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Obama promises 'things will get better' on economy
The Hill ^

Posted on 08/05/2011 9:38:08 AM PDT by Sub-Driver

Obama promises 'things will get better' on economy By Michael O'Brien - 08/05/11 11:47 AM ET

President Obama on Friday sought to reassure voters about the economy, promising "things will get better."

The remarks were Obama's first public comments following a report that showed the economy added 117,000 jobs last month. Volatile markets reacted by swinging wildly; the Dow Jones opened more than 150 points higher before plummeting and falling into the red by triple-digits.

The zig-zagging markets served as a backdrop for Obama's comments from the Navy Yard in Washington.

The president hailed the slightly better-than-expected employment numbers, but said there was more work to be done.

He called on lawmakers to approve an extension in the payroll tax cut and an extension in unemployment benefits when they return in September to bolster the flagging economy.

"While this marks the 17th month in a row of job growth in the private sector ... we have to create more jobs than that each month to make up for the more than 8 million jobs that the recession claimed," Obama said.

He sought to use an encouraging tone when it came to the economy, which a whopping 86 percent of Americans called either "fairly" or "very" bad in a New York Times/CBS News poll released Friday.

"What I want the American people and our partners around the world to know is this: We are going to get through this. Things will get better and we are going to get there together," the president said.

The White House is trying to pivot back to a focus on job creation after a politically bruising battle with Congress over raising the debt-limit. Obama said Friday that his "singular focus" now was getting the unemployed back to work and creating jobs. The president will take that message on the road with his Midwestern bus tour later this month.

But Obama still faces significant obstacles in the Republican-held House when it comes to advancing some of his key initiatives. That's especially true of extending unemployment insurance, which is set to expire this fall.

"The most important thing we can do for somebody who's unemployed is see if we can get them a job," House Majority Leader Eric Cantor (R-Va.) said on CNBC. "For too long in Washington now, we have been worried about pumping up these stimulus monies, pumping up unemployment benefits ... I think those people on unemployment benefits would rather have a job."

Obama proposed new benefits for veterans returning from the battlefield as part of his plan to boost the economy. He proposed a "boot camp" for veterans returning from war to help boost their skills and guide their transition to civilian life, along with new and expanded tax credits for employers who hire veterans.


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: economy; itgetsbetter; obamanomics; recovery
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FAIL..............
1 posted on 08/05/2011 9:38:09 AM PDT by Sub-Driver
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To: Sub-Driver

They sure will when he resigns or is voted out.


2 posted on 08/05/2011 9:39:38 AM PDT by DarthVader (That which supports Barack Hussein Obama must be sterilized and there are NO exceptions!)
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To: Sub-Driver

Take your promises, and stuff them up your arse, Mr. Resident.


3 posted on 08/05/2011 9:39:58 AM PDT by chris37 (representative)
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To: Sub-Driver
Well....I feel much better now.
4 posted on 08/05/2011 9:40:21 AM PDT by Bloody Sam Roberts (If you think it's time to bury your weapons.....it's time to dig them up.)
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To: Sub-Driver

But first, there is political capital to be gained from this...


5 posted on 08/05/2011 9:41:13 AM PDT by SaveTheChief
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To: Sub-Driver

LIAR!!!! Things will not get better until you disappear after 2012 elections.


6 posted on 08/05/2011 9:41:41 AM PDT by freeangel ( (free speech is only good until someone else doesn't like it)
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To: Sub-Driver
Image and video hosting by TinyPic

Prosperity is just around the corner.

7 posted on 08/05/2011 9:43:21 AM PDT by newheart (When does policy become treason?)
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To: DarthVader

Resignation won’t make things better. Not with Vice President Bozo the Clown ready to take over.


8 posted on 08/05/2011 9:43:42 AM PDT by WinOne4TheGipper
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To: Sub-Driver

More hope and change. He’s convinced he can sell anything to the American people, and with his base, he can.


9 posted on 08/05/2011 9:43:50 AM PDT by Spok (A free man wants to be neither slave nor master.)
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To: SaveTheChief

Better for socialist and marxist princes who run government programs to curry favor to votes, sure.........


10 posted on 08/05/2011 9:44:07 AM PDT by blackdog (The mystery of government is not how Washington works but how to make it stop)
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To: Spok
Obama promises 'things will get better' on economy

So he said he's resigning?

11 posted on 08/05/2011 9:44:28 AM PDT by dfwgator
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To: Sub-Driver

Liar.


12 posted on 08/05/2011 9:45:04 AM PDT by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
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To: Sub-Driver

I am surprised [sarc]. He didn’t say we have another crisis? He has only a couple weeks while Congress is on break before the next crisis—the looming Government Shutdown because not passed any authorization or appropriations bills. Another CR most likely.


13 posted on 08/05/2011 9:45:27 AM PDT by Bobby_Taxpayer (Don't tread on us...or you'll pay the price in the next election.)
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To: Sub-Driver

His “All is well” imitation of Kevin Bacon from Animal House has jumped the shark.


14 posted on 08/05/2011 9:46:13 AM PDT by ratzoe (damn, I miss Barbara Olson)
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To: Sub-Driver

Typical of an ignorant idiot when it comes to the military,sort of like corpseman.
The last thing someone coming back from a combat zone is looking for is to go into a boot camp


15 posted on 08/05/2011 9:46:30 AM PDT by ballplayer
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To: Sub-Driver
President Obama on Friday sought to reassure voters about the economy, promising "things will get better."

Sorry ; not as long as you are in the White House.

16 posted on 08/05/2011 9:49:18 AM PDT by Uri’el-2012 (Psalm 119:174 I long for Your salvation, YHvH, Your law is my delight.)
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To: Sub-Driver
Photobucket
17 posted on 08/05/2011 9:51:33 AM PDT by baddog 219
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To: Sub-Driver

Captain Dullard lies so beautifully. I feel like I’m on Titanic, the sequel.


18 posted on 08/05/2011 9:56:51 AM PDT by mardi59 (T)
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To: Sub-Driver

"You'll get used to the pain over time"

19 posted on 08/05/2011 9:57:37 AM PDT by douginthearmy
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To: Sub-Driver
"things will get better."

Well, that's that! I feel a he11 of a lot better now. Thanks for the pick me up Mr.Dip-chit!

Another Chauncey Gardiner moment for the Phony-In-Chief.

20 posted on 08/05/2011 9:59:04 AM PDT by skimbell
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