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Did President Obama just Signal Another Recession
Vanity | 07/08/2011 | Vanity

Posted on 07/08/2011 9:10:51 AM PDT by sr4402

Did I just hear Obama say the words "this recession" in his statement on Unemployment this morning?

It was about 11AM EST. Did any of you catch this?


TOPICS: News/Current Events
KEYWORDS: obama
If I remember rightly he told us we were out of the recession a goodly number of months ago.

Is he signalling a Double Dip Recession and if so, does he own it?

1 posted on 07/08/2011 9:10:57 AM PDT by sr4402
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To: sr4402
The Great Obama Recession is based on a combined factor of the unemployment rate and the rate of growth.

It's like the Misery Index.

2 posted on 07/08/2011 9:45:23 AM PDT by muawiyah
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To: sr4402

“Leaving” the last recession is statistical fiction created by the massive federal “stimulus” spending since federal spending is counted as GDP. A true misnomer if there ever was one.


3 posted on 07/08/2011 9:59:48 AM PDT by Justa
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To: sr4402

Would somebody please tell me we we exited the last recession?.....I don’t watch a lot of TV so I must have missed it.........


4 posted on 07/08/2011 10:19:36 AM PDT by Red Badger (Casey Anthony: "Surprise, surprise."...............)
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To: sr4402

According to WSJ, transcript, he said “We’ve always known that we’d have ups and downs on our way back from this recession.” So they’ll defend it as meaning the recession we’re allegedly recovering from.


5 posted on 07/08/2011 10:25:31 AM PDT by Sloth (If a tax break counts as "spending" then every time I don't rob a bank should be a "deposit.")
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To: Justa

And quite possibly undercounting inflation.


6 posted on 07/08/2011 10:27:29 AM PDT by Darth Reardon (No offense to drunken sailors)
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To: Red Badger
Would somebody please tell me we we exited the last recession?.

Reuters says June 2009

So I was right. OBAMA OPENED HIS YAPPER AND PROCLAIMED ANOTHER RECESSION and OWNS IT.

7 posted on 07/08/2011 10:53:03 AM PDT by sr4402
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To: sr4402

I read a lot of media sources.

I’m quite “shocked” given the rise in the stock market but continuing 9% unemployment that not once in the MSM have I seen this phrase:

Recovery for Wall $treet but not Main Street

Apparently it can only be used when a Republican is POTUS.


8 posted on 07/08/2011 11:00:19 AM PDT by nascarnation
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To: nascarnation
Recovery for Wall $treet but not Main Street

Yes, the Recovery was proclaimed June 2009 by Reuters. So Obama HAS ANNOUNCED A NEW RECESSION. Obama has his double dip.

9 posted on 07/08/2011 11:04:38 AM PDT by sr4402
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To: Sloth
“We’ve always known that we’d have ups and downs on our way back from this recession.”

Yes, he said it.

Either the last recession is still ongoing, meaning the recession did not end June 2009 or we have another one.

Poor Obama.

10 posted on 07/08/2011 4:35:00 PM PDT by sr4402
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