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Barack Obama on economic crisis: 'We didn't know how bad it was'
Politico44 ^ | 12/13/11 | JENNIFER EPSTEIN

Posted on 12/13/2011 5:24:27 PM PST by ColdOne

President Barack Obama said Tuesday he wishes he knew the full extent of the economic crisis when he took office, if only so he could have let Americans know just how tough the coming years would be.

"I think we understood that it was bad, but we didn’t know how bad it was,” Obama said in an interview with KIRO in Seattle. "I think I could have prepared the American people for how bad this was going to be, had we had a sense of that."

Obama’s comments came as he sat down with a string of local TV reporters on Tuesday morning to sell his proposal to extend the payroll tax cut while highlighting the end of the Iraq war. He also did brief interviews – all under 10 minutes – with WVEC in Norfolk, Va., WEAR in Pensacola, Fla., and KOAA in Colorado Springs, Colo.

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


TOPICS: Front Page News; News/Current Events; Politics/Elections
KEYWORDS: bondcollapse; default; depression; dollarcollapse; economiccrisis; economy; elections; idiot; obama
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To: jakerobins

Aw Nevermind I might as well be talking to a wall Barry was sent to Washington to bankrupt America and start us down the road to Socialism!
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By Jove, I think you’ve finally gotten it! Just one little error there though, we STARTED down the road to socialism when there were still plenty of confederate veterans living, Obama is supposed to get us there.


61 posted on 12/14/2011 5:38:57 AM PST by RipSawyer (This does not end well!)
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To: Walrus

“...Bush’s fault, Bush’s fault...nyaah, nyaah....”

Ø needs to retire that tripe NOW. The economy is ALL his. If he’s booted out of our house next November, the next REAL president can, justifiably, use the phrase “It’s all Obama’s fault”. It’ll take decades to even start to repair the damage Obama has caused. Ten, twenty, thirty years from now, we can say with full justification that it is, and was, all Obama’s fault.


62 posted on 12/14/2011 9:04:48 AM PST by NCC-1701 (In Memphis on January 20, 2009, pump price were $1.49. We all know what happened after that.)
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To: ColdOne

It reminds me of 1993 when Bill Clinton backed out of his middle-class tax cut promise: he insisted he was “lied to” about the size of the deficit.


63 posted on 12/14/2011 10:39:08 AM PST by NRA1995 (Obama's presidency is shovel-ready; let's bury it in 2012!)
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