This is vintage Mr. Obama. He tries to cover everything and nothing. To summarize most of his speeches: The economy is looking up, but it could go down again just as fast. I will solve the problems of the world, but it will take more than the earth’s lifetime.
young voter you just don’t get it.
so sad. did you even hear the president speak today. the speech was idiot proof.
come on now young voter. you can’t be serious.
I love the analogy about the parents who invest in their child’s college even in bad times. The parent doesn’t make the child quit school and get a job at some burger joint. NO. The parents keep investing in their child’s future so that one day their child can have the best opportunity at success.
Much like America. America is investing in itself so that the future will provide the best opportunities for the next generation.
I’m still waiting for Obama to start acting responsible. the Stimulus was 80% pork and payoffs. The Omnibus bill had about 9000 Pork projects and an huge increase in spending. I’m still waiting to see how you control budget deficits with huge increases in health spending. How is the economy going to grow when his cap and trade causes large increases in energy prices to control make believe Global warming. The global temp. has been cooling for seven years and hasn’t risen since 1998. The facts are there, look them up.
Obamas energy policy is to invest in clean energy (wind and solar). He wants to double it to 2%, what about the other 98%. They won’t even talk about nuclear or natural gas, while cutting off more of our access to our oil and coal. Never mind that wind and solar cost 4 to 6 times as much as coal and nat.gas which we have plenty of (what is your energy bill x5), but the government is going to subsidise wind and solar costing the government money istead of using nuclear, coal, oil, and natural gas. that provide the government with tax revenue. Incidently when the subsidies become to expensive and get cut so will those
” good paying green jobs”. Please look at what our President is proposing, it is Fiscially Iresponsible and an Economic Impossibility. You can not spend your way out of Debt. It’s not an investment if there is no return. A little sanity would be nice. Thank you.
Posted by: Philip V. | April 14, 2009, 9:44 pm 9:44 pm
Phillip V.
Since you are the great source of responsibility and knowledge of what’s best for the economy, why don’t you put down your teabag and run for President.
“America is investing in itself…”
That’s the funniest one I’ve read this week.
Meantime, having examined Obama’s proposals, Roubini predicts the recession will continue through the end of this year, and next year’s growth will be anemic. He predicts unemployment at 11%. Guess the speech didn’t impress him that much.
Does anyone of you frustrated Republicans have the heart,honesty or sincerety to give president Obama credit for the cool, calm and collected way in which he handled the somali piracy issue the other day? I know if the president were Bush we would have heard gunslinger talk and threats which would have amounted to nought. After the captain was saved Obama did not take credit for anything (vis a vis mission accomplished) but he gave all the credit to the military and commended the excellent job that they did. The other day Gringrich was criticizing Obama for not saying tough words about the piracy issue..at least I have to give Gringrich some credit for coming out yesterday and saying that Obama deserves credit for the way he handled the crises and allowed the military to do its job. Obama is a smart and brilliant president the likes of which we have not seen in ages and if he gets the support of the American people, he will do an excellent job of leading our nation to recovery. God bless president Obama and God bless America!
Posted by: Stanley | April 14, 2009, 10:10 pm 10:10 pm
“They won’t even talk about nuclear…”
Did all of you guys miss the whole ‘No Nukes’ movement in the late ’70′s early 80′s? Nuclear power might sound great to some people, until it’s time to find the place to actually build the power plants and store the spent fuel rods. That’s when you find out that NOBODY wants them anywhere near their town.
please make it a point to attend one of the many tax day tea parties that are being held all across america tomorrow of course the mainstream media is not reporting them they are very vital to the future of america!!!
The economy has lost over 2 million jobs since Obama announce he will create 4 million. GM is about to file bankruptcy. Obama is tripling the deficit with no guarantees of job increases. Consumer spending crashes.
Yep, the economy is looking up.
Facist Hyena:”Meantime, having examined Obama’s proposals, Roubini predicts the recession will continue through the end of this year, and next year’s growth will be anemic. He predicts unemployment at 11%. Guess the speech didn’t impress him that much.”
