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Offline DULurkster

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Obama says economy has stabilized
« on: August 05, 2009, 03:33:42 PM »
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sabra      Wed Aug-05-09 03:59 PM
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Obama says economy has stabilized   Updated at 4:00 PM
   
Source: MSNBC

President answers questions from msnbc.com readers, NBC News

Quote
President Barack Obama said Wednesday that the economy had stabilized and was beginning a slow recovery, telling NBC News in an exclusive interview that it was now his job to “make sure that ordinary people have some relief.”

Speaking with Chuck Todd, NBC’s chief White House correspondent and political director, Obama answered questions about the economy, health care and unemployment benefits that were submitted this week by readers of msnbc.com.

...

In recent days, the administration has pointed to economic indicators that it says suggest the economy is slowly beginning to recover. For Obama, the challenge is to connect directly with Americans to persuade them to remain optimistic while they wait for that recovery to take hold.

“Obviously, the unemployment rate is still elevated,” he said in the interview. But “you have seen the economy stabilize.”

Still, Obama acknowledged that many Americans were unhappy with the pace of recovery under his $788 billion economic stimulus program, saying the frustrations of people like Jennifer Holderread of Elkhart were “legitimate.”

Read more: http://www.msnbc.msn.com/id/32301569/ns/us_news-the_elk... /


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dhpgetsit  Donating Member  (916 posts)  J     Wed Aug-05-09 04:05 PM
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1. I'll believe it when employment is a healthy 95%
   
And you don't have people with degrees competing for entry level fast food jobs.


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CreekDog  Donating Member  (1000+ posts)     Wed Aug-05-09 04:06 PM
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2. i guess that's good news
   
but in reality it's still bad news.


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kickysnana  Donating Member  (1000+ posts)       Wed Aug-05-09 04:12 PM
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3. Stabilized into a downward motion or he hasn't a clue (sigh) n/t


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TheWatcher  (1000+ posts)       Wed Aug-05-09 04:13 PM
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4. He is lying. Plain and simple.
   
Edited on Wed Aug-05-09 04:16 PM by TheWatcher
The Ordinary People, as he so lovingly refers to us as, have seen times get worse and worse, all throughout the Propaganda Blitz to try to Brainwash us into thinking otherwise that started on March 10th, with Citi telling us about their Phantom Profits that didn't exist, and this Manipulated, Fake, Stock Market Bubble that has been presented to us as God's Superior Indisputable Evidence that a Recovery is afoot.

BULLSHIT, Mr. President.

You may be much smarter, much more human than the last dictator was, but some of us are just not going to fall for it anymore.

Stop Lying.

And while you're at it, get rid of Ben, Tim, and the rest of the criminals and get some people that actually want to serve the interests of WE THE PEOPLE, not Goldman Sachs.

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x4001737
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Offline thundley4

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Re: Obama says economy has stabilized
« Reply #1 on: August 05, 2009, 03:43:33 PM »
The DUmmies don't realize that positive reporting are a needed part of any recovery, just as much as loads of negativity help to drive the economy downward.  (I still think he's wrong, and it hasn't bottomed out yet.)
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Offline franksolich

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Re: Obama says economy has stabilized
« Reply #2 on: August 05, 2009, 03:44:36 PM »
Quote from: thundley4 on August 05, 2009, 03:43:33 PM
The DUmmies don't realize that positive reporting are a needed part of any recovery, just as much as loads of negativity help to drive the economy downward.  (I still think he's wrong, and it hasn't bottomed out yet.)

No way has the economy bottomed out yet.  Not even close.
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Offline DumbAss Tanker

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Re: Obama says economy has stabilized
« Reply #3 on: August 05, 2009, 03:47:37 PM »
Maybe it has.  Maybe it hasn't.  One thing for sure, Obama is the last guy in the world I'd take as a definitive source on it.
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Offline Chris_

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Re: Obama says economy has stabilized
« Reply #4 on: August 05, 2009, 04:43:09 PM »
I haven't really seen many signs of recovery yet. My work load is down 35% from last year at this time. If you compare it to 2006 (the year the dems began the destruction of the country) it is down over 45%. My savings is slowly disappearing. I'm nearing the point of living week to week. OMG!!! Are they turning me into one of them?
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Offline jukin

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Re: Obama says economy has stabilized
« Reply #5 on: August 05, 2009, 04:51:56 PM »
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kickysnana  Donating Member  (1000+ posts)       Wed Aug-05-09 04:12 PM
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3. Stabilized into a downward motion or he hasn't a clue (sigh) n/t

RUR-ROH, I agree with a DUmmy...which smells of mole trap.

