Obama says he inherited economic problems

Comments (218)
DJDeSpain wrote:

So much for “The Buck Stops Here.” With Obama, it’s more like passing the buck!

Aug 08, 2011 8:22pm EDT  --  Report as abuse
Indie2012 wrote:

Also inherited – a 5% unemployment rate and a AAA credit rating.

Aug 08, 2011 8:24pm EDT  --  Report as abuse
dw1206 wrote:

Well, what he says is true….absolutely true! We did not get so deep in debt over night, and it is going to take years to recover. That is something so many people tend to forget.

Aug 08, 2011 8:34pm EDT  --  Report as abuse
flormaria wrote:

I don’t want to hear anymore campaign speeches. I want explanations, answers, and solutions.
How about:
1. the rich and cooperations are fairly taxed
2. no tax havens or loopholes for the above
3. government investment and creation of jobs in new and renewable energy
4. wars end now

Aug 08, 2011 8:49pm EDT  --  Report as abuse
bucketwalrus wrote:

He also inherited a AAA rating. Took less than 3 years for him to screw that up.

Aug 08, 2011 8:50pm EDT  --  Report as abuse
USAPragmatist wrote:

Surprised he has not been saying this more.

Aug 08, 2011 8:51pm EDT  --  Report as abuse
caldgargan wrote:

Seriously, when is he going to stop blaming everyone else for his mistakes, lack of leadership and wild spending habits? ENOUGH!

Aug 08, 2011 8:52pm EDT  --  Report as abuse
RikkiDoxx wrote:

The Child In Office inherited a AAA rating. He also inherited a 5% unemployment and the deficit was a Democrat one. Obama conveniently forgets that the Democrats were in power during the last two years of the Bush admin. Obama inherited that!

Aug 08, 2011 8:54pm EDT  --  Report as abuse
jfxwsr wrote:

While he did inherit two unfunded wars and ill-thought tax reduction in a dysfunctional tax system, he has failed to present the real deficit issues – the need for a responsible tax system that raises sufficient revenue, and engages all in shared sacrifice. He has failed to make the case that America can be more productive with ten out of ten people helping improve our infrastructure rather than nine out of ten. We all need him to make the reasonable case to work together to build a better country. How long will we have to wait?

Aug 08, 2011 8:54pm EDT  --  Report as abuse
nimrod_0 wrote:

This is why Governors make better presidents than Senators do; they’re leaders, not representatives. Obama did inherit them, yes. But like Commentorssss said, it’s his job now to fix it. He’s not a Senator any more, he’s an executive. Time to stop whining, stand up, and drive the nation toward a goal. That’s what executives do.

Aug 08, 2011 9:00pm EDT  --  Report as abuse
jwmedina wrote:

What a loser. That’s like saying my students won’t learn because last years teacher was so bad. Just imagine if our school system operated on that premise. I am so sick and tired of this poser. He has not a single constructive thought in his head, just blame and evade and whine and play more golf. Quit, you moron! Just do us all a favor. QUIT! PLEASE! and take Biden with you. For all his flaws, Boehner would make a better president than Sir Whine-a-lot!

Aug 08, 2011 9:01pm EDT  --  Report as abuse
mnjr wrote:

It’s his failed policies that have added to the debt. The failed stimulus package, the failed shovel ready stimulus, which have led to extended unemployment claims, food stamps etc. Realize this…….if we do not add 1 job for the next 2 years we could have an unemployment rate of 2%, not counting discouraged workers. The public has started to figure out the elitists goal and games. Democrats and Republicans will be finished in the end. The only solution is going to be a revolution.

Aug 08, 2011 9:08pm EDT  --  Report as abuse
nonameneeded wrote:

Um, he didn’t inherit anything that he wasn’t aware of. He was in the Senate during Bush’s terms (and voted against raising the debt ceiling in 2006, commenting it was showing a lack of leadership to raie it.) And he also signed the law to extend the Bush tax cuts, because he stated that it would add $3,000 in taxes to middle-class households. And yes, while Bush did a lot wrong, what has Obama done right? How has he improved the economy? All he does is whine and whine about how he “inherited this and that.” He also inherited a low unemployment rate and a AAA rating that has withstood WWI, Great Depression, WWII, the Carter Admin., and 9/11. Can’t he take the blame for anything? The stimulus failed, no one wants to hire because they are frighten of regulations, most of us (taxpayers, at least) are tired of hearing how it’s our fault, we don’t pay enough in taxes or whatever the excuse du jour/talking point happens to be. He ran for this job. He said he could do it. Well, I guess he is “fundamentally transforming America.” Too bad most of his followers didn’t what he meant and too bad for us who did, are now worried that everything we’ve worked for is going to be destroyed.

Aug 08, 2011 9:12pm EDT  --  Report as abuse
nonameneeded wrote:

Um, he didn’t inherit anything that he wasn’t aware of. He was in the Senate during Bush’s terms (and voted against raising the debt ceiling in 2006, commenting it was showing a lack of leadership to raie it.) And he also signed the law to extend the Bush tax cuts, because he stated that it would add $3,000 in taxes to middle-class households. And yes, while Bush did a lot wrong, what has Obama done right? How has he improved the economy? All he does is whine and whine about how he “inherited this and that.” He also inherited a low unemployment rate and a AAA rating that has withstood WWI, Great Depression, WWII, the Carter Admin., and 9/11. Can’t he take the blame for anything? The stimulus failed, no one wants to hire because they are frighten of regulations, most of us (taxpayers, at least) are tired of hearing how it’s our fault, we don’t pay enough in taxes or whatever the excuse du jour/talking point happens to be. He ran for this job. He said he could do it. Well, I guess he is “fundamentally transforming America.” Too bad most of his followers didn’t what he meant and too bad for us who did, are now worried that everything we’ve worked for is going to be destroyed.

Aug 08, 2011 9:12pm EDT  --  Report as abuse
joxxol wrote:

Honestly, what else is he going to say, “Sorry, I don’t know what I am doing; you made a mistake electing me?” The United States was foolish to elect someone based on their good intentions rather than on competence. Seven years into his presidency will we still be hearing how he is the victim of forces beyond his control?

Aug 08, 2011 9:15pm EDT  --  Report as abuse
TeeTime wrote:

Facts always elude an egomaniac…you are the downgrade President Obama.

Aug 08, 2011 9:19pm EDT  --  Report as abuse

Jeeziz, this guy doesn’t get it! Is he a Z-E-R-O or what? Me thinks the USA could very well use a “Presidential Regency” right now!

Aug 08, 2011 9:31pm EDT  --  Report as abuse
jscott418 wrote:

You know what Obama. It really does not matter how you got the problem. Its been your problem for over two years now. You wanted us to vote for you because you said you could fix it. Obviously we were wrong, because ever since then you have blamed everyone but your self.

Aug 08, 2011 9:32pm EDT  --  Report as abuse
USAGeorge wrote:

Getting tired of Obamas excuses. It’s about time he mans up and stops the bitchin and moaning. Sooner or later he has to realize that as the President He shouldn’t be acting like that Uncle we all have. Every family has the family closet for people who act like Obama.
Obama has to understand “The buck stops here”.

Aug 08, 2011 9:34pm EDT  --  Report as abuse
eddiethegeek wrote:

This blathering idiot is BLAMING again. He’s blaming Bush. He’s blaming Greece and Italy and Ireland and Spain. Everything he’s done has been perfect. Can our nation SURVIVE another 17 months with this FRAUD in the White House?

Aug 08, 2011 9:35pm EDT  --  Report as abuse
nyx567 wrote:

Can’t wait to get rid of you soon enough. You can’t do the job…quit. Stop making excuses, either do your job or quit.

Aug 08, 2011 9:36pm EDT  --  Report as abuse
Nookly wrote:

NOT MY FAULT!!!!!!!!!!!!!!!!!! That is all this failure can say. Got news for you Mr President, you spent 5 TRILLION dollars and got nothing done for non-union members or “friends”. You own this failure. When democrats took the checkbook it Jan of 2007, the debt was less than 6 trillion, not good, but workable, unemployment was 4.3%. A few years later under liberal control we are looking at 9 plus percent unemployment and over 14 trillion is debt. Frank and Dodd where in charge of oversight in housing and banking and they outright refused to look at the facts of the coming failure. They chose to allow the failure to happen because they were compromised. Frank had his lover as a Fannie exec and Dodd was getting questionable loans.
Yes, you and your spend happy party own this economic failure and the downgrade.

Aug 08, 2011 9:36pm EDT  --  Report as abuse
Intriped wrote:

Then he is not up to the task in all fairness.

Aug 08, 2011 9:38pm EDT  --  Report as abuse
genesys_4 wrote:

sad but true
he’s just a scapegoat in this debt issue

Aug 08, 2011 9:42pm EDT  --  Report as abuse
SanPa wrote:

Yes, President Obama did inherit a mess. That written, he is now the President and Bush is not, so the problem is squarely his to address.

Aug 08, 2011 9:43pm EDT  --  Report as abuse
robb1 wrote:

With all the good will, we do not need more stimuli in the form of temporary reliefs, we need strong, long term policies to create domestic jobs:

- tax and disincentive outsourcing
- help domestic manufacturing small business
- curb offshore big corporations loopholes
- adjust to inflation Fed corporate tax rates, we cannot compete now with 44% in California for example.

Mr. President, do u read?

Aug 08, 2011 9:43pm EDT  --  Report as abuse
sickoftheBS wrote:

I remember hearing Obama saying during the election that if he didn’t fix the financial problems this country has, he would not run for election. Another lie from a politician. No surprise. What’s the change O?

Aug 08, 2011 9:44pm EDT  --  Report as abuse
PCScipio wrote:

I think we’ve got a bit of a leadership problem topside.

Aug 08, 2011 9:45pm EDT  --  Report as abuse
JD12345 wrote:

He has yet to take responsibility for any negatives. If there is anything positive he is so quick to link his name and attribute the success to his hard efforts. Does he really think if he keeps telling us it is not his fault we will eventually believe it? He is now trying to deflect the negative economy on congress. If he has great ideas to improve the economy and create jobs he should put them on the table.

Aug 08, 2011 9:48pm EDT  --  Report as abuse
gruven137 wrote:

This guy couldn’t run a hot dog stand.

Aug 08, 2011 10:08pm EDT  --  Report as abuse
mynamehear2 wrote:

Interesting- nearly all the itemized points the Pres needs toa ddress from the above comments (less military withdraw from Afghan, which when a modest withdraw was proposed was rcv’d poorly by the military) has been blocked by the House.

Where is the positive change that the House was suppose to deliver from the ’10 elections? Seems from what I’ve heard/read from S & P’s Chambers, S&P places the AAA rating loss squarely on their shoulders.

You the electorate base are the ones to blame here and the buck stops with You, whether You know it or not.

Aug 08, 2011 10:18pm EDT  --  Report as abuse
GSH10 wrote:

President Obama may have inherited many of the problems, but he took responsibility to fix them. We citizens have nothing to show for the $1.5 trillion dollar bailout and stimulus package, except bigger wealthier banks.

His antiwar promise became and escalation of Operation Enduring Freedom and an expensive involvement in Libya.

President Obama’s “Get it done” attitude, which he told Congress with the stimulus and healthcare plan, is an abdication of his position. He has broken his promises of transparency and use of social media for conversations with the public for our input.

As a leader I learned failure is my responsibility and success is credited to my team. His statement of blame is extremely disappointing. We need a person of character. Someone who accepts responsibility for their actions. We need a leader with a vision and plan, not rhetorical, empty promises.

