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Obama only sees the government workers. To him, the only thing that matters are those on the federal payroll. Shit, he's hired more than any in history, so in his alleged mind, the economy is booming.
Somehow repeating those silly things like a clockwork monkey does not make you terribly convincing.
This is hilarious.
In 2008, John McCain said, "the fundamentals of our economy are strong," and the Left had a field day while the Right went on the defensive.
Four years later, Obama says the private sector is doing fine, and in true Orwellian fashion, the Right is having a field day while the Left goes on the defensive.
"We have always been at war with Eastasia."
If you think there is any equivalence here then you are dumb as a bag of rocks.
I think he actually does think the private sector is fine. He's so out of touch with people.
Speaking at Hillsborough Community College in Tampa, the president said the economy is growing, following the worst downturn since the Great Depression, "but it needs to grow faster."
He said what's holding back growth is "a stalemate between two fundamentally different views in Washington about which direction we should go in." He told his audience Republicans, including presumptive presidential nominee Mitt Romney, "believe that we should go back to the top-down economics of the last decade." "They figure that if we simply eliminate regulations and cut taxes by trillions of dollars, then the market will solve all of our problems," Obama said. "They argue that if we help corporations and wealthy investors maximize their profits by whatever means necessary -- whether through layoffs or outsourcing or union-busting -- that it will automatically translate into jobs and prosperity that benefit all of us. "I believe we should do everything we can to help our entrepreneurs succeed," the president said. "I want our companies to be as profitable as they can be. But that alone is not enough. Because the central challenge we face right now -- the challenge that we've faced for over a decade -- is that bigger profits haven't led to better jobs. Bigger profits haven't led to higher incomes."
The president said American prosperity has always come from "a strong and growing middle class, and all those people who are striving and working to get into the middle class." "We don't need more top-down economics," he said. "What we need is some middle class-out economics, some bottom-up economics."
Obama cautioned supporters that Republicans will "spend more money than we have ever seen in the history of the Republic" on political ads "telling you that the economy is bad, it's all my fault, and I can't fix it because government is always the answer, according to me." "Or because I didn't make a lot of money in the private sector, or because I'm in over my head, or because I think everybody is doing just fine," the president said, eliciting laughter from the crowd. "And that may be their plan to win an election, but it's sure not a plan to create jobs," he said.
Read more: Obama: U.S. needs 'bottom-up economics' - UPI.com
He is clueless, is the problem. He doesn't understand how the economy works, any more than he understand foreign policy or anything else. He thinks every prblem can be solved by more gov't money.
Does Obama really think that the private sector is doing just fine? No, he doesn't. His problem is much worse -- Obama is pretty much incapable of expressing his thoughts.
What he wanted to say is that private sector is not hiring not because the taxes are too high. In fact, the private companies are swimming in cash and credit is cheap. But they are not expanding because they don't see enough demand for their products and their existing production capacity is underutilized.
Therefore we need to stimulate the demand, and the easiest way to do that is to help the local governments to hire back teachers they had to layoff.
That is what Obama wanted to say. What he ended up saying instead is that the private sector is doing just fine. The man is beyond help.
Does Obama really think that the private sector is doing just fine? No, he doesn't. His problem is much worse -- Obama is pretty much incapable of expressing his thoughts.
What he wanted to say is that private sector is not hiring not because the taxes are too high. In fact, the private companies are swimming in cash and credit is cheap. But they are not expanding because they don't see enough demand for their products and their existing production capacity is underutilized.
Therefore we need to stimulate the demand, and the easiest way to do that is to help the local governments to hire back teachers they had to layoff.
That is what Obama wanted to say. What he ended up saying instead is that the private sector is doing just fine. The man is beyond help.
Anything can be intentially spun or misrepresented. Obama speaks clearly. If you choose to believe those that lie and take others words and present them out of context to make him "sound" stupid or misinformed then that is on you. I saw the speach you all are so a-buzz about and had no trouble understanding what Obama was saying. What you and liars like you intentionally deleted from the context of that speach was that cutbacks in local, city, state and federal government that has been a major problem in our nations economic recovery. COMPARED to the public jobs sector private sector job creation IS DOING JUST FINE. Anyone with half a brain understands that and understood Obama's point. I can have sympathy for the retarded people that were not given functioning brains to handle life with. I cannot forgive the liars like you that know the truth and choose to lie and pass on others lies knowingly.
Fuck you. I hope THAT was clear enough for you assholes.
He is clueless, is the problem. He doesn't understand how the economy works, any more than he understand foreign policy or anything else. He thinks every prblem can be solved by more gov't money.
Does Obama really think that the private sector is doing just fine? No, he doesn't. His problem is much worse -- Obama is pretty much incapable of expressing his thoughts.
What he wanted to say is that private sector is not hiring not because the taxes are too high. In fact, the private companies are swimming in cash and credit is cheap. But they are not expanding because they don't see enough demand for their products and their existing production capacity is underutilized.
Therefore we need to stimulate the demand, and the easiest way to do that is to help the local governments to hire back teachers they had to layoff.
That is what Obama wanted to say. What he ended up saying instead is that the private sector is doing just fine. The man is beyond help.
Anything can be intentially spun or misrepresented. Obama speaks clearly. If you choose to believe those that lie and take others words and present them out of context to make him "sound" stupid or misinformed then that is on you. I saw the speach you all are so a-buzz about and had no trouble understanding what Obama was saying. What you and liars like you intentionally deleted from the context of that speach was that cutbacks in local, city, state and federal government that has been a major problem in our nations economic recovery. COMPARED to the public jobs sector private sector job creation IS DOING JUST FINE. Anyone with half a brain understands that and understood Obama's point. I can have sympathy for the retarded people that were not given functioning brains to handle life with. I cannot forgive the liars like you that know the truth and choose to lie and pass on others lies knowingly.
Fuck you. I hope THAT was clear enough for you assholes.
Aww the nanny stater is having a meltdown like a lil' infant...
" Anyone with half a brain understands that and understood Obama's point"
I guess you and O'Bananas got the stinky end of the stick in the brains dept. huh?
This is hilarious.
In 2008, John McCain said, "the fundamentals of our economy are strong," and the Left had a field day while the Right went on the defensive.
Four years later, Obama says the private sector is doing fine, and in true Orwellian fashion, the Right is having a field day while the Left goes on the defensive.
"We have always been at war with Eastasia."
