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"It is important though to recognize if we keep on adding to the debt, even in the midst of this recovery, that at some point, people could lose confidence in the U.S. economy in a way that could actually lead to a double-dip recession," he said.

I am just amazed at what this man declares when he is off of American soil.

Hello stop HEALTH CARE NOW!!

There are ways to reform that wont add to the debt.

1 posted on 11/18/2009 5:04:12 AM PST by Former Military Chick
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To: Former Military Chick

Pot. Kettle. Am I allowed to say this?... Black.


33 posted on 11/18/2009 5:18:16 AM PST by John W (There Is No Normal Anymore)
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To: Former Military Chick
"We've examined a lot of them but one of the benefits of convening this group is it gives us a chance to talk directly to small businesses, medium-size businesses, the main drivers of employment to find out what exactly is going on,."

Fixed it--the last part of the sentence is superfluous.

35 posted on 11/18/2009 5:20:24 AM PST by Fetid Facts (Under Democrats, "The law is a ass--a idiot.")
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To: Former Military Chick

You are absolutely correct!!!! Obamacare and all Obama’s agenda needs to be thrown out of the window. Tax cuts for small business immediately, let GM & Chrysler sink. Get all the TARP money back and let the big banks sink or swim on their own. Fear not, folks credit unions and small banks can do the job, they have been. Drill for oil wherever it is in the USA, build nuclear power plants across the USA and use coal as the main energy source to generate electricity. Stop all bailouts and funding to political groups like ACORN who do nothing to grow the economy at all. POTUS Obama better wake up quickly. As his trip out to the PRC clearly shows, the USA is taking a second place to both the PRC (China) and India!!! Boy, we really tied an anchor around the USA economy neck by electing Obama, the community organizer as POTUS, along with his braindead Democrat Party. Poor soul does not have a clue!!!


36 posted on 11/18/2009 5:21:19 AM PST by JLAGRAYFOX
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To: Former Military Chick

You are forgetting that they are stupid enough to think they healthcare will lower the debt.

Because any sane person knows when you give millions of people millions of dollars in free insurance... you save money... /sarc


39 posted on 11/18/2009 5:22:15 AM PST by TexasFreeper2009 (Obama lied, the economy died)
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To: Former Military Chick

You can bet money that if Zero says Double dip Recession he MEANS a Depression.
There is NO way he will stop the HCR econ destroyer.As a Narcissist he will never ADMIT that HIS plan is a MISTAKE.


40 posted on 11/18/2009 5:23:36 AM PST by Marty62 (former Marty60)
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To: Former Military Chick

Last we heard you’re president Obama. Do something about it, instead of voting present on the issue and piling even more debt


41 posted on 11/18/2009 5:24:11 AM PST by 4rcane
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To: Former Military Chick

The guy who spent a trillion dollars in his first month in office is warning about debt, while pushing his healthcare boondoggle? This dude is truly schizo.


43 posted on 11/18/2009 5:24:28 AM PST by Excuse_My_Bellicosity (Liberalism is a social disease.)
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To: Former Military Chick

I get the sense from him that he’s treating this issue from arm’s length. As if, its not his responsibility and he’s raising the issue so that someone will do something about it


47 posted on 11/18/2009 5:26:18 AM PST by 4rcane
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To: Former Military Chick

He’s just NOW coming to that conclusion...sheesh..talk about a day late and a dollar short...


49 posted on 11/18/2009 5:27:26 AM PST by mo
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To: Former Military Chick

It’s a slow day in a little town in east Texas. The sun is beating down, and the streets are deserted. Times are tough, everybody’s in debt, and living on credit.

On this particular day a rich tourist from up north is driving through town. He stops at the motel and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs in order to pick one to spend the night.

As soon as the man walks upstairs, the owner grabs the bill and runs next door to pay his debt to the butcher. The butcher takes the $100 and runs down the street to retire his debt to the pig farmer.

The pig farmer takes the $100 and heads off to pay his bill at the feed store.

The guy at the Farmer’s Co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her “services” on credit.

The hooker rushes to the hotel and pays off her room bill with the hotel owner.

The hotel proprietor then places the $100 bill back on the counter so the rich traveler won’t suspect anything.

At that moment the traveler comes down the stairs, picks up the $100 bill, states that the rooms aren’t satisfactory, pockets the money, and leaves town.

No one produced anything. No one earned anything. However, the whole town is now out of debt and looks to the future with a lot more optimism.

