Obama says much more work needed on economy

Full story: Boston.com

President Barack Obama says he isn't celebrating a business group's assertion that the recession officially ended in June 2009.
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1 - 16 of 16 Comments Last updated Sep 23, 2010

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#1
Sep 20, 2010
 

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yes there is much more work needed on the economy!! the only way to get any meaningful work done by this administration as far as the country is concerned overall is to get rid of all the buffoons working on the problem and hiring british petroleum!! in several months b.p. has made a permanent solution to a problem of equal or higher purpose to our country!! in 2 years the administration has convoluted every situation and solved nothing!!
Glasnos

Fabens, TX

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#2
Sep 20, 2010
 

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The National Bureau of Economic Research, a panel of academic economists based in Cambridge, Mass?

More outright lies from Odumbo ... it is a pinhead academic group ... not a "business" group.

Christine Romer was a member of NBER ... remember her? she is the one that predicted the "stimulus" would keep unemployment below 8 percent. According to her, she still doesn't understand what happened.

Recession ended in June 2009? ROFL ... Must have been when members of the NBER got hefty raises.
LOL

Tampa, FL

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#3
Sep 20, 2010
 

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Much more work is needed????

playing golf on vacations is now considered work for obama.

how frigging lazy is the obama family going to get....

gorrilla michelle has already changed her BS 'Just Move' program to......'Just Move your Mouth'.....
xray

York, PA

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#4
Sep 20, 2010
 

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Obama gets an A+ for trying.I sure ,would not want the job.
LIL JOHN

Shippensburg, PA

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#5
Sep 20, 2010
 

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xray wrote:
Obama gets an A+ for trying.I sure ,would not want the job.
let's be clear here -- it's been ten years of a rising housing bubble fueled by the liberal idea that a it's a right to own a home no matter if you can repay the loan or not..

When that housing bubble burst it took the financial section to the toilet -- Instead of putting the onus on the real cause the liberals flailed around for another villain --

The very sources they need to rebuild the economy are now ''sitting it out '' till conditions improve before committing their money to the economy!

Those conditions are the removal of those folks that are an impediment to making a profit. The further to the left obama drives this bus the more resistance he will get!

Another of his problems is that he has a copy of FDR's recovery plan in his pocket -- he seems to think that paving roads is going to stimulate the economy and create jobs as did FDR's CCC pl;an -- today the projects are all done with machines not shovel power -- Little or no benefit comes from more road paving! How many billions have we already wasted on so called shovel ready BS?? As an example Los Angles was awarded 111 million dollars and produced just 55 jobs out of all that money! YOU DO THE MATH --- if waste like that was country wide it's not hard to see why unemployment is still close to 10% and higher in some areas!!! Only now after 20 months is he turning to small businesses -- if it wasn't for the up coming election he still would be ignoring them... When small businesses look at the new rules for health care and what it may cost them -- they too are sitting out hiring till it's clear what it will cost them-- Most of that health-care bill was written as ''''Yet to be determined''' by the Sec. Of health! You can't plan on costs with a plan like that!

Uncertainty of the future --- that old hope and change thing , especially that change garbage is what is holding the economy back ! We already have seen a glimpse of that change and it's not business friendly!! Redistribute the wealth sound familiar?

Reworking the American economy into a socialst one while in a recession does not work!
xray

York, PA

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#6
Sep 21, 2010
 

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LIL JOHN wrote:
<quoted text>
let's be clear here -- it's been ten years of a rising housing bubble fueled by the liberal idea that a it's a right to own a home no matter if you can repay the loan or not..
When that housing bubble burst it took the financial section to the toilet -- Instead of putting the onus on the real cause the liberals flailed around for another villain --
The very sources they need to rebuild the economy are now ''sitting it out '' till conditions improve before committing their money to the economy!
Those conditions are the removal of those folks that are an impediment to making a profit. The further to the left obama drives this bus the more resistance he will get!
Another of his problems is that he has a copy of FDR's recovery plan in his pocket -- he seems to think that paving roads is going to stimulate the economy and create jobs as did FDR's CCC pl;an -- today the projects are all done with machines not shovel power -- Little or no benefit comes from more road paving! How many billions have we already wasted on so called shovel ready BS?? As an example Los Angles was awarded 111 million dollars and produced just 55 jobs out of all that money! YOU DO THE MATH --- if waste like that was country wide it's not hard to see why unemployment is still close to 10% and higher in some areas!!! Only now after 20 months is he turning to small businesses -- if it wasn't for the up coming election he still would be ignoring them... When small businesses look at the new rules for health care and what it may cost them -- they too are sitting out hiring till it's clear what it will cost them-- Most of that health-care bill was written as ''''Yet to be determined''' by the Sec. Of health! You can't plan on costs with a plan like that!
Uncertainty of the future --- that old hope and change thing , especially that change garbage is what is holding the economy back ! We already have seen a glimpse of that change and it's not business friendly!! Redistribute the wealth sound familiar?
Reworking the American economy into a socialst one while in a recession does not work!
Obama was working Pelosi's agenda,perhaps with a republican majority or regrouping his advisors,he can come up with a feasible plan.Socialism is absolutely not the answer,your correct on that point.Im still studying the healthcare plan, and do not have enough knowledge to make a judgement call either way.My guess is over the long haul its a bomb.The republicans and democrats are responsible for this mess, neither party is exempt.After some in depth observation, I have concluded that , Obama is but one man in the chain of failure.
Experience Counts

