clevergirl
Gold Member
- Oct 22, 2009
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Obama Says Private Sector Fine But State Governments Need Federal Help - Investors.com
Leadership: An incoherent press conference and contradictory explanation show that if the president thinks the answer to job-killing federal policies is boosting state and local governments with borrowed money, we're really in trouble.
'Tone deaf" fails to describe President Obama's statement at Friday's press conference that "the private sector is doing fine," when median income is down 10% in three years, family net worth has plunged 39%, 23 million Americans are out of work and the official unemployment rate tops 8% for the 40th month in a row, the longest sustained period at that level since the Great Depression.
Leadership: An incoherent press conference and contradictory explanation show that if the president thinks the answer to job-killing federal policies is boosting state and local governments with borrowed money, we're really in trouble.
'Tone deaf" fails to describe President Obama's statement at Friday's press conference that "the private sector is doing fine," when median income is down 10% in three years, family net worth has plunged 39%, 23 million Americans are out of work and the official unemployment rate tops 8% for the 40th month in a row, the longest sustained period at that level since the Great Depression.