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Obama: Economic crisis 'not as bad as we think'
WASHINGTON (AP) - Confronting misgivings, even in his own party, President Barack Obama mounted a stout defense of his blueprint to overhaul the economy Thursday, declaring the national crisis is "not as bad as we think" and his plans will speed recovery.This is an hilarious defence of Obamomics by the author who has acknowledged that he doesn't understand the share market and proved it again last week with his defence of good "profit ratios" for stocks. Challenged to provide encouragement as the nation's "confidence builder in chief," Obama said Americans shouldn't be whipsawed by bursts of either bad or good news and he was "highly optimistic" [Please note the fine print qualification noted below] about the long term. Posted by: Omoter Speaking for Boskone7794 2009-03-13 |
| http://www.rantburg.com/poparticle.php?ID=264892 |