Unfortunately, the Republicans petulantly refuse to allow the type of aggressive action that Roubini and many other economists believe is necessary to soften the landing. Before the Republicans gutted it (almost 10% of the package to cut the AMT tax? NO ONE thinks that will do any good!), Obama’s stimulus proposal was much closer to what Roubini urged Congress to adopt.
“Since most components of private aggregate demand are sharply falling right now (private consumption, residential investment, non-residential investment in structures, capex spending by the corporate sector on software and machinery) a major additional fiscal stimulus is necessary to reduces the depth and length of the current economic contraction. And since direct tax incentives have not been effective in boosting consumption and capex spending (as worried households and firm are retrenching their spending) the new round of fiscal stimulus will have to take the form of direct government spending on goods and services (preferably productive investment in infrastructures) and provision to income to those agents in the economy more likely to spend it (block grants to state and local governments, increased unemployment benefits to unemployed workers, etc.).” -Roubini, written testimony to Congress
Tabtwo,
Obama has been in office a little more than three months and you expect him to turn an economy that was destroyed in eigth years back to a modicum of normalcy in three month..Very wise of you..wink wink! I am glad that all the polls are showing that most Americans overwhelmingly support president Obama’s proposals..only the few frustrated Republicans(a few on this blog site)are constantly criticizing president Obama for every thing he say or do..yet they have no alternative plan or solution..very wise(wink, wink). God bless president Obama and God bless America!
Posted by: Stanley | April 14, 2009, 10:58 pm 10:58 pm
Even after President Obama presented his ideas to the G-20 to combat the GLOBAL economic crisis, the domestic Republicans are still ignorantly assessing America’s recession as Obama’s recession when in fact the world is still reeling from the TARP debacle Bush and his pal Paulson set in motion prior to leaving us with a wrecked country and ransacked globe.
Posted by: clarity | April 15, 2009, 1:07 am 1:07 am
i agree the economy rebound but unemployment up again in 200p its a bad news
Posted by: forex brokers | April 15, 2009, 6:12 am 6:12 am
Obama is a master at talking out of both sides of his mouth.
Posted by: Rasputin3.14 | April 15, 2009, 6:21 am 6:21 am
Stanley,
Here’s the problem with you and every Obama supporter’s argument. You claim Obama’s “only” been in office 3 months and he has to fix what was “broken” in “8 years”. First, our Constitution is very clear about which branch spends money, Legislative, and what party had control of the Legislative Branch for the past 2 years? Democrats. Now, the economy had record growth in 5 or the 6 years the Republicans had the Executive and Legislative. Those are just facts, not partisan rhetoric. Second, Obama promised 4 million created jobs but if he loses 2 million since the promise, is he now obligated to create 6 million jobs? If not then he is only maintaining the current situation that the Democrat led legislative left us. If our schools don’t want to teach the Constitutional roles then maybe one of these self-learned yuts could go on the internet and read it themselves.
Posted by: Tabtwo | April 15, 2009, 6:54 am 6:54 am
I missed most of the speech.. but I assume he talked about hope and glimmers and Bush.
Posted by: DontGet818OnMeNow | April 15, 2009, 7:27 am 7:27 am
OMG.. hey Stanley, “Obama cool, calm and collected” ??? Does the guy have a pulse? He should take no credit in rescuing the captain of the ship. The U.S. NAVY did it, not Obama.
Sure he gave the ok, like any other president would, but he waited a week to give the green light.
Pathetic.
Posted by: mjl | April 15, 2009, 7:55 am 7:55 am
So many forget that consumers run the economy, NOT the government. The gov’t doesn’t create anything. Until consumers have money in their pockets we won’t recover. That is either in the form of jobs, which keep disappearing because business’ are scared of obama, or you cut taxes. Obama isn’t helping either. He is a empty suit with a teleprompter. When are you robots going to see him for what he is? A tax and spend liberal who only cares about his power.
