Obama 2009: Recovery Will Take Months… Obama 2011: Recovery Will Take Years
Posted by Jim Hoft on Thursday, May 12, 2011, 10:28 PM
President Barack Obama April 2009: The recovery will take months.
Via Bloomberg:
President Barack Obama said it will take “many more months” for the U.S. to fully recover from the recession as employers continue to eliminate jobs.
The president said in his weekly address on the radio and the Internet that yesterday’s government report on the gross domestic product showed the recession was “even deeper than anyone thought” when he took office in January. The stimulus legislation passed by Congress in February and measures to stem home foreclosures have helped stem the slide, he said.
President Barack Obma May 2011: The recovery will take years.
Via Real Clear Politics:
So — so part of what’s happened also is some structural changes in the economy. Where it used to be that there was broad-based shared prosperity, now if companies are doing really well — they’re not necessarily hiring back workers. They’re just figuring out how to do more with fewer workers. That may increase profits, but it doesn’t help folks who are lookin’ for a job. And often times that look — puts a lot of pressure on the people who are already on the job.
So, some of the changes that are taking place in the economy are ones that took a decade or two to get to. And it’s gonna take us several years for us to get back to where we need to be.
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Published May 23, 2012 at 4:57 am - 64 Comments
gus commented:
February 17 2009. Obama was President for 3 weeks. The LIBTARDS passed an 850 billlllion dollar PORK-U-LUS bill.
THAT FIXED EVERYTHING.
Tired Okie commented:
Good Lord !! Does the lying ever end ?? Will the buffoon media ever get tired of covering up for this charlatan ??
sifty commented:
Gosh, I guess we should just let this fool remain indefinitely then.
What a joke of a human.
Jim commented:
The recovery will be in full force when Obama is out of office, January 20, 2013.
Taqiyyotomist commented:
“It’s gonna take us several years to get to where Karl Marx and Mao Tse Tung wanted us to be. Reelect me! so we can get there!”
Great Leap Forward
Treblinka
Sisak Children’s Concentration Camp
The Killing Fields
Obama 2012!!! WINNING THE FUTURE!
Taqiyyotomist commented:
People better get this, what I just noted.
And they better get it well.
You think I’m off the wall, I bet.
Just you wait. This is what we will get, if either Obama, or another Deceiver, is elected.
(And that “other” Deceiver might just be waving a serpent-featuring Gadsden Flag. Wouldn’t that just be the perfect “devil’s strut” for Satan? Deceiving the nation with his own plain-as-day image?)
Christ is the only answer. Period.
shibumi commented:
Don’t worry, I’m sure that all the Liberals will say “Bush messed things up so badly, it will take poor, poor Prezident Obama eight years to fix this.”
succotash commented:
November2012 less than 2yrs. And we will be where we need to be,getting rid of his sorry azz.
Hate the Left commented:
Obama is weak and will keep getting weaker as long as the economy is in the toilet. As long as gas is over $4.00 a gallon (as it has been since about the first of May here) he is toast. As long as food prices are too high, as they have been for months, he is unelectable. I hate to see the economy suck for the next 18 months, but if that is what it will take to get this horrible liberal/marxist president out of office, I guess I can put up with expensive groceries and $4.XX gas.
Freddy commented:
“… They’re just figuring out how to do more with fewer workers …”
This sums up Obama’s work experience perfectly. Obama simply does not understand the a good business is ALWAYS trying to do more with fewer workers! It is called, increased productivity.
Obama is incompetant.
regularguy commented:
Sorry, BO, it’ll take generations to recover from the unmitigated disaster that is your regime. It’ll take at least that long to unravel the twisted yarn of poisonous decadence that your sick socialism and lack of principled responsibility are doing to our culture and civilization. You are our existential threat, BO.
Lisa G in NZ commented:
The leftist regime does not want a recovery. Period. They have raided the treasury and continue to do so all the while lying their a&&e& off trying to convince everyone this was the fault of GWB.
Problems due to big government have been growing like an unchecked cancer FOR DECADES. Was GWB the sole one to blame? Nope.
CURRENT problems, however, rest SOLELY in the lap of all CURRENT AND PAST leftist, non-conservative and UN-constitutional policies.
There is a LOT to clean up. TheUrkel is “correct” when he says it will take years.
It will take years to clean up all the leftist cancer which has infect the body of America.
-welfare mentality
-public education
-energy independence, drill here, drill now
-lack of immigration enforcement, seal the borders properly
-leftist infiltration in media, hollywood, schools
-elimination of all communist czars
-minimize or eliminate unnecessary fed govt departments (EPA, NEA, yadda yadda)
The next few Republican (or new TEA party?) POTUSes will have work to do. Hard work to clean up corruption but it can and will be done.
Palin in 2013 would be a great start… if she runs
ENERGIZE AMERICA’S FUTURE
MUCH to do people… much to do
Taqiyyotomist commented:
You are our existential threat, BO.
