Barack Obama will announce today, “We rescued the economy.”
The US lost over 3 million jobs in the first six months of this year under the Obama Administration.
The US unemployment rate rose from 7.6% to 9.7% under Obama… the highest rate in 26 years.
The UPI reported:
U.S. President Barack Obama shifts his effort to convince the American people healthcare reform is the right thing to do right now to prime time Wednesday.
In an evening news conference, Obama is expected to outline the case for healthcare reform as well as provide an update on what has been accomplished since he took office in January.
White House Chief of Staff Rahm Emanuel told The New York Times Obama intends to use the news conference as a “six-month report card,” to talk about “how we rescued the economy from the worst recession” and the legislative agenda moving forward, including health care and energy legislation.
President Disaster will quadruple the US budget deficit his first year in office. He will reportedly spend $23.7 trillion to “fix” the economy… or bankrupt it by next year.
Related… Government Motors sales drop 22%.