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Offline The Village Idiot

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Re: Obama says economy has stabilized
« Reply #6 on: August 05, 2009, 04:54:35 PM »
Quote from: thundley4 on August 05, 2009, 03:43:33 PM
The DUmmies don't realize that positive reporting are a needed part of any recovery, just as much as loads of negativity help to drive the economy downward.  (I still think he's wrong, and it hasn't bottomed out yet.)

what recovery? when Cap N Trade and their version of healthcare hits, its the end of any economy
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Offline Happy Fun Ball

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Re: Obama says economy has stabilized
« Reply #7 on: August 05, 2009, 05:08:43 PM »
Quote from: FGL on August 05, 2009, 04:54:35 PM
what recovery? when Cap N Trade and their version of healthcare hits, its the end of any economy
And card check to finish it off.
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Offline GOBUCKS

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Re: Obama says economy has stabilized
« Reply #8 on: August 05, 2009, 05:17:43 PM »
Quote from: thundley4 on August 05, 2009, 03:43:33 PM
The DUmmies don't realize that positive reporting are a needed part of any recovery, just as much as loads of negativity help to drive the economy downward.  (I still think he's wrong, and it hasn't bottomed out yet.)
You are exactly right, regardless of whether business is rising, falling, or flat.

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Offline DumbAss Tanker

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Re: Obama says economy has stabilized
« Reply #9 on: August 05, 2009, 06:49:40 PM »
Quote from: FGL on August 05, 2009, 04:54:35 PM
what recovery? when Cap N Trade and their version of healthcare hits, its the end of any economy

Well, that's a no-shitter.  The economy might survive a watered-down, semi-neutered health bill, but cap-and-trade would completely shoot it in the ass.
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Offline LC EFA

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Re: Obama says economy has stabilized
« Reply #10 on: August 05, 2009, 07:47:28 PM »
It may be on an even keel - but it's still sinking.
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Offline TheSarge

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Re: Obama says economy has stabilized
« Reply #11 on: August 05, 2009, 08:04:21 PM »
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TheWatcher  (1000+ posts) 

After the way I backed him down a few years back he should change his name to "TheCoward"   :tongue:
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Offline AllosaursRus

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Re: Obama says economy has stabilized
« Reply #12 on: August 05, 2009, 11:09:13 PM »
Quote from: DumbAss Tanker on August 05, 2009, 06:49:40 PM
Well, that's a no-shitter.  The economy might survive a watered-down, semi-neutered health bill, but cap-and-trade would completely shoot it in the ass.

I believe that is EXACTLY what he is after! He knows the more people he can put on the government tit, the more likely he can pass this shit and keep the DemonRats, including himself, in power!
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Offline Chris_

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Re: Obama says economy has stabilized
« Reply #13 on: August 05, 2009, 11:33:34 PM »
Well at least we are getting catching on to his little ploys and hopefully keep his ass out of office the next time
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Offline miskie

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Re: Obama says economy has stabilized
« Reply #14 on: August 06, 2009, 05:43:31 AM »
The One can't wait to have his 'Mission Accomplished' moment, can he ? Declaring victory while running from a war, or declaring victory ahead of schedule during a war is foolish, but neither affects the common man as much as an economy thats continuing to collapse. How does one run away from that, or shield the average person so he/she doesn't know they just lost their job ?

Even Lord Rove would have a difficult time making this a reality. And he wields dark magic stolen from the ancients.
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Offline JohnnyReb

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Re: Obama says economy has stabilized
« Reply #15 on: August 06, 2009, 07:33:50 AM »
economy has stabilized ....The Obama economy is like an olympic diver, he walks out onto the platform, gets stabilized, stands there a few seconds... and then takes a great dive.
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Offline Chris_

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Re: Obama says economy has stabilized
« Reply #16 on: August 06, 2009, 07:57:16 AM »
More like a huge belly flop :lmao:
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