Mount Prospect, IL

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#7
Sep 22, 2010
 

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LIL JOHN wrote:
<quoted text>
let's be clear here -- it's been ten years of a rising housing bubble fueled by the liberal idea that a it's a right to own a home no matter if you can repay the loan or not..
When that housing bubble burst it took the financial section to the toilet -- Instead of putting the onus on the real cause the liberals flailed around for another villain --
The very sources they need to rebuild the economy are now ''sitting it out '' till conditions improve before committing their money to the economy!
Those conditions are the removal of those folks that are an impediment to making a profit. The further to the left obama drives this bus the more resistance he will get!
Another of his problems is that he has a copy of FDR's recovery plan in his pocket -- he seems to think that paving roads is going to stimulate the economy and create jobs as did FDR's CCC pl;an -- today the projects are all done with machines not shovel power -- Little or no benefit comes from more road paving! How many billions have we already wasted on so called shovel ready BS?? As an example Los Angles was awarded 111 million dollars and produced just 55 jobs out of all that money! YOU DO THE MATH --- if waste like that was country wide it's not hard to see why unemployment is still close to 10% and higher in some areas!!! Only now after 20 months is he turning to small businesses -- if it wasn't for the up coming election he still would be ignoring them... When small businesses look at the new rules for health care and what it may cost them -- they too are sitting out hiring till it's clear what it will cost them-- Most of that health-care bill was written as ''''Yet to be determined''' by the Sec. Of health! You can't plan on costs with a plan like that!
Uncertainty of the future --- that old hope and change thing , especially that change garbage is what is holding the economy back ! We already have seen a glimpse of that change and it's not business friendly!! Redistribute the wealth sound familiar?
Reworking the American economy into a socialst one while in a recession does not work!
Just like Obama, you don't have the Experience! Obama's OJT is killing US.
Facts

Hanover, PA

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#9
Sep 23, 2010
 

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I love our President Obama. He is and was the best man for the job.
Patriot

Clarks Summit, PA

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#10
Sep 23, 2010
 

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Yeah I know he's not done yet. I still have a job but I am sure he will "CHANGE" that if he can.
glock19

Hawley, PA

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#11
Sep 23, 2010
 

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the only job Obama is qualified for (after watching him the last two years) is a security guard at the local mall.....(no offense to security guards)
LOL

Hanover, PA

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#12
Sep 23, 2010
 

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glock19 wrote:
the only job Obama is qualified for (after watching him the last two years) is a security guard at the local mall.....(no offense to security guards)
Then how did he get so many votes? Oh that's right, America needed a janitor to clean up the mess Bush made. LOL!!!!!!!!!!
Happy

Hillsborough, NJ

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#13
Sep 23, 2010
 

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Facts wrote:
I love our President Obama. He is and was the best man for the job.
thats your opinion.....
Que

New Tripoli, PA

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#14
Sep 23, 2010
 

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LOL wrote:
<quoted text>Then how did he get so many votes? Oh that's right, America needed a janitor to clean up the mess Bush made. LOL!!!!!!!!!!
Stupid white women , young voters, and blacks voted for him in droves.

The most easily impressionable folks.
A Boehner

Orrstown, PA

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#15
Sep 23, 2010
 
glock19 wrote:
the only job Obama is qualified for (after watching him the last two years) is a security guard at the local mall.....(no offense to security guards)
Judging by that macho name Iím sure you two will be able to work well together at the mall.
A Boehner

Orrstown, PA

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#16
Sep 23, 2010
 

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Que wrote:
<quoted text>
Stupid white women , young voters, and blacks voted for him in droves.
The most easily impressionable folks.
While the hateful and ignorant went with mccain/palin
Proud American

Hanover, PA

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#17
Sep 23, 2010
 

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Que wrote:
<quoted text>
Stupid white women , young voters, and blacks voted for him in droves.
The most easily impressionable folks.
The black voters is only a small part of all voters. I'd say around 30% of all voters. I voted for Obama and I made the right choice. Thank you.

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