Barack Obama: (smiling) Yes. Yes I am.
tommy mc donnell commented:
the recovery will start when the politicans give the american worker back the right to the fruits of their labor. people need an incentive to work. sorry liberals working for the ruling class politican won’t do it.
Robert commented:
If Obama has 2 more years to screw things up, it will take decades.
neverends commented:
It is getting to the point that ELMER FUDD could beat BHO!
How can ANYONE not realize that Teh WON is not the person is who is absolutely intent on diestroying everything the USA stands for?
Is there any hope that the HIGHWAY to HELL (foremally known as the road to hape ‘n’
change) will end in 2012?
Being polically totally incorrect, but GOD help us all!
ProLifer commented:
Recovery??? (Destruction is the plan!)
jorgen commented:
A necessary condition for recovery is that Obama loses his job.
wodun commented:
It’s ok, he said we would only be in Libya a couple of days.
Ruebacca commented:
We are in Roosevelt’s 5th term.
Businessmen can not plan with all the “new deal” crap coming out of DC so they don’t invest or hire. Just look at Boeing being ordered to move it’s new plant from SC to Washington state. The chilling effect from this one ruling is massive.
lyle commented:
Unemployment is always a lagging indicator.
As the economy enters a recession, companies hang onto workers, even if they are underutilized, because the recession may be short-lived and it is inefficient to fire, rehire, train, and retrain workers. As a recession deepens, companies have to let underutilized workers go, in order to survive. As the economy rebounds, companies are slow to rehire because the recovery may be short-lived.
They keep telling us this guy is smart. But he is talking about a basic fact of economics as if it is a new phenomenon. It should be deeply disturbing to the American people that we have an economic illiterate in the Oval Office.
backhoe commented:
Last summer I went to buy a battery for my car- $60.
Needed a battery for my truck yesterday- same size.
$99…
Inflation?
Devaluating the dollar?
Don’t care- call it what you will, it still cost me a pile of more money.
And $4 a gallon gas means $4 a gallon heating oil in the winter. Ebola is toast unless he has the wits to figure out how to quit screwing up the economy.
squeaky commented:
the old carrot and stick routine. horrors become more clearer and easy to understand when you find that you are living them. obama will diminish our standard of living to such a point that being a 3rd world cesspool will be a step up. the obama adm or as i like to call it the donner party.
Coastal commented:
Backhoe! I laughed out loud on the Ebola=Obummer! So true.
Big L commented:
What bugs me is that these lefties in power have done all this destructiuon themselves. And then they adopt an “Alfred E Neumann” goofy look-”What Me Worry.”
and the folks that elected them still want to stick it to the middle class, the adults, which are the ones that pay the taxes .
I wish the GOP was not silent. I think the candidate that is handed to us will be a loser and will not go after this Obama
Also did you hear Jay Carney say that the Presidnt wants to “controi spending thru the tax code.”
that meams the tax code will reflect raises to take a way the money that you earn and the govt will be dictating all this. It is over at marklevinshow.com
only a few mins on 5-12 show
Joel commented:
Our children will never know true freedom. The democrats will see to that.
Gimme a Break commented:
“Dean Wormer. Could we please have one more chance?”
—- Barry O
mg4us commented:
2012. . Hope & Change. . .yes, there is HOPE if we CHANGE Obama and those leftist socialist DemocRATS in the Senate!
Arch commented:
Obama’s policies are anti-business, punishing those who are able to make a profit. He has regulated commerce to a degree that is choking economic recovery. Uncertainties about the cost of money, labor, energy and taxes are keeping $2 trillion on the sidelines, keeping private sector unemployment artificially high.
In our company, we have a product ready for release that will create about 15 engineering and production jobs for at least six years. The bank has approved my business plan and has drafted a covenant, but I will not proceed until I know what my indirect costs will be. Will I be forced to deal with a union? provide healthcare? What will I pay for energy? transportation? new paperwork? Will corporate taxes go up? What will the IRS allow us to expense?
The irony is that eight of these new jobs will be entry level assembly workers, the very jobs so lacking in the black community, where 25% of black men are idle. Unless the democrats in the Senate start dismantling these obscene Obama programs, we will put off our launch until after the 2012 election.
JPL17 commented:
#5: Hey Taqiy — Or how about this one:
“Giddy with success”
I’ve long thought that Josef Stalin’s famous “giddy with success” speech is an excellent analogue for Obama’s disastrous economic policies and public pronouncements. After Stalin’s forced collectivization of Soviet agriculture in the late 1920′s and early 1930′s basically destroyed Soviet agricultural output and resulted in the deaths of many thousands of peasants, Stalin declared that the “unexpected” speed with which the Communist Party had achieved collectivization had made certain party members “giddy with success,” and that this “giddiness” had led to certain “excesses” that “enemies” of the working class were now using to criticize forced collectivization. The solution to the problem, said Stalin, was to slow collectivization down, so as not to “bring grist to the mill of our class enemies.”
