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Obama expresses concern about slowing economy
AP ^ | June 7 2011 | CRUTSINGER and RUGABER

Posted on 06/08/2011 12:41:42 AM PDT by Berlin_Freeper

WASHINGTON – With few options at hand and his poll numbers sagging, President Barack Obama expressed concern Tuesday about the sudden slowdown in the economy but said he is not worried about a second recession and the nation should "not panic."

The president spoke about the new economic trouble in detail for the first time since a report late last week showed job growth had slowed sharply in May. He tried to reassure Americans worried about high unemployment and expensive gas that the nation is on a slow, if not steady, path to recovery.

"I am concerned about the fact that the recovery that we're on is not producing jobs as quickly as I want it to happen," Obama said at an appearance with visiting German Chancellor Angela Merkel. "We don't yet know whether this is a one-month episode or a longer trend."

(Excerpt) Read more at news.yahoo.com ...


TOPICS: News/Current Events
KEYWORDS: baitandswitch; change; communist; epicfailure; hope; marxist; obama; obongo
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1 posted on 06/08/2011 12:41:44 AM PDT by Berlin_Freeper
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To: Berlin_Freeper

Obama’s just another “concern troll”


2 posted on 06/08/2011 12:43:37 AM PDT by onona (I play hockey)
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To: Berlin_Freeper

That article has 123,706 comments on Yahoo. I wonder what the record is.


3 posted on 06/08/2011 12:45:40 AM PDT by jjsheridan5
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To: Berlin_Freeper

4 trillion in ‘stimulus’ and we’re not creating jobs? so, um, excuse me for asking this, but, where the hell did the money go???

a lot of change, not a lot of hope


4 posted on 06/08/2011 12:47:06 AM PDT by blueplum
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To: onona

Add concerned idiot to that.


5 posted on 06/08/2011 12:47:22 AM PDT by antceecee (Bless us Father.. have mercy on us and protect us from evil.)
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To: onona

Obama makes an excuse while standing for a photo op with a foreign leader and AP calls that “spoke about the new economic trouble in detail”.


6 posted on 06/08/2011 12:48:01 AM PDT by Berlin_Freeper
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To: Berlin_Freeper


7 posted on 06/08/2011 12:48:29 AM PDT by 2ndDivisionVet (How do you starve an Obama supporter? Hide his food stamps under his work boots.)
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To: jjsheridan5

The trending was not “hopey changey” comments either.

Is main street America waking up ??


8 posted on 06/08/2011 12:51:26 AM PDT by onona (I play hockey)
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To: Berlin_Freeper

“And that affects consumer confidence, and it affects business confidence, it affects the capital market. And so our task is to not panic.”

What kind of consumer confidence, business confidence and capital market does Obama think he is sitting on top of?


9 posted on 06/08/2011 12:51:55 AM PDT by Berlin_Freeper
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To: 2ndDivisionVet

The shite sandwich made me laugh out loud. But seriously, suppose Obama had campaigned thusly: “In two years the deficit will explode, unemployment will skyrocket, and gas will be pushing 5 bucks a gallon. Now, that’s if you elect me. If you don’t, it will be much, much worse.”


10 posted on 06/08/2011 12:52:04 AM PDT by HMS Surprise (Chris Christie can go to hell.)
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To: onona

You are not kidding. Went through several pages randomly, and there were only a couple of pro-Hope/Change comments. The disconnect between main street and the media/DC culture is pretty remarkable.

What is troubling is that the political reaction to this kind of discontent is always counterproductive. I think QE3 is a foregone conclusion at this point (regardless of what they actually call it).


11 posted on 06/08/2011 1:03:33 AM PDT by jjsheridan5
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To: Berlin_Freeper
The federal government's financial condition deteriorated rapidly last year, far beyond the $1.5 trillion in new debt taken on to finance the budget deficit
12 posted on 06/08/2011 1:05:27 AM PDT by Berlin_Freeper
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To: Berlin_Freeper

..he didn’t have any problem driving it into the ground, but now that he sees he’s being closed in on...he allows himself to express concern........ S***head


13 posted on 06/08/2011 1:07:48 AM PDT by Doogle ((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: Berlin_Freeper
The unemployed have, on average, remained unemployed longer than in the 1930s; Employers wary of job gaps in resumes.
14 posted on 06/08/2011 1:13:30 AM PDT by Berlin_Freeper
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To: Berlin_Freeper

Gee, I must have missed it when the economy was moving fast.


15 posted on 06/08/2011 1:26:14 AM PDT by Sea Parrot
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To: Berlin_Freeper
2012 OUR HOPE IS CHANGE!
16 posted on 06/08/2011 1:27:26 AM PDT by Brandonmark (News Coverage)
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To: Berlin_Freeper

17 posted on 06/08/2011 1:32:42 AM PDT by william clark (Ecclesiastes 10:2)
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To: Berlin_Freeper

18 posted on 06/08/2011 1:35:44 AM PDT by Brandonmark (News Coverage)
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To: Berlin_Freeper
"Barack Obama expressed concern Tuesday about the sudden slowdown in the economy but said he is not worried about a second recession"

Why should he be worried about a second recession? He has enough tax dollars to spend on all his vacations and golf outings...

19 posted on 06/08/2011 1:45:47 AM PDT by libs_kma (JIMMY CARTER - HE'S BACK IN BLACK)
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To: 2ndDivisionVet

That 2nd picture was disturbing, but still made me laugh.


20 posted on 06/08/2011 1:48:14 AM PDT by SIDENET ("If that's your best, your best won't do." -Dee Snider)
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