Posted by: chad | April 15, 2009, 8:06 am 8:06 am
And the Georgetown students swooned as Obama put them in debt for the rest of their lives.
They will realize who Obama is and what they really voted for in a few years.
Posted by: nick | April 15, 2009, 9:38 am 9:38 am
“A tax and spend liberal who only cares about his power.”
Well Chad, you have to understand that our only alternative was to elect another ‘borrow and spend’ corporate stooge who only cares about shifting power and wealth to those who already have enough of both, so we went with someone different.
Posted by: Skip | April 15, 2009, 9:40 am 9:40 am
“Well Chad, you have to understand that our only alternative was to elect another ‘borrow and spend’ corporate stooge who only cares about shifting power and wealth to those who already have enough of both, so we went with someone different.”
That made me think of a line from Family Guy in which Chris seeks to meet a pretty girl who is in the Young Republicans.
When he asks her what they do at Young Republican meetings, she replies
“We help those who already have the means to help themselves. Also, we perpetuate the idea that Jesus chose America to destroy non-believers and brown people.”
Posted by: Ryan C | April 15, 2009, 2:38 pm 2:38 pm
“Now, the economy had record growth in 5 or the 6 years the Republicans had the Executive and Legislative. Those are just facts, not partisan rhetoric.”
The GDP grew but there was no record.
And the percentage of people eligible to work but who are not employed (as opposed to those actively collecting unemployment) remained constant.
Posted by: Ryan C | April 15, 2009, 2:40 pm 2:40 pm
Email
Sen. DeMint: GOP Race Could Go Until Convention 
Obama Avoids Questions on Contraception Rule
This is vintage Mr. Obama. He tries to cover everything and nothing. To summarize most of his speeches: The economy is looking up, but it could go down again just as fast. I will solve the problems of the world, but it will take more than the earth’s lifetime.
Posted by: young_voter | April 14, 2009, 9:21 pm 9:21 pm
young voter you just don’t get it.
so sad. did you even hear the president speak today. the speech was idiot proof.
come on now young voter. you can’t be serious.
Posted by: Omentum | April 14, 2009, 9:26 pm 9:26 pm
I love the analogy about the parents who invest in their child’s college even in bad times. The parent doesn’t make the child quit school and get a job at some burger joint. NO. The parents keep investing in their child’s future so that one day their child can have the best opportunity at success.
Much like America. America is investing in itself so that the future will provide the best opportunities for the next generation.
Posted by: Omentum | April 14, 2009, 9:31 pm 9:31 pm
I’m still waiting for Obama to start acting responsible. the Stimulus was 80% pork and payoffs. The Omnibus bill had about 9000 Pork projects and an huge increase in spending. I’m still waiting to see how you control budget deficits with huge increases in health spending. How is the economy going to grow when his cap and trade causes large increases in energy prices to control make believe Global warming. The global temp. has been cooling for seven years and hasn’t risen since 1998. The facts are there, look them up.
Obamas energy policy is to invest in clean energy (wind and solar). He wants to double it to 2%, what about the other 98%. They won’t even talk about nuclear or natural gas, while cutting off more of our access to our oil and coal. Never mind that wind and solar cost 4 to 6 times as much as coal and nat.gas which we have plenty of (what is your energy bill x5), but the government is going to subsidise wind and solar costing the government money istead of using nuclear, coal, oil, and natural gas. that provide the government with tax revenue. Incidently when the subsidies become to expensive and get cut so will those
” good paying green jobs”. Please look at what our President is proposing, it is Fiscially Iresponsible and an Economic Impossibility. You can not spend your way out of Debt. It’s not an investment if there is no return. A little sanity would be nice. Thank you.
Posted by: Philip V. | April 14, 2009, 9:44 pm 9:44 pm
Phillip V.
Since you are the great source of responsibility and knowledge of what’s best for the economy, why don’t you put down your teabag and run for President.