As with Stalin, in Obama’s mind the problem is NEVER the idiocy of his own economic policies. It’s always the machinations of some class “enemy.” In Stalin’s case, the class enemy was the kulak class — owners of private farms. Obama’s class enemy is similar — the entrepreneurial class, i.e., the evil profit-seeking business owners who aren’t hiring fast enough to suit The Won as the economy allegedly “improves.” Obama’s most recent speech is therefore his declaration of war on these class enemies.
A link to Stalin’s “giddy with success” speech is here (though it uses the alternate translation, “dizzy with success”):
SOURCE: http://www.marx2mao.com/Stalin/DS30.html
drjohn commented:
72 is many more months than 24.
/sarc
Havok commented:
Obama is right on both accounts..
If he had left things alone and let the Market fix itself…it would have only taken months to fix..
Now that he has inflated the problem so much with his disasterous policies…(and the fact that he is there causing problems and pushing Communism till 2012)..of course it will NOW take years to fix.
AgentRose commented:
WHY OBAMA CAN’T BE RE-ELECTED:
1. Obama has now been vetted. He NEVER WAS vetted in 2008.
2.Gas prices have gone from $1.93 to 4.36 on his watch; when President Bush was in charge gas was $2.30 per gal.; oil production was up 20%.
3. Obamacare.
4. Waivers for Obamacare.
5. His Wisconsin friends—demonstrating and creating chaos when some of them belonged in school teaching –(“we care for the students”)–or other institutions.
6. Pigford settlement—a fraud.
7. Letting the Black Panthers off the hook from the Philadelphia show in 2008.
8. Canceling and “playing politics” with oil permits.
9. The U.S. has now lost its AAA rating.
10. The value of the dollar has declined.
11. Food stamps 1 in 7.
12. Unemployment now at 9% (Bloomberg 5/6/11) (remember Biden promised 200,000-500,000 new jobs per month!! back in 2010)
13. Inflation in many sectors including food; famously expressed by someone at a Federal Reserve show and tell, “I can’t eat an I-Pad.”
14. Cash for Clunkers.
15. The phony “stimulus”—failed $850 billion
16. How many times has Trumka visited the White House?
17. Contempt of court for the oil permits in the Gulf and Obamacare.
18. The seizure of GM and Chrysler, transferring bondholder wealth to unions—otherwise known as seizure of private property
19. The shutdown of Shell’s Arctic oil exploration by EPA (a regulatory KGB)
20. Dodd-Frank.
21. Hostility toward Israel.
22. His push for unconstitutional restrictions on free speech via the FCC.
23. The NLRB’s fight against Boeing.
24. the Czars.
25. Failure to resume full water deliveries to California’s central valley because of the DELTA SMELT. Can we shout that out each time the unemployment numbers come up? What has this alone done to unemployment in California?
26. Attempts to try the terrorists in civilian New York City trials.
27. Takeover of the student loan program.
28. Attack on Arizona for exercising state’s exercise of legislative authority on citizen identification rules.
29. Failure to secure the southern border (Al Queda now has a group located in Mexico)
30. The war on Libya.
31. His latest attack on free speech via the regulation to disclose contributions with government contractors. Even Mitch McConnell has called this “Gangster Politics” (see Strassel WSJ 5/6/11)
32. His general loathing of Americans.
33. Fort Hood
34. The proposed new gas mileage tax!
35. His utter hypocrisy when, e.g. with Osama when he totally voted AGAINST the war, Guantanamo, renditions, etc etc etc
36. Driving up health care costs for everyone—even before Obamacare
37. “Bailing out” his billionare friends in the financial markets, at GE, etc.
38. Breaking campaign promise of transparency
39. Humiliating millions of Americans traveling through airports with sexual harassment tactics
40. Inciting racism through ignorant comments and the “Beer Summit”
41. Eased the restrictions on stem cell research. The feeble-minded half-wits in the state of Cali passed a bond measure that has devoted $3 billion dollars to this research…result? NOTHING! So this is an announcement that we are going to waste more billions on NOTHING just to show those stupid Christians what we think about their concern for so-called ‘human lives’
42. $14.6 Trillion in debt
43. $1.5 Trillion in NEW debt from 2012 budget
44. GDP 1.5% growth
45. Revealing information about every Trident missile the US supplies to Britain as part of an arms control deal signed by President Barack Obama next week.
“Socialism is a philosophy of failure, the creed of ignorance and the gospel of envy, its inherent virtue is the equal sharing of misery.” Winston Churchill
Dave-O commented:
FTA: “Where it used to be that there was broad-based shared prosperity, . . . .”
Yeah, like back in the Bush Administration? Trust me, Barack, we remember it well!!!!
Like it was only a few short years ago. Before you showed up and wrecked it all.
burt commented:
After 8 years he’ll ask for 4 more. It worked for Roosevelt.
kansas commented:
Recovery will start in 2012 or 2016.
JPL17 commented:
#36 Kansas: Hey, that would make a great campaign slogan for whoever wins the 2012 Republican nomination:
“Recovery will start in 2012 or 2016. It’s YOUR choice.
Vote [fill in name of Republican candidate]“
Lisa G in NZ commented:
great list @agent Rose#33! I just might have to share that…