Click Florida
Free Republic Is America's Brightest Hope
Give once,
Donate monthly
Or sponsor New Monthly Donors
For a one-time contribution of just $10 each
FReepmail TheOldLady to be a sponsor
Posted on 08/03/2011 12:57:00 PM PDT by Justaham
The U.S. debt ceiling crisis had an unnecessary negative impact on the economy, President Barack Obama said on Wednesday, while a congressional impasse over aviation could cost the government $1 billion in lost revenues.
Obama signed legislation into law on Tuesday that would raise the U.S. debt ceiling and cut spending, averting a default hours before a deadline.
"The economy is still weakened, partly because of some things we couldn't control like the Japanese earthquake and the situation in Europe as well as the Arab Spring and its effect on oil prices," Obama told reporters at the White House at the beginning of a meeting with his Cabinet on Wednesday.
"Unfortunately the debt ceiling crisis over the last month, I think, has had an unnecessary negative impact on the economy ... as well," he said.
Obama said a disagreement in Congress that has led to a partial shutdown of federal aviation programs was another example of how work in Washington can have an adverse effect on the economy.
He urged lawmakers to settle their differences by the end of the week.
(Excerpt) Read more at reuters.com ...
I’m sorry, Hussein, but the ruined-economy ship sailed long before the debt ceiling ruckus. In fact, you were at the helm of the ship.”
He really hasn’t a clue, but, unfortunately, his followers are even more clueless.
Hey Obama,
You’re a Liar.
We’re throwing you out of office soon, you twit.
Regards,
The people of the USA
He says over things “we can’t control”. And that’s the problem. The government controls too much. But the lib socialists want it to control everything.
retard, he trumped up the date. Pathetic, simply pathetic.
He is insane.
"Unfortunately the debt ceiling crisis over the last month, I think, has had an unnecessary negative impact on the economy ... as well," he said.
Which set does the pointless war in Libya we've been dragged into belong to? Things we couldn't control because the Euros decided to try to push Gadaffi out, or the one we could control because we decided to join them?
Criminally insane.
“Pass The Buck” Obama strikes again. Is there any excuse he hasn’t used?
The guy is so intellectually challenged he doesn’t understand economics, and the fact his policies have scared investors away, have seriously scared the world, and the lack of an economic plan that’s recognizable by any expert, will destroy this country.
No Obama ... you and the Dems hurt the economy!
No - He is offering us ... “World Peas”
The next time you see a can of sardines, check out the country of origin. Even American sardines may be caught by American fishermen , but processed through foreign companies who “own” the American fishery through “Catch Shares”, promulgated through NOAA/ Dept. of Commerce.
The “debt crisis” was manufactured ~ and still another lie !
Everytime he opens his mouth he hurts my head, I’m suing like he’s now suing Alabama for their illegal alien laws. Can all of us with anger and head aches from listennig to his lies sue him? Call it “Left Brained Pseudologia Fantastica Obamitis/severe.”
The AnointedIdiot is truly a clueless idiot.
We should sue the libtard progressive Dems for a false bill of goods given they lied when they proclaimed that the AnointedIdiot was the smartest POTUS we ever had. =.=
Take a good long look....
There it is....
It is YOU!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.