Posted by: Omentum | April 14, 2009, 10:09 pm 10:09 pm
“America is investing in itself…”
That’s the funniest one I’ve read this week.
Meantime, having examined Obama’s proposals, Roubini predicts the recession will continue through the end of this year, and next year’s growth will be anemic. He predicts unemployment at 11%. Guess the speech didn’t impress him that much.
Posted by: Fascist Hyena | April 14, 2009, 10:09 pm 10:09 pm
Does anyone of you frustrated Republicans have the heart,honesty or sincerety to give president Obama credit for the cool, calm and collected way in which he handled the somali piracy issue the other day? I know if the president were Bush we would have heard gunslinger talk and threats which would have amounted to nought. After the captain was saved Obama did not take credit for anything (vis a vis mission accomplished) but he gave all the credit to the military and commended the excellent job that they did. The other day Gringrich was criticizing Obama for not saying tough words about the piracy issue..at least I have to give Gringrich some credit for coming out yesterday and saying that Obama deserves credit for the way he handled the crises and allowed the military to do its job. Obama is a smart and brilliant president the likes of which we have not seen in ages and if he gets the support of the American people, he will do an excellent job of leading our nation to recovery. God bless president Obama and God bless America!
Posted by: Stanley | April 14, 2009, 10:10 pm 10:10 pm
“They won’t even talk about nuclear…”
Did all of you guys miss the whole ‘No Nukes’ movement in the late ’70′s early 80′s? Nuclear power might sound great to some people, until it’s time to find the place to actually build the power plants and store the spent fuel rods. That’s when you find out that NOBODY wants them anywhere near their town.
Posted by: Skip | April 14, 2009, 10:31 pm 10:31 pm
please make it a point to attend one of the many tax day tea parties that are being held all across america tomorrow of course the mainstream media is not reporting them they are very vital to the future of america!!!
Posted by: soccermom021 | April 14, 2009, 10:37 pm 10:37 pm
The economy has lost over 2 million jobs since Obama announce he will create 4 million. GM is about to file bankruptcy. Obama is tripling the deficit with no guarantees of job increases. Consumer spending crashes.
Yep, the economy is looking up.
Posted by: Tabtwo | April 14, 2009, 10:42 pm 10:42 pm
Facist Hyena:”Meantime, having examined Obama’s proposals, Roubini predicts the recession will continue through the end of this year, and next year’s growth will be anemic. He predicts unemployment at 11%. Guess the speech didn’t impress him that much.”
Unfortunately, the Republicans petulantly refuse to allow the type of aggressive action that Roubini and many other economists believe is necessary to soften the landing. Before the Republicans gutted it (almost 10% of the package to cut the AMT tax? NO ONE thinks that will do any good!), Obama’s stimulus proposal was much closer to what Roubini urged Congress to adopt.
“Since most components of private aggregate demand are sharply falling right now (private consumption, residential investment, non-residential investment in structures, capex spending by the corporate sector on software and machinery) a major additional fiscal stimulus is necessary to reduces the depth and length of the current economic contraction. And since direct tax incentives have not been effective in boosting consumption and capex spending (as worried households and firm are retrenching their spending) the new round of fiscal stimulus will have to take the form of direct government spending on goods and services (preferably productive investment in infrastructures) and provision to income to those agents in the economy more likely to spend it (block grants to state and local governments, increased unemployment benefits to unemployed workers, etc.).” -Roubini, written testimony to Congress
Posted by: jhw539 | April 14, 2009, 10:49 pm 10:49 pm
Tabtwo,
Obama has been in office a little more than three months and you expect him to turn an economy that was destroyed in eigth years back to a modicum of normalcy in three month..Very wise of you..wink wink! I am glad that all the polls are showing that most Americans overwhelmingly support president Obama’s proposals..only the few frustrated Republicans(a few on this blog site)are constantly criticizing president Obama for every thing he say or do..yet they have no alternative plan or solution..very wise(wink, wink). God bless president Obama and God bless America!
