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Obama: I reversed recession until ‘bad luck’ hit

Home - by - August 15, 2011 - 22:31 America/New_York - 38 Comments

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President Barack Obama speaks during a town hall meeting, Monday, Aug. 15, 2011, at the Seed Savers Exchange in Decorah, Iowa, during his three-day economic bus tour. (AP Photo/Carolyn Kaster)

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.

» 38 Comments

  1. Melody

    August 15th, 2011

    He lies, plain and simple he is a liar and thief.

    Noteworthy Comment Thumb up +13

     
  2. Stevo

    August 15th, 2011

    Though he was frustrated by events overseas, at least Obama has the events from outer space to save the day.

    Noteworthy Comment Thumb up +11

     
  3. 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.

    Noteworthy Comment Thumb up +12

     
  4. 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.”

    Thumb up +9

     
  5. 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.

    Noteworthy Comment Thumb up +17

     
  6. 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.

    Noteworthy Comment Thumb up +14

     
  7. 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.”

    Noteworthy Comment Thumb up +17

     
  8. ScratchNSniff

    August 15th, 2011

    Wow! Simply, Wow! Has this idiot ever taken responsibility for anything? Rhetorical.

    Noteworthy Comment Thumb up +16

     
  9. Horrorman18

    August 15th, 2011

    Barry!…you reversed the recession?….Yeah!…and monkeys are gonna fly outta my butt!

    Noteworthy Comment Thumb up +11

     
  10. 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”.

    Noteworthy Comment Thumb up +13

     
  11. jeckelmyhyde

    August 15th, 2011

    Sorry about your luck you damn crybaby, but I don’t want a friggin unlucky president.

    Noteworthy Comment Thumb up +14

     
  12. reddecaesari

    August 15th, 2011

    he must hate talking to all those bitter clingers.

    Thumb up +6

     
  13. 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.”

    Noteworthy Comment Thumb up +11

     
  14. susanne

    August 15th, 2011

    I see he’s picked up that fancy word “brinksmanship” from the S&P report.

    Thumb up +7

     
  15. 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/

    Thumb up +6

     
  16. reddecaesari

    August 15th, 2011

    BAD LUCK BARRY

    Thumb up +8

     
  17. 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!

    Noteworthy Comment Thumb up +15

     
  18. 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

    Thumb up +5

     
  19. 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

    Thumb up +5

     
  20. 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?

    Noteworthy Comment Thumb up +10

     
  21. Chalupa

    August 15th, 2011

    Bad luck of the half Irish – full of blarney with no stones.

    Thumb up +9

     
  22. AnarchyNow

    August 15th, 2011

    Poor Barry, maybe this will cheer him up…

    Thumb up +5

     
  23. Claudia

    August 15th, 2011

    Is he drinking his own koolaid?

    Thumb up +5

     
  24. 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.

    Thumb up +9

     
  25. old_oaks

    August 16th, 2011

    You can’t even make this shit up.

    Thumb up +9

     
  26. 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!

    Thumb up +6

     
  27. 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!!!

    Thumb up +7

     
  28. woody

    August 16th, 2011

    “Yep. They can just ride in the back, keep their mouths shut…and watch me work.”

    What a pantsload.

    Thumb up +5

     
  29. 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

    Thumb up +1

     
  30. 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?

    Thumb up +2

     
  31. 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.

    Thumb up +4

     
  32. 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.

    Thumb up +3

     
  33. Mary Jane Anklestraps

    August 16th, 2011

    He’s got more excuses than high school kids caught ditching.

    Thumb up +3

     
  34. 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.

    Thumb up +6

     
  35. jringo

    August 16th, 2011

    Notice the shadow om the right side of the barn. Kinda looks like a hand waiting to take our money.

    Thumb up +2

     
  36. MNHawk

    August 16th, 2011

    Yes, Captain Kickass, Marxism is quite the ‘headwind’, isn’t it?

    Thumb up +3

     
  37. 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)

    Thumb up +2

     
  38. Noelegy

    August 16th, 2011

    Watch out, Barry. In those farm towns, they know BS when they see, hear, and smell it.

    Thumb up +1