Aug 08, 2011 10:26pm EDT  --  Report as abuse
PCScipio wrote:

@eleno: Bush brought us Obama. Bush was so very bad and the influence of money on our politics had grown so egregious that Obama’s lack of political experience, “exotic” (non-establishment) image, hope and change schtick (This is also a Yiddish word, so if you hang out here long enough, I’ll teach you.) were irresistible to many. That the Republicans have in recent years put up such lame candidates also went a long way to Obama’s election. And mark my words, if the Republicans don’t do better than their current field, Obama will have a second term.


Aug 08, 2011 10:30pm EDT  --  Report as abuse
Unmistakeable wrote:

Yes, he inbherited economic problems. He also didn’t have the ability to solve them and when he tried to solve them he just made them worse.

Aug 08, 2011 10:30pm EDT  --  Report as abuse
Sensibility wrote:

I remember when Barack Obama stated in March that he would be judged on his handling of the economy. Thus, he is being judged.

Aug 08, 2011 10:33pm EDT  --  Report as abuse
Bubba311 wrote:

Every President has inherited an economy —- good, bad, or neutral. The important thing is to measure what he does with it during his term in office. This “blame Bush” mantra is totally worn out.

Aug 08, 2011 10:34pm EDT  --  Report as abuse

eleno, I didn’t vote for the guy but here is my take on that disastrous election: Barack Obama was packaged, marketed and sold to an angry and unsohisticated American electorate by a corrupt, leftist press.

Aug 08, 2011 10:34pm EDT  --  Report as abuse
Patriot_70 wrote:

And after he got the economic problems, he magnified them, made them a thousand times worse, then, oathetically, refused to own the problem.

He also isolated and abused the republicans by totally shutting them out when he had control of everything. Then he spent more than any president in history, over the objections of not only the republican party but millions of americans who were screaming STOP.

And still, he refuses to look where the blame lies, at himself – and so far, he has lamed Bush, then Republicans, then the Tea Party, then foreign markets, and now, he’s back to Bush. When is he going to wake the heck up and DEAL WITH IT.

Aug 08, 2011 10:34pm EDT  --  Report as abuse
Sensibility wrote:

“As president of the United States my job is to work with Congress to try to get as much done as possible,” he said.

Honestly sir, are you listening to yourself?! Get as much done as possible? This is not a good idea when everything you do makes matters worse. Your responsibility is to GET OUT OF THE WAY. Stop stifling the economy and let the recovery take root.

Aug 08, 2011 10:38pm EDT  --  Report as abuse
Sensibility wrote:

“As president of the United States my job is to work with Congress to try to get as much done as possible,” he said.

Honestly sir, are you listening to yourself?! Get as much done as possible? This is not a good idea when everything you do makes matters worse. Your responsibility is to GET OUT OF THE WAY. Stop stifling the economy and let the recovery take root.

Aug 08, 2011 10:38pm EDT  --  Report as abuse
policywhiz wrote:

I find it more than disappointing that the President has not accepted any responsibility for his last 2 1/2 years and continues to blame everyone …. Bush, S&P, Tea Party and etc. He could call the Congress back to start working, he could discuss cuts, real cuts. His speeches are old, his hope is gone, his change has taken us to a downgrade and his we can did not pan out. Obummer

Aug 08, 2011 10:38pm EDT  --  Report as abuse
policywhiz wrote:

I find it more than disappointing that the President has not accepted any responsibility for his last 2 1/2 years and continues to blame everyone …. Bush, S&P, Tea Party and etc. He could call the Congress back to start working, he could discuss cuts, real cuts. His speeches are old, his hope is gone, his change has taken us to a downgrade and his we can did not pan out. Obummer

Aug 08, 2011 10:38pm EDT  --  Report as abuse
skifiSSS555 wrote:

“Obama says he inherited economic problems”

Well yes, he did, but first of all that was 3 years ago..and second of all, passing cr@p like obamacare and Dodd Frank have only made things worse.

Aug 08, 2011 10:40pm EDT  --  Report as abuse
B-Dozer wrote:

Debt went up 50% in the last 2 1/2 years. Unemployment???? Well we all know that answer.

Aug 08, 2011 10:40pm EDT  --  Report as abuse
fgerhartofsa wrote:

President Obama’s so called “Inheritance” does not explain the record spending he has permitted since assuming office.

Mr President, how did former President Bush influence your decisions to spend $660 billion on “discretionary spending” in the 2010 budget?

Aug 08, 2011 10:47pm EDT  --  Report as abuse

After 8 years of obscene tax cuts for the rich, 2 unfunded wars, no weapons of mass destruction, bank bailouts, etc… I was disillusioned. The republicans handed the democratic President an economy in tatters that was shedding over 3/4 million jobs PER MONTH (remember that?). Before you all play “pin the tail on the donkey” you better look in the mirror. Just sayin’.. .

Aug 08, 2011 10:48pm EDT  --  Report as abuse

It is sad to see our President and our Country so weakened. I’m disappointed at the continued spin, and the continued focusing on getting elected rather than leading. I believe we will see calls for impeachment soon if Obama doesn’t change things fast. It is an utter waste of opportunity to have him in the Whitehouse.

Aug 08, 2011 10:52pm EDT  --  Report as abuse

It is sad to see our President and our Country so weakened. I’m disappointed at the continued spin, and the continued focusing on getting elected rather than leading. I believe we will see calls for impeachment soon if Obama doesn’t change things fast. It is an utter waste of opportunity to have him in the Whitehouse.

Aug 08, 2011 10:52pm EDT  --  Report as abuse

It is sad to see our President and our Country so weakened. I’m disappointed at the continued spin, and the continued focusing on getting elected rather than leading. I believe we will see calls for impeachment soon if Obama doesn’t change things fast. It is an utter waste of opportunity to have him in the Whitehouse.

Aug 08, 2011 10:52pm EDT  --  Report as abuse
shelbyanne wrote:

Who is passing the buck? Bush waged two wars on credit, gave huge tax breaks to the wealthy, gave huge subsidies to gulf oil rigs, and gave huge bailouts to banks. All on credit.

Aug 08, 2011 10:53pm EDT  --  Report as abuse
venturen wrote:

Obama isn’t qualified to shine my shoes…he complains anytime anything presidential is expected of him….RESIGN IF yOU FEEL YOU AREN’T Qualified so we can get a useful person!

Aug 08, 2011 10:53pm EDT  --  Report as abuse
weintrouble wrote:

How stupid does this man think we are? Most of the problems happened on his watch. Every president inherits negatives from their predecessor. This president has the backbone of a school yard bully.
If he were compitent, he would realize that and attempt to correct what he fells is wrong. This small minded man does not have the slightest idea how to lead positively. His leading is to distruction and he has no one to blame but himself.

Aug 08, 2011 10:54pm EDT  --  Report as abuse

He did inherent problems and the governments actions have made things better, at least in the short-term. But we are seeing that large deficits have a payback which is lower confidence about the future and especially higher expected future taxes which reduce current investment and consumption, but is this a one for one payback?

Rich getting richer is separate issue and making rich people poorer isn’t a economic question, it’s a moral question. You could cut the economic pie many different ways and one group or another could have legitimate gripes, rich/poor, old/young, majority/minority, farm/city to name but a few. The point is redistribution needs to be dealt with a moral imperative instead of dragging economic arguments into the picture.

Where these fault lines meet is that the government cannot both do fiscal stimulus and drastically change the moral distribution of revenues to gain short-term economic benefit. And as much as everyone wants long-term change, no one wants to self-inflict the significant loss of wealth it would entail in the short-term.

Obama is caught therefore in a bind.

He could have gambled that had he allowed a major recession in 2008 that by now things would be in an upswing. That is assuming he really has that much power and some would argue no President can really move the spirit of the times to that degree.

In any event, politically speaking blaming Bush will be a failed strategy.

Aug 08, 2011 11:01pm EDT  --  Report as abuse
hyperlux wrote:

Most of the twiddling commentary above hasn’t really addressed anything about this presidency, but it’s good to see such strength of character. I would venture that Obama most certainly will win re-election, but not necessarily because of what he does in the next 16 months – it has everything to do with the inability of the Republicans to present a viable alternative to George Bush, Dick Cheney and John McCain. None of the current contenders, if they could be called that, are going to get 50% of the electorate.

The good news is that if the current conditions may give the President’s office just what is needed to get the jobs engine going – he is better poised than any of his opponents to deal with the current situation. After all, his teams prevented the immediate sinking of our country into a Great Depression, although we seem teetering on the brink of falling backwards into it, that has more to do with dissent and fear-mongering than anything else.

They also got bin Laden, which is a lot more than can be said for the previous administration, which it should not be forgotten, dropped the ball on OBL when they decided to go for it in Iraq. $5-6 trillion added to the deficit during that era did contribute in a great way toward this current crisis, but the worst of it – obviously – was the ratings mismanagement by the very agencies that are down-grading us now. All while, yes, the previous administration looked the other way.

The way forward? A budget at the next cycle that actually cuts spending drastically, starting with a 30% reduction in our military budget (which went up during the previous administration to equal 50% of what the rest of the world spends on it), followed by a serious proposal to raise the retirement age for both Social Security and Medicare (the latter which also saw vast increases in cost due to prescription benefit boondoggle).

These 2 simple actions would allow a solid trillion to be invested into our crumbling infrastructure – literally paving the way forward by creating jobs here at home where they do all the good – but without the added anxiety that QE3 would cause. As to whether it will happen, who knows. But we already know what the Republicans value most of all – to see Obama as a one-term president. A shorter-sighted goal than that is hard to imagine, which is a shame, because as a country we can work our way out of this easily – as soon as the small-minded partisans get their heads knocked around a bit by their constituents this fall.

Aug 08, 2011 11:03pm EDT  --  Report as abuse
iowafarm wrote:

Guess he threw out that plaque “The buck stops here.”

Aug 08, 2011 11:21pm EDT  --  Report as abuse
iowafarm wrote:

Guess he threw out that plaque “The buck stops here.”

Aug 08, 2011 11:22pm EDT  --  Report as abuse
bobw111 wrote:

His comments were meant to feed his rich liberal base and his buddies in the left leaning media.

Everything he says and does from now till election will be with the sole goal of re-election in mind.

The same goes for the rest of congress.

Some in the press are already talking of him spending $1 Billion for to get re-elected.

Anyone that spends that kind of money for a $400K a year job is well beyond being just power hungry.

Expect more hate speach from Obama, his rich liberal friends, and more vicious attacks by the media on anyone to the right side of the far left whether Republican or Democrat.

Remember, to the extreme far left or extreme far right, anyone who doesn’t think like they do is “a dangerous extremist.”

Thus anyone with even a bit of common sense will also fall into their “extremist” group…

Aug 08, 2011 11:22pm EDT  --  Report as abuse
iowafarm wrote:

Stay in Afghanistan, keep Geithner, and blame Bush for 3 years of economic disasters. Words fail me but my vote won’t.

Aug 08, 2011 11:23pm EDT  --  Report as abuse
iowafarm wrote:

Stay in Afghanistan, keep Geithner, and blame Bush for 3 years of economic disasters. Words fail me but my vote won’t.

Aug 08, 2011 11:23pm EDT  --  Report as abuse
seangenung wrote:

Yes, He inherited Economic problems and then decided to spend more than all of the presidents who came before him anyway. Only one third of american citizens pay taxes the other two thirds live off that one third’s hard work, as direct dependents or indirectly on social programs. Worse yet many of the people who pay taxes actually get paid directly with tax dollars. The small percentage of people who do carry so many others are bound to tire and stumble as the burden continues to grow. Compromise is how we got where we are but now that some people are not willing to compromise this country any farther into a hole, those that did do this to us (Both Democrats and Republicans), will of course blame those fiscal conservatives who hope to save us from ourselves.

