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| Economy |
| Champ Credits Self for Economic Recovery ‐ 'Smart Decisions Early On' |
| 2016-06-05 |
| [Breitbart] In his weekly address released Saturday morning, President Barack Obama credited himself for the economic recovery throughout the country and specifically pointed to Elkhart, IN, where he gave a speech about the economy earlier in the week as an example. Transcript as follows: Elkhart, IN was the first town I visited as President. I’d been on the job for three weeks, and we were just a few months into the worst economic crisis of our lifetimes. Elkhart was hit harder than most. Unemployment there peaked at nearly twenty percent shortly after my visit. Nearly one in five people there were out of work. This week, I returned to Elkhart. Unemployment there has now fallen to around four percent. More families are back on sturdy ground; more are covered by health insurance; more of their kids are graduating from high school. And it’s no accident ‐ it’s because people there worked hard, and sacrificed, and looked out for each other. But it’s also because we made a series of smart decisions early in my presidency. To rescue the auto industry. To help families refinance their homes. To invest in things like high-tech manufacturing, clean energy, and the infrastructure that creates good new jobs ‐ not to mention the job training that helps folks earn new skills to fill those jobs. The results are clear. America’s businesses have created 14.5 million new jobs over 75 straight months. We’ve seen the first sustained manufacturing growth since the nineties. We’ve cut unemployment by more than half. Another 20 million Americans have health insurance. And we’ve cut our deficits by nearly 75 percent. |
| Posted by:Besoeker |
| #11 Baldfaced lies that aren't even being challenged by the MSM. If Hillary wins it will be a civil war. |
| Posted by: DarthVader 2016-06-05 23:32 |
| #10 Okie Dokie! |
| Posted by: Thing From Snowy Mountain 2016-06-05 18:24 |
| #9 utter inability of the ...reporters,to comprehend basic math or economics. Sorry, NoMoreBS, they comprehend it all to well. What they are doing is covering the ass of their chosen ass. |
| Posted by: AlanC 2016-06-05 17:04 |
| #8 What economic recover? |
| Posted by: Abu Uluque 2016-06-05 17:00 |
| #7 I believe they had record tax revenue yet still outspent it. Posted by: Frank G But, but, but under-spending revenues might indicate taxes are too high and the tax burden is in need of adjustment. |
| Posted by: Besoeker 2016-06-05 15:13 |
| #6 I believe they had record tax revenue yet still outspent it |
| Posted by: Frank G 2016-06-05 13:48 |
| #5 Who gives a crap about the reduction of the deficit when you have doubled the debt. That such a preposterous assertion can be made and not laughed at speaks to the utter inability of the public, or reporters, to comprehend basic math or economics. IN eight years this jackass has doubled the debt created in the previous entire history of the nation! And he claims that is an economic success. What a cretin... |
| Posted by: NoMoreBS 2016-06-05 13:35 |
| #4 The propaganda machine has zero back on the teleprompter after his stuttering speach about Trump last week. |
| Posted by: Unelet Protector of the Sith2424 2016-06-05 13:34 |
#3  Belated snark of the day goes to poster Phereper mike.VFW blasts Obama for asserting members are confused by right-wing media #10 So today I joined the VFW on the slight chance it might annoy Obama a bit. I can hope. Posted by Phereper mike 2016-06-03 23:21|| 2016-06-03 23:21|| Front Page Top |
| Posted by: Besoeker 2016-06-05 13:15 |
| #2 I believe the "newly insured" include those who just picked up dental insurance. |
| Posted by: gorb 2016-06-05 13:05 |
| #1 We’ve cut unemployment by more than half. TRANSLATION: "We've redefined unemployment to drag the numbers down enough so the media doesn't get any ideas." Another 20 million Americans have health insurance. TRANSLATION: "...Not that many of 'em are gonna be able to afford keep it once I leave office. And besides, the ACA wasn't for a few tens of millions of Americans; I could care less about those rubes. This was for a few thousand un-elected elites and four hundred-something idiots in Washington." And we’ve cut our deficits by nearly 75 percent. TRANSLATION: "...Of course, twenty-five percent of sh!tty is still sh!tty, but what are you gonna do? De-gendering bathrooms ain't gonna pay for itself." Mike |
| Posted by: Mike Kozlowski 2016-06-05 12:44 |