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Getbig Main Boards => Politics and Political Issues Board => Topic started by: SAMSON123 on September 10, 2010, 01:56:55 PM
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Obama says voters may blame him for economy
AP
Obama Admits Recovery Painfully Slow
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Reuters – President Barack Obama attends Milwaukee Laborfest event in Wisconsin to celebrate Labor Day September …
By DARLENE SUPERVILLE and TOM RAUM, Associated Press Writers Darlene Superville And Tom Raum, Associated Press Writers – 2 hrs 12 mins ago
WASHINGTON – President Barack Obama insisted Friday that the U.S. economy is digging itself out of the deepest recession in decades but conceded that "progress has been painfully slow" and many voters in November's elections may blame him.
Facing a rising jobless rate, Obama told a White House news conference: "For all the progress we've made, we're not there yet. And that means the people are frustrated and that means people are angry."
"And since I'm the president and Democrats have controlled the House and the Senate, it's understandable that people are saying, you know, 'What have you done?'"
The president, who also is the leader of the Democratic Party, spent much of his appearance before cameras on the defensive, underscoring his frustration with being unable to convince the public that his economic fixes are working.
At his first formal session with reporters since May, one that lasted nearly an hour and 20 minutes, Obama also appealed to Americans to stand by the nation's long heritage of religious tolerance.
The Rev. Terry Jones, from a small fundamentalist church in Florida, triggered outrage when he promised to burn the Quran on Saturday's anniversary of the Sept. 11 attacks. He canceled the plans Thursday but then said he was reconsidering. Obama said he hopes Jones "prays on it and refrains from doing it."
Declining to mention Jones' name, Obama referred to him as "the individual down in Florida."
A debate is also raging over whether an Islamic center should be built near the site of the Sept. 11, 2001, attacks on the World Trade Center in New York.
Obama said people must remember that the country's enemy is not Islam but al-Qaida and other extremist groups. He said Americans can't turn on each other and let their fears lead to divisions.
On the eve of the ninth anniversary of the terror attacks, Obama said the U.S. is still hunting for attacks mastermind Osama bin Laden. He said bin Laden had gone "deep underground" but efforts to hunt him down would go on "as long as I'm president."
He said "the folks who are most interested in the war between Islam and the West are al-Qaida. That's what they've been banking on." He said the battle was against just a handful of people "who are engaging in hateful acts."
He counseled respect and inclusion for Muslims in the United States. He said, "They are Americans. We don't differentiate between 'them' and 'us.' It's just us."
As for continued terror threats against America, nine years after 9/11, Obama said, "There is always going to be the potential for an individual or a small group of individuals, if they are willing to die, to kill other people. ... That threat is there, and it's important, I think, for the American people to understand that. And not to live in fear; it's just a reality of today's world that there are going to be threats out there."
He added, "We are going to have this problem out there for a long time to come, but it doesn't have to completely distort us and it doesn't have to dominate our foreign policy. What we can do is to constantly fight against it."
On the economy, Obama repeated his contention that Republican obstructionism is hampering his ability to steer the nation into a stronger recovery. He renewed his insistence that Senate Republicans drop their stalling of a bill before the Senate to help small businesses.
And he said yet again that Bush-era tax cuts should be extended for individuals earning less than $200,000 a year and joint filers earning less than $250,000. All the Bush tax cuts are to expire at the end of this year unless Congress acts.
Obama said Congress shouldn't delay extending the middle-class tax cuts any longer.
"Why hold it up? Why hold the middle class hostage?" he said.
Some prominent Democrats recently have suggested temporarily extending all of the expiring cuts, for perhaps a year or two, as a compromise. But so far Obama has dug in and rejected all talk of such a deal.
He said extending tax cuts for the wealthiest Americans "is a bad idea."
Obama repeatedly sought to justify the high-dollar actions his administration has taken to boost a sputtering recovery. And he blamed Republicans for holding back future progress by uniformly opposing other proposals on the table.
His previous revival effort has worked, Obama said, but "it just hasn't done as much as we needed to do." With public opinion sour on the first economic stimulus plan, Obama initially refused to call the three-pronged economic plan he laid out this week a "stimulus" plan but then said: "There's no doubt that everything we've been trying to do ... is designed to stimulate growth and additional jobs in the economy. That's our entire agenda."
Much of the summer has been marked by one discouraging economic report after another.
Yet, reports so far this month _from manufacturing to new jobless claims to home sales to business activity — have topped most forecasts. That has brightened the outlook somewhat as worries of a "double-dip" recession fade.
Still, there is little that Obama can do that is likely to turn the economy around in the short time before Election Day on Nov. 2.
Facing a possible GOP blowout in November, many Democrats who supported Obama earlier this year on his landmark health care overhaul bill have sought to distance themselves from the unpopular law. Some Democrats have actively criticized it as they campaign.
Asked why this was so, Obama cited a "political season" in which he said every candidate has "their own district, their own makeup, their own plan, their own message."
With the unemployment rate at 9.6 percent, Obama said that Democratic and Republican candidates alike "are going to make the best argument they can right now."
"That's how political races work," he said.
Obama over the past week has outlined a trio of job-creation ideas designed to prod the economy: $50 billion for roads, rail lines and other infrastructure spending, a permanent research and development credit and upfront 100 percent business write-offs through 2012.
Facing a possible GOP blowout in November, Obama sought to rally his struggling party, casting Democrats as warriors for the hard-pressed middle class and Republicans as protectors of millionaires and special interests.
Asked how he had changed Washington, Obama said the dreadful economy made it hard to demonstrate real progress.
"I think that's fair. I'm as frustrated as anybody by it," Obama said.
Obama also:
• Said he was naming White House economist Austan D. Goolsbee to succeed Christina Romer as chairman of the president's Council of Economic Advisers.
• Said he is encouraging peace talks between Israel and the Palestinians because the alternative is a status quo that puts both parties — and the U.S. — at risk.
• Praised consumer advocate Elizabeth Warren, a Harvard professor and head of a panel investigating the financial meltdown, but said he's not ready to make an announcement of whether she is his choice to head a new financial consumer protection bureau.
• His administration has fallen short in his goal of closing the Guantanamo Bay detention center after promising to close it within his first year as president. He said he still believes the American justice system is capable of prosecuting, convicting and holding terrorists who have attacked the U.S.
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It's funny how he is spending so much effort trying to convince people his policies are working....hahaha, if they WERE working, people would see it for themselves you charlatan.
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;)
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The truth of the matter is that the panic was over when he took office. The stock market was still shaky but it was relatively calm in Bush's last 3 months after the fall panic. Then it started crashing again when Obama took office. The unemployment rate was at most 7 % when he took office and is now close to 10%. What is totally unacceptable is that it has stayed at 10% for over a year. That is not Bush. That is all Obama. ANY president would get blamed for that, and rightly so. What is even more rediculous is that interest rates are at an all time low, so Obama doesnt have the same excuse as Reagan did when Reagan was having to kill inflation. Democrats and liberals are starting to look stupid blaming Bush for this.
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40 years James? It didnt even last 2 years.
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Well duh.