Author Topic: Obama: " I did not understand the depth of the recession.". FAIL x 1,000  (Read 448 times)

Soul Crusher

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Obama: I Underestimated Magnitude Of The Recession   
   
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Source: Talking Points Memo

President Obama openly acknowledged underestimating the length and magnitude of the worst recession since the Great Depression in a response to a question during his Twitter town hall.

Always a tough question to answer, Obama was asked what mistakes he made in handling the economic crisis and what he would have done differently looking back on his first months in office.

Obama freely admitted that he would have tried to do a better job explaining "to the American people it was going to take a while to get out of this."

"Even I didn't realize the magnitude -- because most economists didn't realize the magnitude -- of the recession until" it was many months into his presidency, Obama said Wednesday.

Read more: http://tpmdc.talkingpointsmemo.com/2011/07/obama-i-unde...

Soul Crusher

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What a liar.    Had he listened to , morici, schiff, celente, faber,  or rp instead of krugman, summers, big ben, Timmy, Romer, etc, we would have been better off.   
F

Bindare_Dundat

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No doubt.

Soul Crusher

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Soul Crusher

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Bump for straw, Benny, Vince, 240 blacken. 

Soul Crusher

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Bump for 240 again.

Bindare_Dundat

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Obama was asked what mistakes he made in handling the economic crisis and what he would have done differently looking back on his first months in office.

Obama freely admitted that he would have tried to do a better job explaining "to the American people it was going to take a while to get out of this."





lol

 Great strategy. Hope there was more to this than that.

Soul Crusher

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He's lying again.  It never freaking ends w his lies.

Soul Crusher

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BUMP for 240   

Kazan

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Correct me if I'm wrong, but wasn't he the junior Senator from IL? Oh thats right he spent all his time as Senator running for POTUS, I can see how you would have no idea how bad the recession was ::)
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