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Obama says economy is "sound"...

Original post made by Perspective, Midtown, on Mar 15, 2009

Ok, now President Obama is saying the economy is "sound" in spite of the economic difficulties.

Ok, I will await the jeers, hoots, ridicule, jokes by Stewart, and letters to the editor that greeted McCain saying that the fundamentals of our economy were sound during the campaign. And, by the way, the riducule was heaped on McCain also by our very own President.

Will post the headlines and jokes as they come rolling in.

It is about time the guy showed even a modicum of faith in our system, ()except that the entire nation, even the world, knows that he doesn't mean it since this is the first time he has ever said anything positive about our economy). I guess he finally got the memo that he was destroying us with his crisis rhetoric.

Now, if only he would get the memo about his policies that are destroying us and reverse those!

Comments (7)

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Posted by resident
a resident of Adobe-Meadow
on Mar 16, 2009 at 8:54 am

Obama is starting to sound like Bush...the reason why I didn't vote for McCain. Anyone heard of the slope of Hope when it comes to the stock market? Funny how Obama's campaign won on the premise of hope. Unfortunately hope doesn't create a bull market.

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Posted by Ben
a resident of another community
on Mar 16, 2009 at 9:22 am

You can't take one word out of context. Bush and McCain were in denial about the recession and did not want to provide any government guidance or support. Obama obviously has a very different plan.

Like this comment
Posted by Marvin
a resident of Charleston Gardens
on Mar 16, 2009 at 9:24 am

Poor, perspective. There must be a 12 step program out there to help him deal with his inexplicable hatred of Obama

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Posted by resident
a resident of Adobe-Meadow
on Mar 16, 2009 at 9:30 am

Ben, Oh like all the billions more in bailout funds to AIG? LOL

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Posted by Sharon
a resident of Midtown
on Mar 16, 2009 at 9:51 am

Given the size of the American and Chinese economies--together they account for about 31% of global output--
there is little prospect for sustainable worldwide recovery until these two countries establish a more stable trading relationship.

Nonetheless, Chinese officials do not think it is in their interest to further open their domestic market.

And although they talk about stimulating domestic consumption to avoid the need to export, they have taken only a few meaningful steps in this direction.Web Link

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Posted by Paul
a resident of Downtown North
on Mar 16, 2009 at 4:23 pm

" this is the first time he has ever said anything positive about our economy"

Hardly surprising, since the economy was tanking worse and worse under Bush during the entire campaign. That's how Obama got elected -- the Bush economy was so bad it propelled him way past over the Bradley effect. Get a clue, there's been nothing positive for Obama to report until he got in office and took over the controls.

Like this comment
Posted by Meth_mom
a resident of Woodside
on Mar 16, 2009 at 4:49 pm

The economy's fine...It's just that the stock market has corrected itself for 10+ years of producing nothing of substance.

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