Aug 08, 2011 11:29pm EDT  --  Report as abuse
naryso wrote:

Really tired of him always blaming anything on others and never looking to his poor policies.
While it is a truism that he inheritated the policies (good and bad) of previous administrations, it is also true that he hasn’t fixed things but made them worse. The next President will inherit the policies (good and bad) of previous administrations as well.

Aug 08, 2011 11:30pm EDT  --  Report as abuse

The president applied for a job and was hired to do it. Everyone since the beginning of time has been hired to solve problems, so start doing your job and quit pointing fingers.

Following is some simple advice Mr. President to help you solve the nation’s financial and jobs problems. Please keep it simple, regardless of what your staff and party says, and move forward…

Time to look at a flat tax as a solution. The government knows how many dollars are earned annually. Divide the earned dollars by the budget and walla you have the tax rate per dollar. No deductions, individuals and businesses just pay the per earned dollar rate. No frills on what an earned dollar is either.

How to make jobs… put limits on the number of hours people can work, and have a mandatory number of days off annually.

Please Mr. President – quit blaming and start doing the job you applied to and were hired to do.

This is a conservative’s liberal view. Now I step down from my soapbox, and thank God go to work to help pay for this mess!

Aug 08, 2011 11:33pm EDT  --  Report as abuse
effoff wrote:

Who’s to blame?

Aug 08, 2011 11:34pm EDT  --  Report as abuse
EN3 wrote:

For all you obama naysayers out there, Wait till next week When he comes out with the truth about george w bush. Being the second shooter and hiding in the grassy knoll. However I did notice a small freudian slip in your statement. He stated,” the financial crisis made matters worse.” What he really was saying, ” that’s his financial crisis made matters worse.” While it is true that george bush was one of the worst presidents this country is ever seen. But not too worried there mister president obama If you get reelected you’ll be right up next to him. About the only The only thing that george w bush and barack obama are qualified to do. Is to star in a remake of the movie dumb and dumber. Although It would have to be considered a science fiction because no one in their right mind can believe how stupid both of these men are.

Aug 08, 2011 11:38pm EDT  --  Report as abuse
schmetterling wrote:

Obama will be reelected, because the Republicans have no leaders. They have alot of wannabe’s, but are as shallow as a puddle of water, as individuals. This is the main reason they can’t solve problems. Their obstructionist attitude would hinder a man of any caliber, and has no place in our country. What it does show the rest of the world though is how ignorant and stupid we are when it comes to solving important problems that affect each and every citizen, and the credibility of the US Gov’t. Everything comes down to the eleventh hour these days, and it’s become a game of Russian roulette. The facts are that as long as the “old white men” can bring down Obama, this has become their primary reason to stay on the job. They don’t care about passing laws, or making progress for this country, or making sure you working folks have a retirement. what matters is their own agenda, and it’s ultra-toxic! The tea bags and Republicans are by-and-large Diabolical lunatics who continue to divide and spread the BS heavy.

Aug 08, 2011 11:38pm EDT  --  Report as abuse
MakinLemonade wrote:

It literally takes years for economic growth and economic deteriation to occur. These changes that were finally made now, won’t make a difference until maybe 5 to 7 years. Read the book freakenomics. Quick fixes are always private sector. The country as a whole is lucky we got to raise the debt cap.

Aug 08, 2011 11:39pm EDT  --  Report as abuse
JohnG-73645 wrote:

Well, he also inherited a republican retard controlled congress last election. So whose fault is it really then? It’s your fault!! You the retard voter! So go ahead and vote against your best interests yet again in 2012… What a bunch of stupid losers you are!!

Aug 08, 2011 11:48pm EDT  --  Report as abuse
JapanViewer wrote:

Well, it’s true. Regardless of political affiliation, what Obama is saying is true. Remember, Bush was President when the economy fell out. The bailout began with Bush. Remember?

Aug 08, 2011 11:50pm EDT  --  Report as abuse
neilc23 wrote:

The Democrats controlled both the 110th and 111th Senate and House of Representatives. In effect, they were in charge for the four years from January 2007 through January 2011 when the Republican overwhelmingly won the House.

You figure.

Aug 08, 2011 12:08am EDT  --  Report as abuse
FlBob wrote:

When does Obama not make excuses and say the problems are someone else’s fault? We all know there were problems when Obama took office. So what, did he expect to not have problems to deal with? It goes with the job, along with a need for real leadership and results, and his constant excuses are not providing either of those.

Aug 08, 2011 12:10am EDT  --  Report as abuse
PCScipio wrote:

@neilc23: Keep in mind that the Dems operate at a disadvantage vis-a-vis the Reps because they are a “big tent” party and not ideologically monolithic like the Reps. Also, the Reps have been able to focus predominantly on a few key factors in the “values” and “defense” areas, which play well with a certain segment of our population. OTOH, the Democratic Party encompasses a broad spectrum of viewpoints from raging liberals to Southern-state Blue Dogs, who are more like Republicans. So, because of this common ideology, focus, and resulting discipline, Reps achieve their policy objectives much more often than Dems.

But this Republican effectiveness is not necessarily a good thing for everyone. The question you need to ask yourself when you vote is which party, in general, has policy objectives that coincide with YOUR best interests.

Aug 09, 2011 1:37am EDT  --  Report as abuse
borisjimbo wrote:

Dubya left hidden landmines all over the ground when he left, this so-called “self-expiring” tax cut for the rich only one among them.

Aug 09, 2011 1:45am EDT  --  Report as abuse
mypetgloat wrote:

It’s a fact that Obama inherited massive economic problems caused by 8 years of outrageously out of control spending by Republicans who didn’t care at that time. But I like how Reuters makes it a matter of opinion.

Aug 09, 2011 1:54am EDT  --  Report as abuse
borisjimbo wrote:

Ah yes, Dubya left the country in fine shape for the next occupant of the Oval Office; peace and prosperity prevailed throughout the land so widely that the obvious heir, his vice president, was flabbergasted that the electorate did not choose him to take over the reins of power so that he could float more boats of the working classes.

Aug 09, 2011 1:55am EDT  --  Report as abuse
jorge62 wrote:

If your employer decided to hire as the head of the company a person whose never run a company, whose only been involved in the business of the company for a year in half, and the current business conditions were very difficult wouldn’t you be consider that a stupid move? That’s what the Americans did when they elected this guy.

Aug 09, 2011 2:19am EDT  --  Report as abuse
stambo2001 wrote:

4 more years, 4 more years, 4 more years. Obama is awesome to watch, I mean just awesome. He needs to keep doing exactly what he’s doing. Please, everyone support president Obama in the next election. The world needs the USA lead by Obama for another term. Maybe the Nobel committee can give him another Peace Prize for economics.

Aug 09, 2011 6:45am EDT  --  Report as abuse
BCerentano wrote:

@hyperlux… sorry to break the news to you but, Obama didn’t get bin Laden (although I’m sure he’ll take credit for it in his re-election campaign). OBL’s killing was the work of the CIA following a trail they picked up on while Bush was still in office.

Aug 09, 2011 6:57am EDT  --  Report as abuse
deerecub1977 wrote:

He knew that when he ran.This arrogant clown is destroying our country.

Aug 09, 2011 6:59am EDT  --  Report as abuse
BCerentano wrote:

Obviously, Obama knows whats works. G.W. Bush blamed the economy on 9/11, Enron and whatever else he could come up with. It worked and the monronic American voters re-elected him. Therefore, Obama has taken a page from the Bush playbook and he’ll use it all the way to election day.

Sadly, he’ll most likely get re-elected since blacks will vote for him because he’s black, Hispanics will vote for him because of promises of “imigration reform” (e.g. amnesty)and many whites are too unintelligent to see through the b.s. and run around chanting ‘Yes We Can’.

Aug 09, 2011 7:10am EDT  --  Report as abuse
abkisa wrote:

The President is absolutely right! If anyone takes an unbiased look at where our deficits came from they will see most of it can be attributed to Republican ideals and Bush’s presidency in particular. To say otherwise is to simply ignore facts and blindly follow party speak!

Aug 09, 2011 7:16am EDT  --  Report as abuse
loiters21 wrote:

Bush created more havoc in America than the average person knows or will ever know.On Bush watch, we had the greatest terror attack (Twin towers) America ever faced, perpetrated by Saudi Arabian nationals and other terrorists. On top of this Bush attacked and occupied a sovereign nation, Iraq, on the pretext that Sadam Hussein, had weapons of mass destruction which Bush and his father,both probably knew was not true!!
Obama signed up as Captain on a sinking Titanic. Can’t blame him for trying. But,I still feel that Democrats capitulate too much to the Republican/teaparty terrorism.

Aug 09, 2011 7:18am EDT  --  Report as abuse
loiters21 wrote:

why don’t you clean and shine your own shoes. You and the likes of you probably forget the time when you should have asked the predecessor to clean your shoes rather than clean out the pockets of hard working
American citizens. A little more respect is called for..may be its not too late for you.

Aug 09, 2011 7:24am EDT  --  Report as abuse
minipaws wrote:

Good old Blameocracy. I’m done with democrats and republicans. Time to bring in the Libertarians.

Aug 09, 2011 7:28am EDT  --  Report as abuse
amsterdamaged wrote:

Wonder how much all those trillions that Bush flushed down the toilet for nothing in Iraq and Afghanistan would help the economy now?

Aug 09, 2011 7:55am EDT  --  Report as abuse
Fishrl wrote:

Everybody jumps on Obama for “blaming Bush.” It doesn’t change the fact that Bush ran up the deficit, now does it? Did Obama come into office with a surplus? Which recent U.S. President came into office with a surplus?

Obama is not shirking his responsibilities when he says he inherited a deficit, he is merely stating a fact. That’s not OK? Nobody balked when Reagan blamed everything on Carter; he campaigned on it. Heck, Republicans are still blaming things on Carter, not to mention LBJ and FDR, despite decades of having control of one or more branches of government.

Obama has not been a strong leader and he deserves criticism for that. But it’s not wrong for him to put blame where it belongs.

Aug 09, 2011 8:04am EDT  --  Report as abuse
LMichael wrote:

Nobody wants to talk about the 700 billion bailout that cost us 16 trillion… Please , No more Republicans..

Aug 09, 2011 8:07am EDT  --  Report as abuse
hotmess wrote:

The feds claim 1.5% inflation and 9.2% DOL (16.4% terminal) unemployment, and at the same time we’re experiencing a multi-decade peak in commodity prices. Have you bought gas or groceries lately? That just doesn’t add up. We’re just at the beginning of the process of watching all the lies that have been coming out of Washington for years unwind.

Obama keeps talking about the rich needing to pay their “fair share” of the taxes and we need “shared sacrifices”. By IRS statistic, 51% of the wage earners pay no income taxes. And that’s a “fair share”? What’s “shared sacrifice” about that. He’s already decided the “rich” need to pay for our health care reform, and now this? How much clearer does he need to be about who he is and what he wants. He’s a socialist.

And let’s be honest, corporations don’t pay taxes. Taxes to a corporation are just like any other cost of doing business. Raise taxes on a corporation and they’re going to raise prices and guess what- consumer is going to ultimately pay.

This is the same administration that blamed the ratings agencies for the collapse of the housing and financial markets in 2008 because of the overrated quality of collateralized mortgage obligations. There’s some kind of personality disorder at work here.

Aug 09, 2011 8:08am EDT  --  Report as abuse
efpefp wrote:

what a lame loser….. why doesn’t he resign….

