'WE'RE MOVING IN THE RIGHT DIRECTION'Credit: Matt Drudge
Posted on 09/04/2010 10:32:34 AM PDT by Qbert
President Obama on Friday said he has no regrets about describing the last three months as the "Recovery Summer."
"I don't regret the notion that we are moving forward because of the steps that we have taken," Obama said in response to a question after he offered comments on the latest unemployment figures.
The administration described the summer of 2010 as "recovery summer" because a large amount of the 2009 stimulus package was being spent over the summer. But job growth slowed dramatically over the summer amid concerns the economy was moving into a double-dip recession, and Republicans have made fun of the moniker.
The president's remarks came after the Labor Department released jobs data showing unemployment rising from 9.5 to 9.6 percent. The private sector created 67,000 jobs, but overall the economy lost 54,000 jobs.
Those numbers were better than expected, and are easing concerns about a double-dip recession. Still, Republicans argued Friday they fall short of a real recovery.
The administration has held firm that its policies are slowly but surely nursing the economy back to health.
"We are confident we are moving in the right direction but we want to make sure this economy" is getting even stronger, Obama said on Friday.
Obama said he would be offering a new package of ideas on the economy next week.
I think he would have been better off responding, "Hey, guys I'm buying shrimp" again to the question...
Mullah Obama can stand by his Recovery Summer all the way through November 2nd so We The People can see what a fool he is. Meanwhile, during his Recovery Summer, he and Muchelle had one vacation after another paid for by We The People.
'WE'RE MOVING IN THE RIGHT DIRECTION'Credit: Matt Drudge
Many think there won't be a double-dip recession because we never exited from recession.
Doh. I forgot my < p >
PREVIEW. PREVIEW. PREVIEW.
More coffee...
What is more alarming is the weekly filings from the BLS is “first time filers”. Considering that number has been around 450,000 or more each month of this so-called recovery should be scaring the hell out of people. They use the number from week to week and the differences between them to make a case that it is getting better. How in the hell are we supposed to get all warm and fuzzy when over 400,000 NEW people are filing for unemployment each week?
The dealer is showing a K and this fool doubles down with a 9 and a 6 in his hand.
There has never been a dumber POTUS. Not even carter.
I don’t know how this journalist considers this a “double dip recession” when the economy has been in one long sustained slide since Barry took office. The Dems have become transparently delusional.
The administration described the summer of 2010 as “recovery summer” because a large amount of the 2009 stimulus package was being spent over the summer
spinspinspinspin
I laughed out loud at your analogy. If anybody had the summer of private chefs, parties and golf vacations, they would believe recovery is here as well.
Mullah Obama can stand by his Recovery Summer all the way through November 2nd so We The People can see what a fool he is. Meanwhile, during his Recovery Summer, he and Muchelle had one vacation after another paid for by We The People.
Just part of the plan to burn the house down before they surrender it. They want to turn over ashes when they leave.
How about telling us where the stimulus money is going - you know - be transparent?
Here’s just a few -
Wow, $3.4 million to build a 13 foot tunnel for turtles? How much is that a foot? Nice work if you can get it.
http://www.jsonline.com/business/82657582.html
anything changed since?
there are many more outrageous allocations of stimulus money - someone needs to demand a list.
I know this may sound counter-intuitive, but maybe we should be cheering Obama on, because if Obama has proven anything over the last two years is that liberal economic policies are a complete failure. Put simply, let him dig his own grave.
Any person who has taken ECON 101 or has done business in the real world can tell you that more government spending, more regulations and higher taxes are not a recipe for economic growth and job creation.
Barack Obama has proven to all and sundry that you can’t control a $13 trillion dollar economy by imperial fiat from Washington DC.
I believe it was Bush senior who said something similar, and the press tried to crucify him.
“Many think there won’t be a double-dip recession because we never exited from recession.”
It’s simply the way that ‘recession’, ‘depression’ and ‘recovery’ are defined. Technically, we exited the recession. Of course, it was essentially smoke and mirrors in large part, and it didn’t help people in any meaningful way.
I’d make an analogy to a crummy Little League team that wins a bunch of games because their opponents don’t have enough players, and the team winds up with an 11-10 record at the end of the year. If Obama was coaching the team, he’d go around boasting every day how it had a “winning record”. Technically true, but so what?
As delusional as the Captain of the Titanic probably with same result as well.
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