Posted on 03/04/2016 4:13:43 PM PST by Nachum
President Barack Obama responded to reports of slow job growth Friday by blaming Republicans who have opposed parts of his economic agenda.
The Bureau of Labor Statistics (BLS) report found the economy added 242,000 new jobs in February. The latest number highlights a long-running trend of slow, yet positive, economic growth. Obama credits the growth to his agenda but its slowness to Republicans for their opposition to his plan.
The plans that we have put in place to grow the economy have worked, the president declared in the Oval Office. They would work even faster if we did not have the kind of obstruction that weve seen in this town to prevent additional policies that would make a difference. And there is going to be a debate going on around the budget in the coming months.
The president entered office in the midst of a severe economic downturn which has since been referred to as the Great Recession a time period sparked by the subprime mortgage crisis and the financial crisis of 2007. The recovery took years to begin and has since been incredibly slow.
Republicans in Congress are, sadly, trying to cut some of the investments that could spur additional growth, the president continued. They are blocking things like an increase in the minimum wage, or more robust investment in jobs training, infrastructure, education that can continue to lift up wages and incomes.
(Excerpt) Read more at dailycaller.com ...
It's so friggin old. None of that has ever helped. But blame is really the policy.
Its a great recovery, if your a bartender or a waiter/waitress. Your employed part time.
Yes. $2.13 plus tips from people afraid of losing their jobs, meaning little to no tips.
One helluva recovery.
What does the Current Occupant know about economics anyway. Never the sharpest knife in the drawer, his view of economics is largely informed by the Marxist upbringing he underwent, first at his mother’s knee, then in his prep school, undergraduate and law school days, where there is no evidence he ever actively studied ANYTHING, save the effects of inhaling. He did have Frank Marshall Davis as his mentor, as well as Bill Ayers.
Muslims are not such great authority on economics, either, save what they can capture from others through piracy, intimidation and simply stealing. Islam has no concept that even fits capitalistic enterprise. “Shopkeeper” is the highest level of sophistication regarding economics they can muster.
Name a single thing obunghole wanted that did not pass
“Investments”-spending someone else’s money..
Sadly it will only get worse.
“Obama Blames Republicans For Slow Economic Recovery”
In so doing ADMITS the economy isn’t as great as he’s been claiming it is.
Another lie exposed, and by himself the won.
I cringed this morning when I saw the jobs report, knowing it would bring Obama slithering out from under his rock to toot his own horn. And while there were indeed more jobs added than expected, 80% of them were minimum wage. The real wage index actually decreased once again and is at historic lows.
Obama must just love how he is allowed to lie with complete impunity.
If the economy is SO great, he should OWN it, and push it.
If it is SO GREAT, why is he the food-stamp president?
Imagine GWBush making such a claim.
It would be dissected from here until kingdom come.
Two 19 hour part-time Obummer jobs is full-time. Three, if you want healthcare.
And according to today’s fabulous jobs report. It had a record involved: February suffered the biggest ever monthly drop in average weekly earnings, because not only did hourly earnings drop but so did hours worked, resulting in far lower overall weekly wages.
As well, we have a very low unemployment number, thanks to the miraculous Keynesian book cookers, and the complicit media that licks the carp off their muck boots.
“EVERYTHING IS AWESOME!”
So he waves his pom poms over a booming economy
But blames others for it’s slowness?
Huh?
This from the man that said “you didn’t build that” and “you didn’t succeed on your own”
Remember how he killed Las Vegas conventions?
obama’s statement regarding “investments” ....” job training” ...
idiot boy doesn’t understand that had he actually gone about infrastructure repair versus obamaphones ... real jobs would be created.... and people would actually benefit.... instead potholes create demand for alignments, new rims and new tires....
what do you need “job training” for if there are NO JOBS...
and the word “investment” TO A LIBTARD MEANS MORE GOVERNMENT SPENDING..... clintoon was the first libtard to use the word “investment” in this ridiculous way.. these people are incapable of using capitalism to create jobs and think govenment creates jobs.... GOVERNMENT CREATES WASTE....
He had two years to do whatever he wanted during which he spent more money than any man in history ‘stimulating’ the economy. What he got was everything he said he would have if he did nothing at all. Clearly his plans have zero to negative effects by his own standards, and we are out trillions of dollars.
Honestly they we thought it was crazy to just hand people money and finance existing programs as if the Government is the driver of all economic activity rather than generally a wast of resources(human and material).
Very little that Obama spent money on had any effect on the economy at all. indeed we would have been far better off if he had allowed the bad industries to collapse and good industries to take over their good assets and market share.
That is how a real economy is suppose to work, that is how you generate real wealth with new ideas. You let the corrupt and wasteful go out of business.
Cutting”investments” is code for ‘republicans won’t go along with raising taxes as much as the democrats would like so there is more graft for Obama’s cronies.’
lol!
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