Aug 09, 2011 8:45am EDT  --  Report as abuse
truetoearth wrote:

ok that doesnt help, how bout telling americans we are screwed and we best dig up our manicured lawns and plant food?

Aug 09, 2011 9:02am EDT  --  Report as abuse
BuckeyeNick wrote:

This kid just doesn’t have it. It’s called gravitas and he ain’t got any. He doesn’t have a clue what to do other than blame everybody else. No wonder S&P downgraded us.

Aug 09, 2011 9:05am EDT  --  Report as abuse
tomwinans wrote:

This has been a consistent message from Mr. Obama. One that tells of his unwillingness to become educated and then lead rather than blame and state the obvious.

Of course this was “inherited”, though this word is imprecise. The US has been spending beyond its means and putting trust in Wall Street’s fidelity, trusting it would never impact through greed, since at least the Clinton administration and quite possibly before Mr. Reagan. Many factors beyond “war” have impacted the US economy. Illegal aliens/leaking borders, wars and policing the world, largesse to other nations who take advantage of this good will, aging regulations that make production far simpler and less costly outside of the US, pursuit of wealth via overnight/get rich quick schemes, etc., have contributed to our weak financial position. One could argue all of this was inherited since Mr. Obama’s administration came after these others, and this is the current state of our world.

My question to Mr. Obama is “when will you stop blaming others, and when will you start problem solving?” Do you feel the problem is intractable? Are you so beholden to weak minded politicians and funding partners that you won’t even do the obvious? Given a ten year horizon, could you not find $4T in savings – only < $1T was obvious to you? Are you incapable of digging deeper and getting rid of fluff that the federal government funds – and finding waste in our military vs. necessary spending?

This is basic management skill that we see lacking. You and ALL of our current leadership are weighed in the scales and found seriously wanting.

Blame is not a good leadership trait. Don’t blame previous administrations. At this point, you’ve had your opportunity to be the solution … you’ve become part of the problem. You’ve squandered incredible time and resources attempting to undo many of the things put into place by the previous administration only to find much of the war-related issues were as complex – if not more so – as Mr. Bush said. And you recognized too late that efforts to undo would cost more in time and political capital than focusing on the more urgent and worthy efforts relating to jobs and spending and taxes. You chose to rehearse the themes that the rich should be more aggressively taxed without being specific to say why and specifically where … hence you’ve simply regurgitated the themes that one silly political party throws out against the other, resulting in both appearing to channel stupid, if not being stupid directly.

One of many problems appears to be that you and your political colleagues on both sides of the aisle are far more concerned about 2 terms than doing actual work.

Aug 09, 2011 9:09am EDT  --  Report as abuse
tomwinans wrote:

“As president of the United States my job is to work with Congress to try to get as much done as possible.”

And blaming others helps in this job how, exactly?

Do you and your wife blame others if your children misbehave? Or do you roll up your sleeves together to discipline and teach?

Aug 09, 2011 9:13am EDT  --  Report as abuse
Redford wrote:

…And made them worse.

Aug 09, 2011 9:34am EDT  --  Report as abuse
Redford wrote:

…And made them worse.

Aug 09, 2011 9:34am EDT  --  Report as abuse
tomwinans wrote:

@ladygoodman … awesome! Right on the money, raw, and bottom lined.

Aug 09, 2011 9:46am EDT  --  Report as abuse
eleno wrote:

Blamer in Chief

Aug 09, 2011 9:47am EDT  --  Report as abuse
toledofan wrote:

Amazing isn’t it, everything belongs to some one else except Obama, his Administration or the Democrats. Yesterday listening to Obama one would think that he just stepped into the Oval Office, you’d never know he’s been there for almost 3 years. But, because he still gets cover from the mainsteream media, they all play the blame game; it’s the Tea Party, Republicans, and George Bushs fault. The guys out campaigning and having a good time and in the meantime Americans are suffering because rthey can’t find work, their savings are being depleted and there is no comnfidence tommorrow will be better than today.

Aug 09, 2011 9:56am EDT  --  Report as abuse
USAPragmatist wrote:

“As president of the United States my job is to work with Congress to try to get as much done as possible.” This statement is perhaps at the root of the right’s confusion about Obama’s leadership ability. Being a well regarded, educated Constitutional scholar, Pres. Obama goes by the how the Constitution defined the Presidency, not to propose legislation and policy, but to ‘run’ the country in the Executive Branch. He is trying to restore what the Presidency is for. He feels, rightly if your a Constitutionalist, that it is Congress’s responsibility to propose legislation and policy. This is why he leads the way he does. So in actuality all you right wingers that give him hell for not being out their proposing bills and the such (what you call leadership), are actually showing how you do not believe in the Constitution and how it defined the Executive branch. O well, just the typical reactionary ideas from those that are unable to see why things are the way they are.

BTW, back to the point of the article, as many others before me have laid out the cases well, I wont bother doing it again, Obama is nearly 100% right in blaming past policies, he just is not 100% because the tea-party and their obstruction deserve some of the current blame for trying to destroy confidence in the American political process, much of the reason for the downgrade.

Aug 09, 2011 10:02am EDT  --  Report as abuse

The USA needs a Presidential Regency at this point in time (or a coup). The Congress should either push him aside or impeach and remove him from office (gross incompetence, threat to national security) and install someone else in his place (Mistah Speakah) to run the country until the 2012 election and do no further harm.

Aug 09, 2011 10:05am EDT  --  Report as abuse
Chazz wrote:

He also promised he could fix it…..and he hasn’t – it’s obvious.

Obama is such a great example for kids today – he isn’t responsible for anything bad, it’s always someone else, he wants what he wants and he’ll stop at nothing to get it.

He doesn’t really care about anyone other than himself or his buddies – hey, “that’s life.”

What’s more, he uses his gift of gab to sell the soul of America and Americans….but then to say the country has a soul would be to admit some kind of belief in religion and that’s waaaaaaaaaaaaaaaaaaaay unPC today.

Obama promised “change.” Look at the dollars you once had in your bank account – it’s all change now….but that’s someone else’s fault.

I say let’s give him another four years “managing” the country – it’d be good for us to really experience what s*^% is.

Aug 09, 2011 10:45am EDT  --  Report as abuse
BuckeyeNick wrote:

This guy is going to break new ground: Running for a second term by blaming the guy before him. Are the American people dumb enough to buy this? At least half of them are.

Aug 09, 2011 10:52am EDT  --  Report as abuse
JonBranda wrote:

To me its a message Mr. President, you have failed. For the first time ever in the history of our country we fall below the AAA rating everyone was so proud of. I guess at least now President Carter can rest assured he was not the worse President in the history of our country. President Obama, you did what you said you would do, you brought us change like none could ever imagine.

Aug 09, 2011 11:13am EDT  --  Report as abuse
PCScipio wrote:

@BCerentano: Good point about who got OBL. What I find extremely ironic is the credit many pundits give Obama for the courage he showed in making the operational decision. Oh please! He risked a downtick in the polls and in his chances for reelection if the mission failed! That’s courage! Well, maybe in a country where every jock is a hero and every child does a “good job” that now passes for courage.

@USAPragmatist: While I’m generally sympathetic with your views, I think you’re way off base with your last post. Obama’s no Constitutional idealist; he’s a politician calculating the best way to garner a second term. His delegation of policy implementation leadership to Congress on every major issue was crass political strategy to keep his hands clean and be the great conciliator or “adult in the room” if things got messy. I like my presidents to be leaders, Obama’s not.

Aug 09, 2011 11:31am EDT  --  Report as abuse
jbad1 wrote:

As congress debates the effectiveness of the administration, they have to look at themselves. The American voter also has to consider whats best for the country/world. I have seen ultra-conservative canidates and issues before but not to the point that they try to grind everything to a halt and then stand back and say, “See I told you so”. The people in the past usually worked together to get something creative, but this congress w a Republican majority is imbecilic, like little children, cant play nice w the other kids. How can it be patriotic when you try to hurt the other party/nation to the point of financial pain ?

Aug 09, 2011 11:34am EDT  --  Report as abuse
EN3 wrote:

First get ready more than likely he will get reelected. Almost all republican candidates are perceived as either an idiot extremist are clones of george w bush.

However, History always repeats its self herbert hoover like barack obama inherited a mess, herbert hoover also like barack obama was a very intelligent man. but also like herbert hoover barack obama has no idea how to get us out of these problems. We need a president with a force of perseverance, machismo, chutzpah another word a big set of brass gonads. Obama just doesn’t have that he is perceived as a wimp, many republicans will not follow him many democrats will not follow him they tolerate him. We elected what we thought was superman, what we got was jimmy olsen. He doesn’t take chances He played it safe and that’s why we are worse off than we were 3 years ago. God knows where we will be after 16 years of poor leadership. I am really hoping that someone as in the republican party Will rise out of the ranks and have the innate ability of being a true leader….

Aug 09, 2011 11:35am EDT  --  Report as abuse
moonhill wrote:

He enjoyed taking the credit for getting Osama bin Laden. Will he now take the blame for the helicopter that was shot down with 22 members of Seal Team 6 aboard?

Aug 09, 2011 11:56am EDT  --  Report as abuse
Profmox wrote:

As an avid Obama supporter in 2008, I would have to agree that he did indeed inherit economic problems. But he’s had some time to address them and hasn’t done nearly enough. Just sitting back and waiting for Congress to come up with solutions is not leadership. Which is something we sorely need right now.

Aug 09, 2011 12:28pm EDT  --  Report as abuse
EN3 wrote:

@moonhill, you have got to be kidding. You know full well that the helicopter that bought and paid for under george bush’s presidency. How can you resort to name calling and point the finger at our president when it was clearly the fault of george w bush and the republican party for buying inferior equiptment. Again wait till President barack obama and nancy pelosi bring undisputed proof through forensic photographic evidence. That it was indeed the young george w bush in the grassy knoll. This is nothing but just a republican cover up bought and paid for by fox news and rupert murdoch…. LOL

Aug 09, 2011 12:58pm EDT  --  Report as abuse
actnow wrote:

Fair. He did inherit these problems but it’s his solutions that are in question. Socialism won’t fix our problems. When average tax payers have a combined 40% tax burden and governments are still running massive debt, something is badly wrong. That is the issue.

Aug 09, 2011 1:03pm EDT  --  Report as abuse
x_diver wrote:

Yes, he inherited the problem from those before him who created it. And prior to being President, Obama was a Senator and helped to create them problem.

Aug 09, 2011 1:16pm EDT  --  Report as abuse
ertdfg wrote:


“…I will be held accountable. I’ve got 4 years. A year from now I think people are going to see that we’re starting to make some progress but there’s going to be some pain out there. If I don’t have this done in 3 years then this is going to be a one term proposition.” – President Barack Obama Feb 2009.

So by Feb 2012 he’s going to “have this done” or he doesn’t think he deserves reelection? Or is it unfair to have the same expectations of the President that he said should be applied to him when he got the job?

Now 4 years isn’t enough and he’ll need another 4 too get anything done; even though he said 3 would be enough when he took the job?

Aug 09, 2011 1:18pm EDT  --  Report as abuse
NobleKin wrote:

The intentional missinformation stating unemployment was 5% when Obama took office is another Right Wing propagandist lie.