Posted by: Stanley | April 14, 2009, 10:58 pm 10:58 pm
Even after President Obama presented his ideas to the G-20 to combat the GLOBAL economic crisis, the domestic Republicans are still ignorantly assessing America’s recession as Obama’s recession when in fact the world is still reeling from the TARP debacle Bush and his pal Paulson set in motion prior to leaving us with a wrecked country and ransacked globe.
Posted by: clarity | April 15, 2009, 1:07 am 1:07 am
i agree the economy rebound but unemployment up again in 200p its a bad news
Posted by: forex brokers | April 15, 2009, 6:12 am 6:12 am
Obama is a master at talking out of both sides of his mouth.
Posted by: Rasputin3.14 | April 15, 2009, 6:21 am 6:21 am
Stanley,
Here’s the problem with you and every Obama supporter’s argument. You claim Obama’s “only” been in office 3 months and he has to fix what was “broken” in “8 years”. First, our Constitution is very clear about which branch spends money, Legislative, and what party had control of the Legislative Branch for the past 2 years? Democrats. Now, the economy had record growth in 5 or the 6 years the Republicans had the Executive and Legislative. Those are just facts, not partisan rhetoric. Second, Obama promised 4 million created jobs but if he loses 2 million since the promise, is he now obligated to create 6 million jobs? If not then he is only maintaining the current situation that the Democrat led legislative left us. If our schools don’t want to teach the Constitutional roles then maybe one of these self-learned yuts could go on the internet and read it themselves.
Posted by: Tabtwo | April 15, 2009, 6:54 am 6:54 am
I missed most of the speech.. but I assume he talked about hope and glimmers and Bush.
Posted by: DontGet818OnMeNow | April 15, 2009, 7:27 am 7:27 am
OMG.. hey Stanley, “Obama cool, calm and collected” ??? Does the guy have a pulse? He should take no credit in rescuing the captain of the ship. The U.S. NAVY did it, not Obama.
Sure he gave the ok, like any other president would, but he waited a week to give the green light.
Pathetic.
Posted by: mjl | April 15, 2009, 7:55 am 7:55 am
So many forget that consumers run the economy, NOT the government. The gov’t doesn’t create anything. Until consumers have money in their pockets we won’t recover. That is either in the form of jobs, which keep disappearing because business’ are scared of obama, or you cut taxes. Obama isn’t helping either. He is a empty suit with a teleprompter. When are you robots going to see him for what he is? A tax and spend liberal who only cares about his power.
Posted by: chad | April 15, 2009, 8:06 am 8:06 am
And the Georgetown students swooned as Obama put them in debt for the rest of their lives.
They will realize who Obama is and what they really voted for in a few years.
Posted by: nick | April 15, 2009, 9:38 am 9:38 am
“A tax and spend liberal who only cares about his power.”
Well Chad, you have to understand that our only alternative was to elect another ‘borrow and spend’ corporate stooge who only cares about shifting power and wealth to those who already have enough of both, so we went with someone different.
Posted by: Skip | April 15, 2009, 9:40 am 9:40 am
“Well Chad, you have to understand that our only alternative was to elect another ‘borrow and spend’ corporate stooge who only cares about shifting power and wealth to those who already have enough of both, so we went with someone different.”
That made me think of a line from Family Guy in which Chris seeks to meet a pretty girl who is in the Young Republicans.
When he asks her what they do at Young Republican meetings, she replies
“We help those who already have the means to help themselves. Also, we perpetuate the idea that Jesus chose America to destroy non-believers and brown people.”
Posted by: Ryan C | April 15, 2009, 2:38 pm 2:38 pm
“Now, the economy had record growth in 5 or the 6 years the Republicans had the Executive and Legislative. Those are just facts, not partisan rhetoric.”
The GDP grew but there was no record.
And the percentage of people eligible to work but who are not employed (as opposed to those actively collecting unemployment) remained constant.
Posted by: Ryan C | April 15, 2009, 2:40 pm 2:40 pm