A lot of what he said was a repeat of what he said when the most recent unemployment numbers were stated. It did not impress the markets then, either. What was the definition of insanity the Einstein delivered about 100 years ago? Was it, “Insanity is doing the same thing and expecting different results?”
My bad. I forgot that this time Obama skewered S&P by quoting Buffet.
Then S&P downgraded Buffet’s company today (Berkshire Hathaway )