Washington Post
While most U.S. voters still blame the Bush Administration for the nation’s economic problems, a growing number are inclined to blame President Barack Obama.
Obama only has a few weeks at most to keep using the “inherited from my predecessor” defense, if that. The next joblessness report comes out in early July.
The likelihood of severe unemployment extending into the 2010 midterm elections and beyond poses a significant political hurdle to President Obama and congressional Democrats, who are already under fire for what critics label profligate spending. Continuing high unemployment rates would undercut the fundamental argument behind much of that spending: the promise that it will create new jobs and improve the prospects of working Americans, which Obama has called the ultimate measure of a healthy economy.
Obama tersely acknowledged in an interview with Bloomberg Television last week that unemployment is likely to peak above 10 percent.
“They even predicted that if we passed it quickly, unemployment wouldn’t go higher than 8 percent. Well, here we are just a few months later and the unemployment rate is approaching 10 percent,” said Senate Minority Leader Mitch McConnell (R-Ky.). “The administration admits that their earlier predictions were a guess — and that they guessed wrong.”
Wild Thing’s comment……
You bet it is all on Obama and he better stop with the it is Bush’s fault bs.
If a conservative had become president in this last election we would already be on the up swing to revocery, I really believe that. There would not have been one HUGE spending bill after the other like Obama and Pelosi have been doing. This is all on Obama and he can get as upset, terse, snotty to those asking about it all he wants and it does not change that HE is the one to blame!
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…..Thank you Chief.
Chief Petty Officer
BM-0164-Assault Boat Coxswain
Vietnam 1964- 1970
1970-1988 US Coast Guard
And they guessed WRONG. SchiZam… I thought we had the best of the best working on this problem. I mean Timmy ‘the Tax-cheat’ Geithner just had to be confirmed he really knew what he was doing and was the only ONE who could save the country. Well here we are just months away from another winter and they tell us, the government is broke, Fuel cost are going to cost us and arm and a leg and if possible the first born in every household, but take heart, my friends we are just this close to success(fingers milimeters apart).
There is only one person who could come up with such a diabolical scheme and that is Soros. This has got to be written down for obama, it is so choreagraphed it’s almost perfect.
Obama is a community organizer and that’s it. There is no way this dud could even come up with half this crap, even with the help of a very inept congress, none of them have the brains for half this shit. If brains were dynamite collectively there wouldn’t be enough to blow their collective noses.
This whole charade was to reinstall and further the FDR New Deal that had been largely dismantled over the past 64 years, I firmly believe the entire debacle was conceived and staged by Socialist operatives to strip the wealth, destroy the ability to recover and shackle the nation to the UN dictates. TOTUS, that post turtle didn’t get there by hisself!!! This means that all those who voted for Obama were of this mentality .
Sheesh!!!
Jack I just checked the site you refereneced. This is exactly why we are in this mess.
Mark, DITTO that, Soros has his fingerprints
all over it.
Jack, wow thanks, yes there they are
the Obama people.