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Will Obama Finally Take Responsibility for the State of Economy?

Mar. 11, 2013 7:23pm Christopher Santarelli

With the stock market reaching historic levels last week, the jobs report bringing the unemployment rate down to a level below where it was when the president took office amd the federal reserve announcing that Americans have recovered $16 trillion in lost wealth since the recession, moving forward, it will be very difficult for President Obama to blame any further economic interruptions on his predecessor. And, according to more than one analyst/economist, those interruptions are coming.

Furthermore, the numbers that the media and White House are touting right now seem to be largely pegged to the stock market, raising the question of who is really benefiting from this “recovery.” Unemployment numbers for minorities, teens and people with bachelor degrees are still quite high.

On ‘Real News‘ Monday the panel debated if we are in a real recovery, how much can still (with a straight-face) be blamed on Bush, and whether the worse is still to come.

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Comments (13)

woodyee
Posted on March 12, 2013 at 10:32am
No. He’ll blame Republicans, or George Bush, or our People, or the Congress, or his glove doesn’t fit, or the Sun was in his eyes, or a rock got in his way, or the dog ate his homework…

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toledofan
Posted on March 12, 2013 at 9:53am
Obama won’t take responsibilty because it’s still just smoke and mirrors. I don’t think that we’re out of the woods by any means and as time goes on and Obamacare kicks in, we’re going to be in a recession. The other part of the coin is 47 million plus people on food stamps and other forms of government assistance, that sure doesn’t spell recovery to me.

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cvs334
Posted on March 12, 2013 at 9:43am
Interesting how they are talking about “income inequality” and how it widened … you say the 1% and you are slammed, but noticing the 1% is growing and but mentioning more in poverty is OK. There IS something wrong … the OWN and TP are right at their core … the problem is they have been co-opted by Socialists and Corporate fat cats …

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Zeke48
Posted on March 12, 2013 at 9:39am
I posted a comment an hour ago, what gives with you people.

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Zeke48
Posted on March 12, 2013 at 9:15am
Are you people sleeping on this or are you going to post everyone’s comments

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Sargeking
Posted on March 12, 2013 at 8:25am
Our Great Leader will never take any responsibility on the dire economy of joblessness beyond spinning the numbers. The real jobless rate is more than 36%. The big players on the Stock Market are temporarily kicking the can down the road with the Short Sell. The “lost wealth” that was recovered in the private sector is people cutting back on big ticket items by prioritizing their needs. As the Truth Detector has said regarding Mr. Obama: “He came to divide and not to unite”! Limbaugh.

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edie1945
Posted on March 12, 2013 at 8:02am
The answer is a resounding….NO!!!

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edie1945
Posted on March 12, 2013 at 8:00am
Now come on…..the answer is a resounding NO!!

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MiCurmudgeon
Posted on March 12, 2013 at 7:12am
NO.As a child I was taught to respect my elders. Obama is much younger than I am.

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spirited
Posted on March 12, 2013 at 2:26am
There must be some good people who know exactly what is going on; and are working on interrupting it. –There must be.

They must tread carefully…..quietly….with caution –and out-smart the wise-guys.
They must be finding the right way to blow the cover, with the least damage.

It must be carefully and strategically worked out…since the evil doers are like dust particles.

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fedlibertarian
Posted on March 12, 2013 at 1:37am
Why do we focus our hate on this sad pathetic puppet of his handlers? That is exactly what ‘they’ want. Look up hegelian dialectic: problem, false choices, planned solution. Both parties are on the same side; any appearance of conflict and opposition is for our benefit only. Very few awake politicians exist. We are rolling in one direction. Wake up; there is no left right, there is only divide and conquer.

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NiModo
Posted on March 11, 2013 at 11:51pm
From what i’ve seen these past 4-5 yrs he won’t. He’ll continue to have the media, actors & musicians around him throw gala after gala in order to promote “YES WE CAN!” while twisting the knife in America’s back.

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lel2007
Posted on March 11, 2013 at 10:39pm
Will Obama Finally Take Responsibility ? no. hell no. it’s bush’s fault.

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