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Obama: I reversed recession until 'bad luck' hit
At a town hall meeting on his campaign-style tour of the Midwest, President Obama claimed that his economic program "reversed the recession" until recovery was frustrated by events overseas. And then, Obama said, with the economy in an increasingly precarious position, the recovery suffered another blow when Republicans pressed the White House for federal spending cuts in exchange for an increase in the national debt limit, resulting in a deal Obama called a "debacle."
"We had reversed the recession, avoided a depression, gotten the economy moving again," Obama told a crowd in Decorah, Iowa. "But over the last six months we've had a run of bad luck." Obama listed three events overseas -- the Arab Spring uprisings, the tsunami in Japan, and the European debt crises -- which set the economy back.
http://campaign2012.washingtonexami...obama-i-reversed-recession-until-bad-luck-hit
good lord...he wants the credit when things are good, but when things are bad it is now lady luck....does that mean he found a new "person" to blame instead of bush...
yet when it is bush or gop, it has nothing to do with luck or events overseas or events out of their control, no, it is all bush's or the gop's fault.
everyone meet lady luck, the new obama scapegoat
At a town hall meeting on his campaign-style tour of the Midwest, President Obama claimed that his economic program "reversed the recession" until recovery was frustrated by events overseas. And then, Obama said, with the economy in an increasingly precarious position, the recovery suffered another blow when Republicans pressed the White House for federal spending cuts in exchange for an increase in the national debt limit, resulting in a deal Obama called a "debacle."
"We had reversed the recession, avoided a depression, gotten the economy moving again," Obama told a crowd in Decorah, Iowa. "But over the last six months we've had a run of bad luck." Obama listed three events overseas -- the Arab Spring uprisings, the tsunami in Japan, and the European debt crises -- which set the economy back.
http://campaign2012.washingtonexami...obama-i-reversed-recession-until-bad-luck-hit
good lord...he wants the credit when things are good, but when things are bad it is now lady luck....does that mean he found a new "person" to blame instead of bush...
yet when it is bush or gop, it has nothing to do with luck or events overseas or events out of their control, no, it is all bush's or the gop's fault.
everyone meet lady luck, the new obama scapegoat