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White House Official: "We Know He Needs to Be Out There to Talk About the Economy Next Week"
ABC News ^ | 8/27/2010 | Jake Tapper

Posted on 08/27/2010 7:48:03 AM PDT by Qbert

President Obama’s golf-filled vacation in Martha’s Vineyard neared its close on Friday with more bad news on the economic front, as the Commerce Department’s Bureau of Economic Analysts revised downward 2nd quarter economic growth of the real gross domestic product, indicating the output of goods and services produced by labor and property in the US grew by an anemic 1.6%, rather than the original estimate of 2.4%.

The announcement came the same week as staggeringly bad news on the housing front – with plummeting home sales – and reports that the four-week moving average of weekly jobless claims is at its highest level since last November. The bad news renewed fears of a double-dip recession.

President Obama was largely invisible to the public, taking in 10 days of R&R in the posh Chilmark section of Martha’s Vineyard. When he re-emerges to the public on Sunday, he will be kicking off a series of high profile events that have little to do with the issue foremost on Americans’ minds: jobs. On Sunday the president will travel to New Orleans to commemorate the 5th anniversary of Hurricane Katrina. On Tuesday he will deliver only his second Oval Office address, discussing the withdrawal of US combat troops from Iraq. On Wednesday and Thursday, he and his administration will focus on kick-starting peace talks between the Israelis and Palestinians.

“We know he needs to be out there to talk about the economy next week,” a White House official told ABC News. “We haven’t yet figured out the way he’s going to do that.”

(Excerpt) Read more at blogs.abcnews.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: economy; obamanomics; recession; unemployment
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To: Pollster1
Thank God! I was worried that Obama would stay hidden until after the election..

The Republicans better hope so every time he appears his approval ratings go down a point - but don't tell the White House also Joe Biden is doing such agreat job already.

61 posted on 08/27/2010 8:46:33 AM PDT by Timocrat
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To: what's up

And, who cares about “talk”?? Show me the plan - dammit!


62 posted on 08/27/2010 9:00:01 AM PDT by indianrightwinger
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To: Redleg Duke

That’s my biggest fear. I will have worked my entire life and when I hit 65, there will be no more money for the blue pill.


63 posted on 08/27/2010 9:31:54 AM PDT by Delta Dawn (The whole truth.)
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To: Bon mots

“C’mon guys, I’m buying shrimp.”


64 posted on 08/27/2010 10:25:45 AM PDT by Eddie01 (All we every really knew was it was crazy to be doin' it any other way)
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To: Qbert
“We haven’t yet figured out the way he’s going to do that.”

ROTFLMAO



Blame Bush, castigate the Republicans who are the minority Party, create more debt, and scold the rich. Who are these shysters trying to kid with "We haven't yet figured out..."
65 posted on 08/27/2010 10:39:14 AM PDT by rollo tomasi (Working hard to pay for deadbeats and corrupt politicians)
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To: Qbert

How ‘bout this:

I screwed the pooch. I resign, effective immedately.

Other than that, there is nothing to say.


66 posted on 08/27/2010 12:17:05 PM PDT by texmexis best (My)
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