And that, ladies and gentlemen, is how the United States Government is conducting business today!
THANK YOU VERY MUCH!


50 posted on 11/18/2009 5:28:46 AM PST by The Sons of Liberty (Pork Eating CRUSADER - FUBO! Mene, Mene, Tekel, Upharsin)
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To: Former Military Chick

Deficits are going to be his excuse for not sending more troops to Afghanistan.


51 posted on 11/18/2009 5:31:48 AM PST by Neverforget01 (Never, ever, ever, ever, ever....)
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To: Former Military Chick

Increased taxes will also lead to more recession. Stop Health Care, Cap n Trade, end of Bush tax cuts, VAT, fees, and all other revenue enhancements.

Then you’ll get jobs.

At 10.2 and rising, more unemployment will follow increased business costs (taxes) as they further tighten their belts. Also, it will forestall any hiring. It’s a vicious cycle, and it takes a Reaganite or a John Kennedy Democrat to see it.


52 posted on 11/18/2009 5:32:10 AM PST by xzins (Retired Army Chaplain and Proud of It! Those who support our troops pray for their victory!)
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To: Former Military Chick

Everyone seems to be missing a few things about this statement from Obama. He never admitted in any way shape or form that he and his administration tried to lie with the enployment jobless rate numbers to make everything LOOK peachy.

So DUH at double dip recession. But even this is a lie because we never dipped out of it... really.

How long are they going to use parse words? Are we going to be in a quadruple dipped recession in a few weeks? Or will he ever just say his actions will put us in a full depression?

He was just beotch slapped by China and told what a failure he is.

His global climate NWO has been postponed so HE HAS TO ATLEAST MAKE IT LOOK LIKE HE GIVES A DAMN About our economy until then.


55 posted on 11/18/2009 5:34:22 AM PST by Dubya-M-DeesWent2SyriaStupid!
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To: Former Military Chick

His idea of reducing the debt is increasing taxes.


56 posted on 11/18/2009 5:34:55 AM PST by Blood of Tyrants (The Second Amendment. Don't MAKE me use it.)
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To: Former Military Chick

WTF is this guy on?

He’s ABSOLUTELY CORRECT, yet his policies are the complete opposite of this. He’s either completely delusional, or he wants America to fall...or both, I’m not sure which...

I cannot WAIT until this idiot is out of office. I guess if his goal is to make Jimmy Carter look like a good President, then he’s well on his way to his goal.


57 posted on 11/18/2009 5:35:49 AM PST by RockinRight (The sleeping giant has been awoken, and he's PISSED.)
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To: Former Military Chick

He’s either the biggest sociopathic liar since Stalin or he’s an empty suit who just mouths the words on his teleprompter. He warns against adding to the debt? Who was the guy who voted for TARP, Porkulus, and submitted a budget with built in spending at twice the rate of anticipated revenue?

He’s added more to the debt than any other president, in only one term. And he warns against it?

I cannot believe Americans elected this man.


59 posted on 11/18/2009 5:37:50 AM PST by henkster (0bamanomics: The "Final Solution" to America's "Prosperity Question.")
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To: Former Military Chick
if government debt were to pile up too much

Does he even listen to what he says? He is totally disconnected from what he says to what he does. I'm beginning to believe he is more mentally ill than just having narcissistic personality disorder.

60 posted on 11/18/2009 5:39:55 AM PST by zlala
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To: Former Military Chick

Ten months in to his admin. and the bamster has discovered what too much debt could do ,,,, his learning curve is going to ruin us . ...........and they said Sarah lacked experience ,,,, HA !!!!


65 posted on 11/18/2009 5:45:41 AM PST by lionheart 247365 (-:{ GLEN BECK is 0bama's TRANSPARENCY CZAR }:-)
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To: Former Military Chick

Geez Louise! This dolt purposely creates the mess and then comes out to declare the mess will be worse than earlier predicted. A few comments come to mind for our so-called friends in the LSM on his sudden revelation;

NO SHIITE SHERLOCK!

Well isn’t he just Captain Obvious!

Maybe Hu in Whoville passed him a note at the “Dialogue” town hall meeting.


72 posted on 11/18/2009 5:53:15 AM PST by mazda77 (Rubio for US Senate)
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To: Former Military Chick

All of a sudden this nincompoop is an economic sage


75 posted on 11/18/2009 5:56:59 AM PST by dennisw (Obama -- our very own loopy, leftist god-thing.)
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