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Obama: I reversed recession until ‘bad luck’ hit

At a town hall meeting on his campaign-style tour of the Midwest, President Obama claimed that his economic program “reversed the recession” until recovery was frustrated by events overseas. And then, Obama said, with the economy in an increasingly precarious position, the recovery suffered another blow when Republicans pressed the White House for federal spending cuts in exchange for an increase in the national debt limit, resulting in a deal Obama called a “debacle.”
“We had reversed the recession, avoided a depression, gotten the economy moving again,” Obama told a crowd in Decorah, Iowa. “But over the last six months we’ve had a run of bad luck.” Obama listed three events overseas — the Arab Spring uprisings, the tsunami in Japan, and the European debt crises — which set the economy back.
“All those things have been headwinds for our economy,” Obama said. “Now, those are things that we can’t completely control. The question is, how do we manage these challenging times and do the right things when it comes to those things that we can control?”
“The problem,” Obama continued, “is that we’ve got the kind of partisan brinksmanship that is willing to put party ahead of country, that is more interested in seeing their political opponents lose than seeing the country win. Nowhere was that more evident than in this recent debt ceiling debacle.”
Except for its updated details, much of the president’s speech resembled the stump speeches he gave when campaigning for Democrats before the 2010 midterm elections. But the White House claims this trip is non-political, part of the president’s officials duties to discuss economic issues with the public. For the three-day tour through Minnesota, Iowa, and Missouri, the Secret Service has rolled out two new buses, costing more than $1 million apiece, to take the president and his aides around the countryside.
Snip!
As JC Lady, the tipster says,
Obama fixed it until he didn’t.







Melody
August 15th, 2011
He lies, plain and simple he is a liar and thief.
Stevo
August 15th, 2011
Though he was frustrated by events overseas, at least Obama has the events from outer space to save the day.
Buck Ofama
August 15th, 2011
“Well, ‘if’ this hadn’t happened, and ‘if’ that hadn’t happened……” Yeah, and ‘if’ my aunt had a penis, she’d be my uncle.
Mr.Gates
August 15th, 2011
He did everything an ideologically rigid automaton thinks he knows how to do. That is to say, nothing creative or constructive. And everything that is the opposite of that. “We are the simpletons we’ve been waiting for.”
Chuck U Farley
August 15th, 2011
“bad luck hit” when the masses voted in this excuse for a leader.
Comrade Obozo is a one-man pity party.
jeckelmyhyde
August 15th, 2011
Obama listed four events — the Arab Spring uprisings, the tsunami in Japan, and the European debt crises, and the fact that he doesn’t know what the hell he is doing especially as president which set the economy back.
And he was perfectly clear about it.
Wyatt
August 15th, 2011
Is this man schizophrenic?
“We need bipartisanship – nothing good will happen until we get bipartisanship.”
“Fuck you Republicans.”
“Hey, we need bipartisanship.”
“Die, Republicans.”
ScratchNSniff
August 15th, 2011
Wow! Simply, Wow! Has this idiot ever taken responsibility for anything? Rhetorical.
Horrorman18
August 15th, 2011
Barry!…you reversed the recession?….Yeah!…and monkeys are gonna fly outta my butt!
Jarhead Cracka
August 15th, 2011
Wyatt, If I remember right, Obama wanted the Repubs to “sit in the back seat” and ” not do a lot of talking” when he had a Dem Senate and House. Since Nov 2010 he wants “bipartisanship” from Boehner on “revenues” and “tax increases” while he doesn’t want to be bipartisan on “spending reductions”.
jeckelmyhyde
August 15th, 2011
Sorry about your luck you damn crybaby, but I don’t want a friggin unlucky president.
reddecaesari
August 15th, 2011
he must hate talking to all those bitter clingers.
Jarhead Cracka
August 15th, 2011
“… we’ve had a run of bad luck.”
What he means by bad luck is ” the Party was shellacked back in November, so I couldn’t spend more stimulus money and raise the debt ceiling unopposed again.”
susanne
August 15th, 2011
I see he’s picked up that fancy word “brinksmanship” from the S&P report.
Hotlanta Mike
August 15th, 2011
Gov. Rick Perry Fires Warning Shot on Possible Federal Reserve Money Printing Shenanigans to Help Obama – Video 8/15/11
http://freedomslighthouse.net/2011/08/15/gov-rick-perry-fires-warning-shot-on-possible-federal-reserve-money-printing-shenanigans-to-help-obama-video-81511/
reddecaesari
August 15th, 2011
BAD LUCK BARRY
Chuck U Farley
August 15th, 2011
“We reversed the recession”
What else have you reverse? I mean, besides the level of the oceans.
You reversed energy independency with your drilling moratorium
You reversed the housing market
You reversed the respect of the United States worldwide
You reversed the stock market
You reversed the lowering of gas prices
You reversed the lowering of food prices
You reversed the earnings of the middle class
You and your party reversed the debt reductions of the U.S.
You reversed Jimma Carter’s rating for the worst president in history.