In January 2009 unemployment was 7.8% and rising rapidly. (Bush inhereted 4.2% from Clinton on Jan. 20, 2001…that’s a 3.6% rise)
On October 8, 2007 the stock market was at 14,093, by January 19, 2009 it was at 8,007 (all under Bush and the Bush tax cuts) and dropping like a stone.
The housing implosion was in full effect and remains a huge drag today, the financial sector was reeling and all of the issues related to the debacle are still sorting out, the wars were still in full motion and continue a tab over $4 Trillion, the expansion of government under Bush was in full effect and continues today, oil prices were still extremely high and adding cost burdens to families and businesses and the Bush tax cuts have kept America’s tax base at the lowest in modern history for eight years without result…

There has been no magic bullet to solve the housing problem, the oil price problem, the wars, the Bush tax cuts, the overall financial crisis and the Great Recession/unemployment given the limitations the Tea Party and the Repuplicons have placed on Obama since he took office.

And when one studies corporate profits of the past 2.5 years, are there any questions as to who is benefiting?

How is it then that Obama takes over under the worst economic conditions since the Great Depression and the Righ Wingers think Obama is wrong to point out the dire state of the nation and the mired politics of the past 2.5 years? Corporate profits are at all time highs!!!

And corporate dollars in the trillions are sitting on the sidelines…

The Right wants to erase or rewrite history…but the reality remains the Bush/Cheney administration took America from a state of prosperity to the edge of doom…had their policies worked, why was America in such poor shape when they left office?

And given the state of political gridlock, it is a wonder the nation has been able to tread water since Obama took office.

The debt ceiling debate from the Right was a farce, the healthcare debate from the Right was a farce, the financial sector regulation debate from the Right remains a farce, and the issue of taxation and revenue raising is a farce…and the biggest farce: the Republican’s claim that they are looking to Obama for leadership.

They don’t want to let him lead and they have done everything possible to undermine anything he has attempted…

No matter what he tries he is vilified and defied…so exactly when has Obama been given the opportunity to lead absent the relentless attack from the Right? Never.

So don’t pretend to be seeking leadership from Obama when your political intent is to destroy any possibility he can lead the nation towards recovery.

Aug 09, 2011 1:32pm EDT  --  Report as abuse
Fishtender wrote:

Put me down as one of the disappointed…

Aug 09, 2011 1:36pm EDT  --  Report as abuse
Bob9999 wrote:

#1 – The cost of going to War in Iraq to take out weapons of mass destruction that turned out to be a fiction. Put aside the permanent damage to U.S. credibility worldwide (and the harm it did to the so-called War on Terror by making other countries less willing to cooperate with it). Add the total cost of the War in Iraq to the current U.S. budget deficit, and you would have a very different picture from what we are seeing now.

Aug 09, 2011 1:56pm EDT  --  Report as abuse
PCScipio wrote:

I believe we’d all (well, most of us) agree on what the root problems are: special interest money and venal career politicians. I fear only torches and pitchforks will solve the problems.

Aug 09, 2011 2:03pm EDT  --  Report as abuse
RailBended wrote:

Who writes this guy’s speeches? No one wants to hear the President of the United States of America pass the buck with a sad sounding excuse.

sheesh.. maybe they will lower our credit rating even further because of this..

and where exactly does the $15,000 go that people paid for a picture.

Aug 09, 2011 2:04pm EDT  --  Report as abuse
NobleKin wrote:


If you support the ideologies that came with “The Buck Stops Here” you would be on the Democrat bandwagon instead of the Republican party wagon of NO and revisionism.

Revising history may suit the Republican attempt to regain the White House, but most Americans remember clearly what Bush and Cheney did to this nation and most do not want to go back.


When a President authorizes a kill mission in a country we are not at war with in order to get OBL…at great political risk, he can take some credit in the process. When a President keeps the country at war in what has been a ten year war, he can take some of the blame for losses…but your raising of this issue is utterly juvenile and is a cheap shot taken at the expense of the professionals who signed up to do the job knowing the risks…pretty disgusting.

And on that note, there is an underlying or implied belief by the Republicans that the American President is some kind of magical position capable of doing all manner of things for all manner of issues…what it sounds like you are seeking is not a president of a democracy, rather an authoritarian Right Wing dictator…perhaps Vladamir Putin as your next party leader?

Aug 09, 2011 2:06pm EDT  --  Report as abuse
Buckym wrote:

Remember his first two years in office when the economy was turning around and we were doing better? Look what happens when republicans take over congress.

Aug 09, 2011 2:24pm EDT  --  Report as abuse
USAPragmatist wrote:

@PcScipio, I too agree wit what you say 90-95% of the time. But in this case, with regards to Obama’s leadership ability/style, I disagree. If you look at a lot of his writings from his studies (not recent political speeches) you can see the beginnings of the leadership style he thinks the Constitution requires of the POTUS. IMO, this is why he has this type of leadership style. That being said, like any politician, there probably is some political aspect to it also. But I think the majority of his thinking/leadership style comes from his scholarly interpretation of the Constitution.

On a different point, I do disagree with him. I think he should be much more assertive and forceful with the Office, like Bush 2 was. I think it may be his biggest flaw.

Not that he is doing bad, but personally I wish he would have done his time in the Senate and let Hillary have her time, I think she would have done a better job, although with the intransigence of the GOP I don’t know if God himself (if existed) could do much productive.

Aug 09, 2011 2:33pm EDT  --  Report as abuse
USAPragmatist wrote:

@PcScipio, lol I had to look up venal, good word. I would agree, except there are some good career politicians. The biggest problem is our lack of a legitimate system of campaign finance donation tracking. The recent news about the Ronmey 1 Million $ donor is a perfect example.

Aug 09, 2011 2:35pm EDT  --  Report as abuse
PABarb wrote:

Whoever runs for presidency should not blame anyone – they have all added to the debt.
It is past time to stop blaming others and take care of the problem!

Aug 09, 2011 2:51pm EDT  --  Report as abuse
NobleKin wrote:


Please, can you tell us where the economy was in January 2001?
And how about where the economy was in January 2009?

Under Bush unemployment went from 4.2% in January 2001 to 7.8% in January 2009. That is a 3.6% rise in the wrong direction!!!

The stock market went from a high above 14,000 to just above 8,000 in the last 16 months of the Bush/Cheney debacle…one of the greatest slides in history.

Look at the cost of oil under Bush/Cheney…from below $30/barrel to almost $150/barrel at the high in June 2008…any coincidence with a couple of Saudi connected oil men at the helm? This alone has created past recessions and these guys saw one of the greatest spikes since the 70′s.

Look at the expenditures on Defense…more than doubled from 2001 to 2009. $366.6 Billion/2001 to $794.9 Billion/2009 without revenue to cover.

Look at the financial crisis that imploded in 2008…not enough regulation to prevent shady practices from nearly destroying the system…which led to TARP, and Stimulus bailouts and expenditures.

So make no mistake…had the economy not been in a Republicon driven tail spin, Obama would not have had to deal with the sinking ship handed to him.

Yes, it has been 2.5 years since he took office…but the task has been far greater than that of any president since FD Roosevelt.

Republican policies under Bush nearly destroyed America…and whether it was Obama or the unthinkable McCain/Palin joke, America would still be struggling to undo what Bush/Cheney set in motion.

Aug 09, 2011 2:58pm EDT  --  Report as abuse

Many in the House is under the influence, like DUI, of special interest payroll.
Obama tried number of initiatives to attract businesses and facilitate investment, but failed due to the DUI kind of influence on its members.

Aug 09, 2011 3:20pm EDT  --  Report as abuse
whitner wrote:

We know you inherited the problem. All you have done is MADE IT WORSE !

Aug 09, 2011 3:33pm EDT  --  Report as abuse

That guy can blame others for problems of his own making better than anyone I’ve ever read about. And I’m over 60 yrs. old. I look forward to voting against his interests.

Aug 09, 2011 3:48pm EDT  --  Report as abuse
RJZNYC wrote:

You would think that he could have found something better to say then “I inherited this.” Obama lacks substance and leadership. This was clearly demonstrated in the budget and debt ceiling negotiations as he spoke hollow words (without a plan to boot) and made idle threats. The man does not have the skills needed to be president and I hope the American people will see through bombastic substanceless rhetoric in 2012. Embarassingly, I will admit I did not vote in 2008. But you can be sure because of Obama I will vote in 2012.

Somebody please give us some leadership!

Aug 09, 2011 4:36pm EDT  --  Report as abuse

For all the rhetoric and outrage in these comments about Obama, rest assured most of you will run right out come Election Day and vote for him again. Let’s just be honest: America has no leadership…at all in D.C. Let’s keep the devil we know in place and just muddle along mindlessly, faces crammed to our glorious, beautiful, easy-to-use iPads and iPhones while we cruise Facebook and tweet on Twitter that we just had a bowel movement.

Aug 09, 2011 4:41pm EDT  --  Report as abuse
valwayne wrote:

Nearly 3 year into his Presidency and our Whiner in Chief is still whining about having inherited problems from the preivious administration. Obama never takes responsiblity for anything. And look at what’s happened in the last week. The first downgrade in the AAA credit rating of the USA in our entire history, not under George Bush, but nearly 3 years into Obama’s term! A Meltdown on Wallstreet that got worse after Obama gave a speech midday, and terrible terrible news from Afghanistan. Not to mention the failing economy and horrible UNEMPLOYMENT! So where was Obama on Monday? At a reelection fundraiser! I guess we know where this President’s priorities are?

Aug 09, 2011 4:55pm EDT  --  Report as abuse
NobleKin wrote:

Shocking that the zealots on the right keep screaming the upper 50% of income earners pay 100% of the taxes in America.

Oddly, however, this is a trend that has been increasing since the Reagan era…along with the growing disparity between the rich and the poor and the shrinking middle class. So no surprise really and it is only going to get worse if we continue the course…

Remember, when you lose your job, you cannot pay the bills (or taxes). That happened in massive numbers starting in 2008 and it was the catalyst for the housing implosion and the massive budget shortfalls. Those folks who lost it all are no longer middle class. Those folks who are on unemployment are not in the upper 50% and it isn’t because most of them weren’t good workers or decent Americans.

But Republicons want Americans to view the unemployed with contempt along with the social programs that keep them afloat, that keep the elderly from eating dog food, and programs that keep the elderly from care denial by corporate medicine.

America once held close to programs that enabled a better society…as in our support of the least among us, and education related to the sciences and creativity…that era has been under attack and examples like “No Child Left Behind” are what Republicans have in store for America’s future…which is not so much “the best and brightest” as “the okay and good enough” further ensuring no middle class in America…but hey, so long as we have Creationist museums and work to kill science in America…we can have ‘faith’ that our system will continue on its death spiral into oblivion.

Let us pray…

So go ahead, vote for Bachmann or Perry…according to ‘y’all’ we need a second coming of W. Bush to save us.

Uh no. Please no.

Save America, vote Democrat.

Aug 09, 2011 5:13pm EDT  --  Report as abuse
NobleKin wrote:

The idiots who continue to link the President speaking and the ticker on Wall Street should be willing to note that under Obama the stock market went from a low of 6,626 to over 12,000 all while Obama was giving speeches and press conferences over the two years of this incredible Bull run.

Obama inherited a dropping stock market that was at 8,077 the day before he took the oath of office. So the 1,400 or so drop to the bottom a few months after he took over to the Obama era peak of a few months ago is a mighty swing in the right direction…

Perhaps he should speak more often?

the downgrade was the Tea Party effect. It was about the partisan driven gridlock with Republicans failing to raise revenues to aid with the deficit gap. The Democrats gave, and then gave some more, and then were asked to give more…which would have cut spending to the point of fueling a double dip recession…

Remember all spending by the government eventually finds its way back to the ‘free market’ and the vast numbers of corporations sucking at the government teat is shocking. Cut them off and guess what happens to the economy?…but isn’t that what Republicans want? More uncertainty. More insanity. You betcha!

Sorry, but the Repubicans are to blame in this game and with under 20% of Americans approving of Congress, it’s pretty clear they get it.

