and booing should start shortly.

I guess we should be thankful that Obama hasn’t blamed us for his failures but I guess that’s next!


34 posted on 06/05/2011 7:34:09 PM PDT by Tea Party Reveler
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To: GVnana

it is everyones fault but obama’s


35 posted on 06/05/2011 7:35:47 PM PDT by television is just wrong
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To: GVnana

“What prudent merchant will hazard his fortunes in any new branch of commerce when he knows not that his plans may be rendered unlawful before they can be executed?”

James Madison.


36 posted on 06/05/2011 7:35:56 PM PDT by griswold3 (Character is destiny)
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To: 444Flyer
Good timing.

Great timing!

37 posted on 06/05/2011 7:36:20 PM PDT by Zuben Elgenubi
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To: CORedneck

Oh God, Jimmy Carter with a long waving finger and big ass ears.


38 posted on 06/05/2011 7:41:09 PM PDT by eyedigress ((Old storm chaser from the west)?)
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To: GVnana

I guess he figured the “Blame Bush” thing wore thin.

So now he’ll blame anyone else but himself.


39 posted on 06/05/2011 7:41:32 PM PDT by RockinRight (Who is "Generic Republican" and why does he poll so much better against Obama than anyone else?)
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To: GVnana

So China steals what has amounted to trillions in intellectural property from US companies, manipulates its currency to create a trade embalance that is over 300 billion a year, and thus has resulted in the destruction of millions of US jobs, but Japan and Europe are the main culprits?

Nice try Zero, but only your lapdogs in the media and liberal friends will buy that.


40 posted on 06/05/2011 7:46:02 PM PDT by Proud_USA_Republican ("The problem with socialism is that you eventually run out of other people's money.")
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