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  1. #1
    Senior Member
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    Obama: "The Private Sector Is Doing Fine"

    True or false?

    Question: What about the Republicans saying that you're blaming the Europeans for the failures of your own policies?

    President Obama: The truth of the matter is that, as I said, we created 4.3 million jobs over the last 27 months, over 800,000 just this year alone.

    The private sector is doing fine. Where we're seeing weaknesses in our economy have to do with state and local government. Oftentimes cuts initiated by, you know, Governors or mayors who are not getting the kind of help that they have in the past from the federal government and who don't have the same kind of flexibility as the federal government in dealing with fewer revenues coming in.

    And so, you know, if Republicans want to be helpful, if they really want to move forward and put people back to work, what they should be thinking about is how do we help state and local governments and how do we help the construction industry? Because the recipes that they're promoting are basically the kinds of policies that would add weakness to the -- to the economy, would result in further layoffs, would not provide relief in the housing market, and would result, I think most economists estimate, in lower growth and fewer jobs, not more.
    http://www.realclearpolitics.com/vid...oing_fine.html

    This is a link to job reports.
    http://www.wantedanalytics.com/insig...s/bls-nonfarm/
    Last edited by JBond; 06-08-2012 at 04:13 PM.
    When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it. --Frederic Bastiat

  2. #2
    'If the Republicans want to be helpful they can move forward and put people back to work.'


    This fool rode in on the confidence that a Democrat would put people back to work, because it was a Republican who caused the mess. Even a partisan hack has to see this guy is not qualified for this job. I mean I could see some of them pining for Hilary just to get another Clinton in the White House, but this guy is failure where it counts. But he does support gay marriage!

  3. #3
    "For the President of the United States to stand up and say, 'the private sector is doing fine,' is going to go down in history as an extraordinary miscalculation and misunderstanding by a president who is out of touch. And we're going to take back this country and get America working again," Mitt Romney said at a campaign event in Council Bluffs, Iowa today.
    Link

  4. #4

 

 

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