You can continue to suck up the Right Wing Radio and Fox News propaganda mill…but do so knowing it is 90% BS.

Aug 09, 2011 5:37pm EDT  --  Report as abuse
EN3 wrote:

@NobelKin, Yes my friend george bush was a horrible president. If you ever read my general statements I’ve always said that george bush was a horrible president 1 of the worst.

Alright President barack obama Did not say oh no well maybe I think I can fix the problems I’m really not sure. As I said above my third post We elected superman we got jimmy olsen. We elected a warrior we got a wimp. We elected the proverbial martin luther king, we got rodney king crying saying, “why can’t we all just get along.”

This country is very much in the same shape as it was From the turn of the 19th century into the 20th century. Vast amount of the countries wealth were consolidated into a small percentage of the population. Teddy roosevelt took that on. He took on the robber barons he took on corporate america he took on the conglomerates. What he did do; bottom line, he took a lot of chances.

Barack obama is your same old washington 2 step politician. And all I have to say anymore now with his incessant crying about what he was handed. Don’t come to me with problems, come to me with solutions. Do not put the facade on that you’re going to act like supermanl. Unless you have that fanoppin red “S” Under your shirt.

He had crass certainty before he was elected that he could fix these problems. To quote him per verbatim the war arnt over by the time I take office I will make that my number 1 priority I will bring our people home I will end these wars you can take that to the bank. That statement Head certainty about it, he knew how to fix the problems and he was going to fix them real change. A warriors mentality, again we elected a warrior, we got a wimp. more than likely he will get re elected.

Aug 09, 2011 5:49pm EDT  --  Report as abuse
PCScipio wrote:

@USAPragmatist: Hillary! LOL. You and my sweetie, but she never lets me hear the end of it, even after I admitted she was probably right. I’m sure you’ll be more gracious.

Aug 09, 2011 5:56pm EDT  --  Report as abuse
EN3 wrote:

@NobleKin, Sorry about the ladies and gentleman but I have 1 more analogy.

We Elected Santino Corleone.

What we got was, Johnny Fontaine.

“Godfather, I don’t know what to do, I don’t know what to do.”


You can act like a man! What’s the matter with you? Is this how you turned out? A Hollywood finocchio that cries like a woman?

Aug 09, 2011 6:13pm EDT  --  Report as abuse
NobleKin wrote:

Really @EN3? Superman to Jimmy Olsen? Martin Luther King to Rodney King? (the second one is especially vile, but the King to King tie was a good try)

As far as the wars go I’d say his commitment to go after OBL and others who have remained combatants is a promise kept. The resolve to cross into Pakistan is evidence of this. Had the mission failed and lives been lost, the fallout would have been game ending.

Iraq is all but over and most troops are home from that economic and geopolitical debacle…and I consider this to also be a promise kept…remember when he took over how many Republican talking heads were howling about the move to take out combat troops? He held course and that chapter from a war stance is done.

Afghanistan, as you probably understand, is a complicated mess. We leave and Karzai dies…along with any hope of a West connected regime willing to negotiate and stave off a resurgence of Al Qaeda. I don’t like the fact that we’ve been there ten years and I despise the fact that no taxes were raised to support the troops and the equipment needed for the cause. The problem is what will happen when we go and that translates into a probably future where Pakistan is eventually overrun with Islamist militants seeking martyrdom with nuclear weapons. I am not a hawk by definition, but in this area we cannot afford to fall back and hope.

And when you discuss Teddy Roosevelt’s campaign to raise and uphold the necessary supports (regulations) to maintain a free and fair market in America I presume you see the parallels with the players in the Big Health Insurance game and how they’ve used politicians to game the “free market” in thier favor for decades in order to pay out huge executive salaries, pay countless minions to deny care, and pay wealthy stockholders dividends based on needless premium increases? So you surely understand why Obama did make a heroic effort to reform healthcare in America? Albeit at great compromise to the private model.

And you surely understand Obama’s big push to reform the financial industry so “too big to fail” is never again shoved down our throats so Wall Street fat cats can retain their oversized salaries and bonuses and continue to scoff (and rape) Main Street through ponzi schemes like Credit Default Swaps?

And you surely understand why Obama has asked time and time again to raise taxes on those earning above $250,000 per year…because the Bush Tax Cuts failed to cover the costs of the record expansion of government and the two wars and Medicare Part D…let alone the losses due to the Great Recession and financial meltdown?

So it isn’t for lack of leadership and trying to do what is correct to offset the major issues…but when you’ve got Republicans like these, who needs terrorists?

Aug 09, 2011 6:25pm EDT  --  Report as abuse
Sha7ron wrote:

obama thinks he inherited a mess–just give some thought to what the poor soul will inherit from him—-it will amount to something like the mess obama inherited to the third power.

Aug 09, 2011 6:35pm EDT  --  Report as abuse
NobleKin wrote:


Perhaps Obama simpy didn’t have the Bush Family corporate apparatchik sufficient to twist all of the arms needed in Washington.

With all of the deal making that went on under Bush and all of the results there is in evidence of the Republican corporate aparatchik at work for: Big Pharma (Medicare Part D), the Military Industrial Complex (all of it…Bush doubled spending on it), Big Healthcare Insurance (premiums continued upward without resistance), Big Oil (price per barrel increased 500% by the summer of 2008 and the EPA was being neutered), Big Corporations (Republicans passed legislation facilitating corporate monetary intereference in US elections)…all while lowering taxes to support the rich and screw the middle class and poor.

So effectively we saw education reach new lows, the gap widen between rich and poor as the rich gained 18% in annual income while the middle class lost…and we saw a record export of jobs to Communist China, India and Mexico all while the economy was heading to the woodchipper…the NeoCons gave us exactly what Reagan started in the 80′s…

Nice job Republicans!

So EN3 I think we elected Senator Obama to President and got a Senator for President…without a proper Republican corporate apparatchik to support him…and given that, I’d say he’s doing far better than any Republican alternative.

Aug 09, 2011 6:46pm EDT  --  Report as abuse
SquidlyMan wrote:

“Obama says he inherited economic problems” ….from himself when he voted for this economy as a Senator.

Mr. President, we’re 3 years into your term. The “blame game” is SOOOOOOOO old. My Niece and Nephew seem to thing this is ok as well. They are 3 and 5 yrs old! YOU are the president!! Take the responsibility you signed for and swore to when becoming President whether you feel it’s your fault or not! We, the People, are tired of hearing you whine about it not being your fault!

Aug 09, 2011 6:50pm EDT  --  Report as abuse
Urada wrote:

But but but the Great and Powerful Wizard of Ozbama said he could fix it! Somebody must have pulled the curtain open on him.

Aug 09, 2011 6:52pm EDT  --  Report as abuse
EN3 wrote:

king for king was not ment, the why can’t we all just get along was the analogy.

Like Actualtaxpayer and Ginchinchili You are extremist. Blinded by passion.

The dangers of the ideology of the absolute right, they are just as dangerous and beguiled as the ideology of the extreme left. Fanaticism is based on a irrational zeal not an intellectual idea’s or truths…

Aug 09, 2011 6:55pm EDT  --  Report as abuse
pvr wrote:

Now that’s a real leader. The buck stops, uh, somewhere else. Vote for me!

Aug 09, 2011 7:12pm EDT  --  Report as abuse

We’ve only the American people to blame. They refused to vette the guy. He’s the same guy that some saw in 2008 and decided he was too inexperienced and too unfit. But, by the millions, Americans decided to worship him. How are those knees feeling?

Aug 09, 2011 7:20pm EDT  --  Report as abuse
TeaPartier wrote:

Prez Zero has always been the excusist in chief. Never takes any responsibility, he is like a child in a big boys job.

Aug 09, 2011 8:21pm EDT  --  Report as abuse
YeaYea wrote:

Lets compare Obama did inherit some messed up stuff. But Bush inherited a surplus and look what he did. Bush was so bad for America, and people want to slam Obama. Compare apples to apples. Bush messed us up, we all Dems and Reps suffer for what he did.

Aug 09, 2011 8:21pm EDT  --  Report as abuse
TeaPartier wrote:

Its the corporate jets fault, or maybe the atm or the climate

Aug 09, 2011 8:24pm EDT  --  Report as abuse
Wulff wrote:

First thing he say the “Super Committee” needs to address is more revenue. Gov’t does nothing well and you can take that both ways. They lose money running the mail where they enjoy a monopoly. We can’t even win wars anymore. The genius of America is the enabling of the individual to succeed regardless of race, creed, color, etc. based on personal initiative, ideas, and hard work. Get out of the way and America will be fine. Obama is in the way. Things will not be fine until he is replaced or gets out of the way himself. The president of the USA should be a cheerleader or a team leader. Obama is a pot hole in the road to success and prosperity.

Aug 09, 2011 8:57pm EDT  --  Report as abuse
Clearview wrote:

How long does Obama think he can blame his economy on Bush? His policies have failed to help Americans find work. He’s proved to be the liberal’s President…not the American’s president.

Aug 09, 2011 12:18am EDT  --  Report as abuse
jrj90620 wrote:

He’s right,this country has been in decline for over 40 years.The problem is that it is beliefs in omnipotent govt,such as Obama’s,that have gotten us to this point.So,he is not the person with the answers we need.If we are going to turn this country around,we would need someone with more knowledge of economics and with wisdom,like Ron Paul,not a great speaker,with little experience or wisdom,like Obama.

Aug 10, 2011 3:08am EDT  --  Report as abuse
renn wrote:

…Oh…to to all those who NOW want accountability, low spending, responsible government, open meetings….right…I thought you liked the republican ways of dong things, right? Unfunded wars? Right…guess the tab must have reached the table!

Aug 10, 2011 10:55am EDT  --  Report as abuse
jmmx wrote:

Welcome to the Great Republican Recession. It took them 12 years to create it. Did you really think it would be over in 2 or 3?


Aug 10, 2011 11:13am EDT  --  Report as abuse
jmmx wrote:

Solve the deficit problem:

Let all who voted for GW Bush pay off the $2 Trillion Iraq invasion.

Aug 10, 2011 11:15am EDT  --  Report as abuse
NobleKin wrote:


Passionate yes, but I’ve been advocating a business tax cut to 21-28% for a while. Also feel strongly about Afghanistan/Pakistan/Iran in terms of vigilence and exercising what ever means to prevent another 9/11 or worse, and reduced spending in all sectors. And I get angy with the garbage and failure by most to recognize the full picture and how we got here.

By the numbers, strickly comparing where we were pre Bush and where we are post Bush up to today, Obama’s relative role in our economic mess is fractional, but bloated by the need for Stimulus spending. Absent Stimulus, what has Obama authorized that has created taxes or any unnecessary regulation? And where would we be without Stimulus? Look at the job trend to understand…

Partisan defense of Bush and the “wishing” it were not so and working feverishly to assign the blame on the Democrats is all you see on the Right…that and blaming the poor, the unions, regulators and asking for more tax breaks for the rich.

In fact, the policies of the first six years of Bush and their aftermath were blamed on Democrats taking over the House and Senate BEFORE they had enacted any meaningful legislation…which Bush later signed by the way.

The same is true of the Right Wing Radio machine the day after Obama took office…one comment was: “well you wanted it, so now you own it.” as in on day two all of what has happened up to this day is your fault…and in the succeeding days as the stock market was continuing its fall, the Right Wing Radiosphere was lit up with blaming Obama for it. Absurd! But they are at it again…even today…utterly absurd.

