Obama admits economic message unsatisfactory
So now Obama admits economic message unsatisfactory.
“I don’t think we’re in danger of another recession, but we are in danger of not having a recovery that’s fast enough to deal with what is a genuine unemployment crisis for a whole lot of folks out there — and that’s why we need to be doing’ more,” he said.
Reminds me of the old burlesque bit that I saw reenacted on I Love Lucy, “Slowly I turn and step by step, inch by inch …”
Maybe in a few months Obama will be able to say, “Yes, a double dip is likely because of that lousy deal I made on the debt ceiling. It may have taken me months to see this, but the stock market got it the day the deal was signed. They started taking their money out of stocks, before the ink was dry. They kept telling me they didn’t believe the Keynesian economic prediction that the economy would tank if we started cutting deficits now, but that’s not how they acted. ”
For those few people who have not seen the bit, either in the original airing or in the multitude of reruns, here is the video below: