Posted on 08/30/2011 7:08:53 AM PDT by IbJensen
(CNSNews.com) - When asked questions about the presidents upcoming speech on jobs and economic growth yesterday, White House Spokesperson Jay Carney claimed that only the most fervent partisan would suggest the 8 million plus jobs lost in this recession were lost because of actions Barack Obama took.
The question was asked by CBS reporter Norah O'Donnell. The exchange appears in the official White House transcript of the press briefing:
Q -- Jay, the question is what is different in this new speech? What is going to be different?
MR. CARNEY: Well, you will see what the President proposes to enhance growth, enhance hiring, and you will judge then what's different about the new ideas that are contained within it as well as ideas that you've heard about. But I can't let the premise go uncommented on when you talk about the amount of job loss in the time since the President took -- was sworn into office. I don't think anybody except the most fervent partisan would suggest that the 8 million jobs lost because of this recession were lost because of actions that this President took. Those jobs were lost within the four months -- in the months prior to his swearing-in, his inauguration, and in the months thereafter.
Since this Presidents economic policies had a chance to take effect there have been more than 2 million private sector jobs created. The economy has grown, albeit not at a pace that satisfies him or any of us here in the administration. And thats just a matter of absolute record and fact -- indisputable.
The fact is that we inherited a terrible situation, a terrible economy, and an economy that threatened to become far worse than it did become -- because of the actions that this administration took with Congress in 2009 and perpetually since then in different measures that have been taken, as well as -- including December of last year.
Q: The President and youve made the case that the President inherited this economy. When does it become his economy?
MR. CARNEY: Look, hes responsible every day for this economy. He absolutely understands that and makes it clear. And hes responsible for working directly and with Congress to take every measure possible to improve the economic situation in this country to increase growth and job creation. But it has to be absolute --
Q: Is he responsible for the economy?
MR. CARNEY: -- he is not -- what has to be clear when you phrase a question like that in the way that you did, it has to be clear the situation that we have been -- the hole that we have been climbing out of as a country -- Democrats, independents, Republicans -- Americans have all been climbing out of because of the terrible, great recession that this country has endured.
So he is on the job and responsible every day. And thats why he is -- to go back to your first question -- why he is coming forward in the coming days with new proposals to further job creation and economic growth.
http://en.wikipedia.org/wiki/Parable_of_the_broken_window
My interpretation of this is that breaking a window is a net decrease to the system as a whole and is a net cost to the system.
Everything comes down to input and output of a system, that is why Keynesian Economics don’t work.
If they go back to basic system theory, they are making up false inputs into the system. Any balanced system when burdened with too much artificial input or output becomes unstable.
And that is if it was a physical system, just imagine once you through in human beings.
I remember in the 2008 primary campaign, when Bill and Hillary talked about how they had created 22 million jobs during the Clinton administration, whereas the Bush administration had created only 7 million jobs. Both Bill and Hillary talked about that.
I think the rule is, if good Democrats preside over a period of economic growth, then they say that this good Democrat president has created jobs.
But if a good Democrat presides over a period of decline, then the criteria change. At such times, then the good Democrats say that presidents don’t create jobs or lose jobs in the economy through their policies.
Or, we could say that if some criteria are to the benefit of a Democrat, then these criteria will be used. If the same criteria later on make a Democrat look bad, then we will change the criteria and ignore the previous criteria.
The MSM is getting tired of this nonsense too, when Nora Odonnell starts questioning Carney like this.
I think his true masters will toss Obama under the bus if it becomes obvious he will lose
Obama knows how to use the Bully Pulpit so blaming Bush will never end.
Are you suggesting that the current ‘journalists’ in the mainstream media would even wonder about publishing whatever the administration handed them?
It’s not just the political establishment that needs to be retired, in my humble opinion. The fourth estate has gone far past their sell-by date as well.
*sigh* who would have ever thought I would miss bill clintoon.
the rapist-in-chief at least was smart enough to cave to Republicans and we got a balanced budget out of him. (not by choice- but thanks to Newt Gingrich)
As a fervent partisan, I place the blame on the incompetent and unskilled and inexperienced Barack Obama.
The world has reached consensus........ fail
The net cost of Keynesianism to the system is the taking/destroying capital from the more efficient private sector to distribute it through the much less efficient gov't sector. They try to mitigate (lie about) this net loss to the system by talking about the "multiplier factor". This "multiplier" is just a rehash of the justification for the broken windows fallacy.
that presupposes that the average voter out there knows what the word “fervent” means anymore.
EPIC FAIL!
But Obama will be happy to claim credit for any job increases.
Shoot, he is the most immature person to ever occupy that office. The next time he accepts responsibility for anything will be the first.
I am looking to put my “fervent partisan” boot up Baghdad Bob Carney and the AnointedIdiot’s arse come November 2012, bet. =.=
When Reagan was in, the number they gave was .28 of a dollar actually makes it through the government for redistribution .. government spending. The rest is destroyed.
That's odd. Because I distinctly remember the media claiming with unmitigated glee, that owebama began governing the day after the election, not when he took office!
I read Keynesian as Kenyan.
(either is correct)
Hey! President Downgrade! Meet me. Partisan Number One.
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