But that has been their game…and the problem is they knew full well the dire state of the economy, but they needed to shift the heat away from the Republican failures and assign it to Obama…

Add in the Death Panel Tea Party folks, the Birthers, and the Republicans who voted countless times to raise the Debt Ceiling for Bush but held the country hostage under Obama, and it becomes clear what the Right is about: Party First, America second.

Otherwise the debt ceiling is a non issue, and JOBS becomes the only focus. Yet Congress is on summer holiday…that is how serious they take it…

And there isn’t a Republican on the planet who would be doing any better than Obama at the moment if faced with the same level of partisan opposition.

The global game is far bigger than the Republican games being played in America. I think Obama gets this, but when you have over 30% of all Americans vehemently hating the president because he is “Liberal” or black or a Democrat, and another 18 to 25% opposing the president because they are wealthy and don’t want to go back and pay taxes at the rate of 9 years ago (no matter the cause), you have somewhere between half and slightly more than half the nation fighting against everything the President does.

A house divided will not stand.

Take a look at the tax tables of the past 60 years. Americans are paying the lowest taxes as a percentage of GDP in modern history!!! We’ve had wars and military spending in excess of $4 Trillion in 10 years without revenue to pay for it.

And the Reaganomic theory has had over eight years to prove itself. Obama has not raised taxes.

But every Republican has been fighting tooth and nail to prevent raising revenue on Americans who were paying the higher rate under Clinton, HW Bush and Reagan… Reagan himself raised taxes on these same folks.

So yes, the problem is the current stock of Republicans who fail to see the big picture and fail to act in favor of America’s long term interests.

And for those folks who look at Social Security and Medicare as the goats…keep in mind the revenue shortfalls are due to America’s decline in workers…due in part to the outsourcing so profitable to US companies that continue to export jobs and move their headqarters to countries that do not help defend the world and their economic interests.

Additionally, through this Great Recession, corporate profits have continued to be exceptional…and they are holding on to Trillions of dollars…proving Trickle Down is a farce.

But go ahead. Call me a fringe Left winger if it suits your emotional state, and continute to support Republicans and thier ‘pro business’ policies…but remember, the last ten years did not happen because of Obama, he’s just the one holding the proverbial bag.

Aug 10, 2011 12:32pm EDT  --  Report as abuse
NobleKin wrote:

Add this to your research pile:


Take a look at the National Debt to GDP ratio (by POTUS) and tell me what you see…

Republicans no-tax-and-spend policies seem to jump off the charts…

Starting with Reagan then HW Bush, then dropping under Clinton then skyrocketing under W. Obama’s at the tail end but again, given the catastrophy and necessary Stimulus…what would you expect?

Aug 10, 2011 1:29pm EDT  --  Report as abuse

NobleKin,Thanks. Thank you for speaking the truth. Thank you for not losing you cool and backing down under fire. Thank you for supporting our President, no doubt a politician. but who like you I believe to be a true USA patriot. Thank you for defending the “real” American Agenda of citizens who voted for Obama because he was the only candidate who inspired any HOPE of bringing back some of those “true” American values. Thank you for producing the facts to back up what you believe in. Thank you for leaving hate, envy, greed, racism and other negative energy out of your posts. Thank for remaining rational, a quality missing in almost all the comments I’ve read thus far. Thank you for your courage to stand strong in spite of being part of a decreasing minority that still knows how to read between the lines and refuses to be “spoon fed”. Thank you for being “liberal” (unfortunately another diminishing minority) enough to understand that the middle ground is the only sensible place to stand. Thank you for using some of your time to voice your opinions so others who think similar to you do not lose “faith” in this sea of darkness. Thank you for being one of those individuals who knows deep in their hearts that not everyone in American wants to become a billionaire by walking on the backs of the weak and fallen. Thank you for your good use of the English language (there are far too many making really obscene grammar and spelling mistakes). Thank you, thank you, thank you. Please do not abandon us and please send all of your posts to President Obama who could use a refresher course on how to present and debate the “issues”.

Aug 10, 2011 2:23pm EDT  --  Report as abuse
akcoyote08 wrote:

Where are all of BO’s defenders?

Aug 10, 2011 5:02pm EDT  --  Report as abuse
JoeDietz wrote:

I cannot believe all of these inheritances were hidden from him while he was running for president! Why didn’t anyone warn him? Those folks that hid all that secret information must just be a bunch of racists! That’s the only conclusion one can draw!

Aug 10, 2011 5:07pm EDT  --  Report as abuse
YukonC wrote:

My gosh! How convenient! Every president inherits the problems of previous administrations. Please, anyone, can we find a leader somewhere? We need someone who can lead us out of this mess, with real ideas and a vision for a better future that can be communicated effectively to the public. HElp…

Aug 10, 2011 6:36pm EDT  --  Report as abuse
chutzpah0410 wrote:

It is true that Obama inherited Bush’s economic catastrophe. It is also the case that Obama’s actions (and inactions) have perpetuated and exacerbated the economic crisis facing the U.S. He has kowtowed to the very wealthy by extending the Bush tax cuts. He has sacrificed worker security by freezing federal wages. He has enhanced the crazy Republican actions by failing to draw a line in the sand and stick to it. By stating he would accept no deal without revenue enhancements and then accepting such a deal, he has shown that he has no spine whatsoever. Obama gave good speeches prior to his election. He made no substantive legislative contributions. I, for one, regret the foolishness in supporting Obama, something I will not repeat in 2012.

Aug 10, 2011 6:43pm EDT  --  Report as abuse
NobleKin wrote:


Thank you for your encouraging words…if everyone did their homework, we might all be equipped to understand why we must never fail reason.

The problem is there are more sheep and parrots than persons of reason and independent thought…And one need not look much further than this simple and sad truth in understanding why America struggles today.

It is not too much to ask all Americans to reach beyond their comfort zone and work to understand all sides in order to sort fact from conjecture or willful distortion…and pursue sanity rather than joining the partisan and reactionary mob.

We ask our soldiers to pledge alliegence to America, not to Democrats or Republicans…

When they fight and die, they do not defend only the rich or most capable among us, or our corporate interests (though each of those are the ones who benefit most), they defend all of us…and more often than not, those sacrificing on the battlefield come from the poorest families and neighborhoods in America…and they often return no better off than before they put on the uniform…amazing irony.

Yet we witness US corporations moving their “Headquarters” to offshore locations in order to dodge paying US taxes. We see US companies “outsourcing” manufacturing and services to Communist China, India and Mexico at a record rate. And we see US companies sitting on the economic sidelines hedging their bets with Trillions of dollars in profits…with no Trickle Down in sight.

And Obama is the problem?

Aug 10, 2011 8:06pm EDT  --  Report as abuse
alaczam wrote:

As non US (Australian) observer it seems to me that the debt problem in the US has been a long time in the making – early 2000′s. I recall that when Pres. Clinton left office there was a surplus. The current problem isnt all of the US making as the world has expected to be the global policeman at a huge cost to US taxpayers. Clearly no one nation can carry this financial burden.
The collapse of US derivatives market and the subsequent failure of major Investment Banks have put the US Govt / taxpayers in a position where they were forced to provide a financial safety net to stop the collapse of many more US banks and potentially the economy.The blame can be spread widely and how it happened and how it should be prevented from happening again will be the subject of much debate but that wont fix it. What we all need to do is live within our means and not expect something for nothing and this transition won’t happen without pain.

Aug 10, 2011 11:17pm EDT  --  Report as abuse

And the dog ate my homework.

Time for him to go back to the community agitation gig in Chicago.

Aug 11, 2011 1:00am EDT  --  Report as abuse
nieldevi wrote:

Reagan was just a Nixon puppet. It was Richard Nixon who sold off the American industry to China and hid out for years creating clones of himself like Dick Cheney who practice manipulating the American system for their personal agendas. Prove me wrong.

Aug 11, 2011 1:16am EDT  --  Report as abuse
PPlainTTruth wrote:

Yeah, you’ve inherited your own inadequacies and failure to learn the basics about economics all those year in school, in college, or in law school. All you did, was to organize people to complain about their plights, and dream that the economy will miraculously take care of itself. You are the worst President to handle an economic crisis because you are merely repeating many ideas, terms, scapegoating concepts from various economics professors without ever understanding you yourself are repeating. And it shows, for those who understands the least basics of economic theory. Worse: none of these economic professors ever ran a city, state, let alone a country. Yeah, maybe a bank, that’s why they only know how to save banks — like Geithner. And you understand economics even less than Geithner.

Obama wanted Geithner to stay because Geithner himself isn’t a hardcore intellectual economist who routinely talks over Obama’s head. When Geithner doesn’t understand anything, he talks ridiculously but acts as if he knows what he’s talking about. That’s the level of economics Obama can understand. That’s why Obama wanted Geithner to stay.

Aug 11, 2011 2:12am EDT  --  Report as abuse

There is only ONE Republican candidate who can save us,
from hearing these lame excuses, that threaten to push America further off the cliff. And that’s HUNTSMAN.

Ex-Florida Governor Jeb Bush just endorsed him today, calling him

I’m not a fan of any of the Bushes, by any remote measurement.

Yet, I have to agree with Jeb that,
among all the candidates right now,
Jon Huntsman does hold the best chance of beating Obama in 2012.

Imagine what can Obama criticize about Huntsman in a Presidential debate:
that he has a very successful 2 term governor experience?
that he has excellent business experience?
that he stood up to human rights abuses in China when Obama was a wimp?
that he quit his job as an ambassador appointed by him?

I have read that Jon Huntsman is the Republican candidate whom the Democrats fear the most.

I have to say yes, by common sense and logic, despite the temporary fact that he’s at the bottom of the Republican polls. And the latter is because the Tea baggers do a good job sabotaging him, for the real reason of him being too sensible, and not an extreme nut like they all are.

Aug 11, 2011 2:23am EDT  --  Report as abuse
jo5319 wrote:

If we love our country, and want to save it,
then we should register to vote in the Republican Primary,
and cast a vote for HUNTSMAN, the guy the extreme right shun, but can easily beat Obama, even in California?

Aug 11, 2011 2:30am EDT  --  Report as abuse
Janeallen wrote:

I’m SOOOOOOOOO SICK of these excuses.

Guys and Gals: REGISTER to vote in the REPUBLICAN PRIMARY,

so that there’ll be a centrist Republican candidate who can beat Obama in 2012.

Aug 11, 2011 2:34am EDT  --  Report as abuse
AntoniusBlock wrote:

Lame. Any CEO hired to lead a turnaround complaining about his predecessor 30 months in while failing to deliver results would be fired.

Aug 11, 2011 9:17am EDT  --  Report as abuse
USAPragmatist wrote:

@CommonSensLogic, I agree with you about Huntsman, I have always said he has the best chance of all the GOP crop to beat Obama in a general election. I am assuming you are an ‘old school’ reasonable GOP guy, and you are not going to be able to have a guy like Huntsman as your candidate, just because he is reasonable. Because your leadership has sold out to the tea-party for one win in a mid-term, they are going to lose their EASY opportunity to make Obama that one-term president they so want.

Aug 11, 2011 9:58am EDT  --  Report as abuse
JamVee wrote:

So what else is new? Every new president inherits some bad things from the last administration. I agree this one was a “doosey” but be reminded that G.W. Bush inherited the “dot.com bubble” crash from Bill Clinton, but I don’t remember him crying about it 3 years into his term.

Aug 11, 2011 11:03am EDT  --  Report as abuse
USAPragmatist wrote:

JamVee, the repercussions from the dot.com crash where MUCH smaller and more or less over before Bush even took office. That is another GOP false equivalency. One of the reasons the dot.com crash did not cause as much trouble was there had not been 8 yrs of a ‘hand off’ SEC. Plus it was not nearly as systematic as the Financial crash of 2007-8.