You reversed the definition of ‘recession’
You reversed the definition of ‘depression’
You reversed the security of Israel
You reversed the casualty rate in Afghanistan for political gain.
You reversed the full faith & credit of the U.S.for the first time in history
You reversed 2 centuries of protocol by bowing to head of state
You reversed U.S. policy of backing allies by refusing to sell aircraft to Taiwan
You reversed race relationships in the U.S.
You reversed the fortunes of the black middle class
Have I missed anything?
But what I do thank you most for is that you reversed the complacency of the people of the United States. We wil rid ourselves of you and your willing minions in the DemocRAT Party if it takes every ounce of blood & courage that the people of the United States of America have to offer!
workingclass artist
August 15th, 2011
Yeah…sure Barry.
Kinda like your recent argument that the Texas Economy under Gov. Perry is just left over Oil Money but It’s important to close down Oil anyway…
Perry 2012
Horrorman18
August 15th, 2011
Yeah…that’s what I look for in a leader…BLAME….BLAME…BLAME!!! Did Chesty Puller ever look for an excuse or a solution to a problem?
http://en.wikipedia.org/wiki/Chesty_Puller
Chuck U Farley
August 15th, 2011
Why does Comrade Dipwad keep whining about the tsunami in Japan? How on earth did that contribute to the mess he put us in?
Chalupa
August 15th, 2011
Bad luck of the half Irish – full of blarney with no stones.
AnarchyNow
August 15th, 2011
Poor Barry, maybe this will cheer him up…
http://youtu.be/UeGOERKn9p8
Claudia
August 15th, 2011
Is he drinking his own koolaid?
99th Squad Leader
August 15th, 2011
One of the most exasperating moments of Oblame’s Tour of Shame is seeing him in the Heartland of America, trying to cut out the heart of America.
old_oaks
August 16th, 2011
You can’t even make this shit up.
Mr.Pinko
August 16th, 2011
It’s as if he’s a friggin’ relief pitcher coming in, losing the game and making excuses why he lost.
Awful, unprofessional, NOT a Leader!
Mr.Pinko
August 16th, 2011
Barry,
If you are sooo unlucky and everything you touch turns to mush, then it’s time to TURN OUR LUCK and elect somebody NEW!
There’s a CAMPAIGN SLOGAN
TURN OUR LUCK! Dump Obama!!!
woody
August 16th, 2011
“Yep. They can just ride in the back, keep their mouths shut…and watch me work.”
What a pantsload.
workingclass artist
August 16th, 2011
NRO answers Krugman’s BS distorting the Texas Economy good article.
“That is a sign of economic strength, not of stagnation. New York and Massachusetts would be better off with millions of new minimum-wage workers — if that meant millions fewer unemployed people…’
http://www.nationalreview.com/exchequer/274695/paul-krugman-still-wrong-about-texas
Big Gun
August 16th, 2011
We’ve had the photos of ‘O’ symbol that makes like a halo over his head… Now is it me, or did they orchestrate a “smiling barn” to make the b.s. more palatable?
Jarhead Cracka
August 16th, 2011
Someone here at IOTW quoted Ben Franklin (paraphrased):” Someone who’s good at making excuses is rarely good at anything else.”
I think it applies to this thread, too.
Mary Jane Anklestraps
August 16th, 2011
Oh gah. It’s like “Sybil” was elected.
I wish he’d just sit in his big chair and STFU.
Mary Jane Anklestraps
August 16th, 2011
He’s got more excuses than high school kids caught ditching.
workingclass artist
August 16th, 2011
He was cornered by a Tea Party Activist about Biden’s calling Americans patriots Terrorists. I think it will be a short tour.
jringo
August 16th, 2011
Notice the shadow om the right side of the barn. Kinda looks like a hand waiting to take our money.
MNHawk
August 16th, 2011
Yes, Captain Kickass, Marxism is quite the ‘headwind’, isn’t it?
Berlet98
August 16th, 2011
The Fantastical Wonderland of Barack Hussein Obama
. . . Adeptly executing the blame game approach to governing, two weeks after he signed onto the bi-partisan debt ceiling agreement, Obama now calls the pact “a debacle” and blames “partisan brinkmanship” and plain old bad luck from overseas for his abject failures. (http://bit.ly/oexCxK)
A reality check: America’s economy was in the pits long before Europe’s upheavals, long before Japan’s tsunami and earthquake, long before the Mideast exploded, and long before Republicans made a half-hearted effort to effect fiscal sanity.
Next thing you know, our leader will be saying he really did close Gitmo, that he hasn’t really raised taxes, that Obamacare is constitutional, and that his bride has always been proud of her country.
Far more critical than any of those developments is a valid concern as to whether Obama is in his right mind when he contends he “reversed the recession.” That distorted thinking is contrary to all perceived reality and could be emblematic of an unbalanced mind which is significantly more dangerous than economies in upheaval, tsunamis, crazed Arabs, or angry Republicans!
(Read more at http://www.genelalor.com/blog1/?p=5219)
Noelegy
August 16th, 2011
Watch out, Barry. In those farm towns, they know BS when they see, hear, and smell it.