Aug 11, 2011 11:19am EDT  --  Report as abuse
SeattleBob wrote:

It seems that the republicans don’t want anyone to know who got us into this mess. When the issue is brought up all you hear is how it’s Obama’s responsibility to miraculusly get us out of a situation that the republicans took eight plus years to create. They spent those eight years running up the defecit and giving the rich cronies tax breaks while screwing the rest of the country. It pay back time alright…increase the Taxes on those who can best aford it. (They don’t create jobs with the money) get rid of all of the tax loop holds only the rich can take advantage of. and get the country back on track.

Aug 11, 2011 6:33pm EDT  --  Report as abuse
xit007 wrote:

How do you expect a community organizer to manage anything else but a crowd. I had hope and am glad we are over the race thing for president ..but we need a major correction in Washington – this is no longer a battle of idealogies – we have corruption in all branches and houses. They are wheeling and dealing with industry, PACS, Labor, and every other social organization who will send them money to make things go their way. Can anyone withstand the allure of Washington power and do the right thing…I guess we are waiting for Captain America….where is he?

Aug 11, 2011 7:50pm EDT  --  Report as abuse
Brian57 wrote:

Obama inherited a 5.7 unemployment and money in the bank. And by the way there was a Democratic Controlled Congress under Pelozi! Listed below is a person who is in tremendous Denial! Get a life people.
Wake up and stop accepting communisim for our future.

“USAPragmatist wrote:
JamVee, the repercussions from the dot.com crash where MUCH smaller and more or less over before Bush even took office. That is another GOP false equivalency. One of the reasons the dot.com crash did not cause as much trouble was there had not been 8 yrs of a ‘hand off’ SEC. Plus it was not nearly as systematic as the Financial crash of 2007-8.”

Aug 12, 2011 1:10am EDT  --  Report as abuse
WillShirley wrote:

I notice a lot of organized talking points here. Looks like the far right have moved in. Could anyone explain how a President is supposed to force the (Republican) CEO’s to bring their factories back to America when their stated purpose is to ruin the economy to make him a one term President? he is not in control of the economy. The Constitution gives control over the money to the Congress, which is now under the control of right wing extremists who hate having a black man in the White House so much they practically spit when they say his name. Pretty much all the arguments against him won’t hold water. The office of President is one branch of three and he cannot force Congress to balance the budget or give up all the perks handed out to Big Business. Since the Corporationists have arranged for corporations to have more rights than humans and the right to buy an election, how the heck can any one man make anything change? I don’t like his style of governing in this climate, he buckles at every turn, but he is acting more like a President under Constitutional restrictions than Bush ever did, and that’s okay if you are a Constitutional lawyer, but we needed an activist, a Progressive and we got a good old boy who goes along to get along. That easy crumpling may be part of what feeds the fury against him in addition to being the “wrong” color. It’s more fun to beat up a man who fights back. I strongly suspect that his actions have more to do with keeping his daughters safe from white supremacist than any philosophy he has. Those little girls are surrounded by body guards with big guns and they are surrounded by right-wing fanatics who love to carry guns. It wouldn’t take but a minute to hurt those kids and Obama knows that. I guess if i were a father in that situation I would take off my hat and say “Yassuh when spoken to. It’s sad that a president has to do that, but anyone who has watched the history of the USA for the last 50 years knows full well that we are a racist society only grudgingly allowing them to vote and marry outside their race. We have a bevy of Republican politicians just dying to get into the White House and abolish civil rights, the EPA, Medicare, anything which helps the poor, and those are just the ones who clean up nice for the press. The real SOBs are waiting in the crowd for their moment of glory. I understand Obama, I just think he should be the principal of a troubled school rather than the Commander in Chief of a country at war with 4 foreign powers as well as half the population. He’s not up for it. I think it was planned that way.

Aug 12, 2011 10:24am EDT  --  Report as abuse
WillShirley wrote:

If I am mugged and I identify the mugger in a police line, am I playing the “blame game”? If a group of people have shipped their businesses to other countries and the economy tanks from lack of employment, how exactly would a President stop them from running their businesses in such a way as to triple their profits? I don’t see in the Constitution anything such a man, Republican, Progressive, Whig or Democrat could legally do to stop the companies from maximizing their corporate profits. When money does not win elections, but does influence policies, all you have to do is bet on all the horses in the race, like most corporations do. Both the major political mobs are the same, essentially, except that the so-called Democrats are less effective at fixing elections. When you examine the facts, the numbers, the money trail, it is obvious that the (white) Republicans hate the (black) President not for his policies, which are merely an extension of the Cheney policies, but what differences there are between Bush/Cheney and Obama. So far all I see which really has changed is that Obama’s kids don’t like to get drunk at parties and his family all have darker skin than the previous Presidents. As I recall American history we have a habit of trashing blacks, even stringing them up and setting fire to the body after castrating it. I bet Obama has heard of such things while growing up and I bet such images play in how he acts toward our mostly racist Congress. It’s not an excuse, mind you, but I bet if you were a black living in America you would know what I mean. But above and beyond all that, history shows us that empires collapse under the weight of their hubris and it is pretty clear America is nearing the end of the run. We are bankrupt economically and morally. We kill women and children pretty much every single day for the crime of being near somebody we think is a “terrorist”. Trouble is the definition of “terrorist” also fits Cheney, Bush, and now Obama. Killing civilians to affect a political change is called terrorism. It’s what we do. It’s what we must stop if we are to preserve America as a nation among equals and not a pariah.

Aug 12, 2011 10:39am EDT  --  Report as abuse
USAPragmatist wrote:

@Brain57….LOL@Money in the bank, and I am the one in denial. I guess over a Trillion dollar deficit and close to 10 Trillion in debt with 2 unfunded wars to pay for is having ‘money in the bank’. So please explain to me how I am in denial for saying that the dot-com crash was not nearly as bad as the financial crash of 2007-8? I explained how you are in denial, let us see if you can explain why I am?

Aug 12, 2011 10:53am EDT  --  Report as abuse

It’s obvious that Obama knows squat about economics.

That’s fine, as a President, if he picks the right people to manage the economic policies, or at least LEARN to pick the right people to do so.

He didn’t pick the right people, and is in denial.
I can’t bring myself to vote for a Teabagger Repub candidate, but
can we afford 4 more years of such denial under Obama.

Bill Clinton, a fellow Democrat who had helped Obama explain economic policies before, turned to Newsweek to tell his ideas of growing jobs (see Felix Salmon’s post on Reuters’s analysis).
Why didn’t Obama ask Clinton for some ideas? They’re both Democrats.
Bill managed to turn deficits into surplus during his terms.
Hilary has promised not to run the next turn.
There’s no excuse for Obama.

Obama’s denial is the biggest threat to our economy. He’s the one at the helm, and performing no different than someone sleeping at his job.

Aug 12, 2011 5:51pm EDT  --  Report as abuse
mozelle58 wrote:

I don’t recall chasing him down and shoving the job down his throat. He’s too far left, too self-absorbed, and way out of his depth — the Peter Principle personified.

Aug 12, 2011 6:02pm EDT  --  Report as abuse
Janeallen wrote:

If Hilary were running, I would vote for her in 2012. She and Bill recommended a moratorium of 3 months in Jan 2009. Obama didn’t even consider it. Unlike what Obama represents himself to be, he is not somebody who puts the country first, and personal sentiments and potential rivalries second.

Since there is no chance that Hilary is running, I’d would vote for Huntsman over Obama without any second thought. He’s got business experience, real governing experience and foreign policy experience. And he knows China and Asia and international trade and competition.

Mitt Romney against Obama, I’m not decided. Some of Romney’s stances bother me, like his counter-demonstration against protestors about Vietnam, and flat refusal to consider the real life problems created by gays and lesbians in the conundrums of their legal statuses.

So for WillShirley to blindly lump anybody as right, when we just want a responsible President — you are the enemy of our country.

Had we had the choice to go back into the past, like in a science fiction, I would have been glad to replace G.W. with Obama, to avoid the Iraq war. However, we can’t.

The Al Qaeda threat is in the past. The Arab youths are busy in their Arab spring. They have their hands full, and have little time, or incentive to plant something like a 9-11 ploy. Yes, Obama killed Bin Laden. Great! Excellent! History will give him fair credit.

I opposed the war and wrote to my congressman before they voted on whether to invade Iraq also. However, I don’t try to keep harvesting personal career benefits from it, after it’s become history and is no longer the main problem – like Obama is shamelessly doing.

Our country is in an economic crisis that arose from political problems. And it’s obvious that Obama has miserably failed in dealing with it, and is in denial.

If Obama had faced the music, and shown an inkling of what he has learnt from his economic decision failures, I would be glad to give him a chance, but his denial poses a huge danger to America as a country, to the American dream and future of our youths.

So WillShirley: hold your biases, and stop us from saving our country from a dysfunctional President in denial. We live in 2011, not 2001 when 9-11 had just happened, nor when Iraq had just happened.

Obama is killing our economy. If he wakes up, starts taking responsibility before 2012, I’ll give him consideraton. However, if he starts talking like you, and as long as there are too many like you enabling him to be dysfunctional, he is likely to remain dysfunctional economically for 4 more years. As long as that happens, I won’t vote for him. At worst, I might sit out the election, if there are 2 unelectable candidates.

Aug 12, 2011 6:20pm EDT  --  Report as abuse
Janeallen wrote:

PS: by moratorum, I was referring to a 3-month moratorium on foreclosures suggested by the Clintons. In hindsight, almost everyone agrees that it would have take the thunder out of the ridiculous onslaught of foreclosures.


Aug 12, 2011 6:37pm EDT  --  Report as abuse

One can still register to vote in the Republican primary.

If Obama does not shape up, or performs even worse, AND
an extreme nut gets on the Republican ballot,
not acting now means one will be TRAPPED WITH
It will be too late then.

On the other hand, if Obama starts shaping up,
any voter, regardless of the party affiliation on paper,
can still vote for him.

Aug 12, 2011 7:50pm EDT  --  Report as abuse
joallen789 wrote:


The total American wealth CONTRACTED underneath you. That NEVER HAPPENED in the last few Presidents. Deficits yes, but NOT that.

For every foreclosure, much of the wealth, from personal belongings, to roots, to the peace of mind to look for another job, were robbed.

You could have stopped it, but you CHOSE to let it happen, and NEVER cared. All you ever did, was described American grievances, as if that was sufficient acquit you of your guilt.

Aug 12, 2011 9:29pm EDT  --  Report as abuse
PPlainTTruth wrote:

The plain truth is:

Our country has never elected somebody who has

never run a corporation, city, state, university or army,
never sponsored and passed any legislation,
never shown any ideas about the economy, jobs or trade.

We elected someone who would be glaringly unqualified
but for the desire for us to fulfill the dream of a young boy, Barry Obama, to overcome racial boundaries, to become President.

Well, you achieved your dream by destroying the hope of many young Americans of ever having the same opportunity for one.

It’s time for the rest of America to have their dreams back.

Aug 12, 2011 9:40pm EDT  --  Report as abuse
CaptPhil wrote:

Interesting that leadership during his inherited financial crisis is absent from his remarks. It is always somebody elses problem. He not only has a history of failed solutons, but has in fact, made the problem worse and as his administration continues to spend, to raise the debt ceiling and ignore fundemental economic reality, we move ever closer to the precipice on insolvency. I believe he has sewn the seeds of economic collapse and in doing so has destroyed tthe Democratic Party for decades.

Aug 12, 2011 12:11am EDT  --  Report as abuse
Affirmative wrote:

Yes, please stop picking one Americas first Affirmative Action President. The prior rich kid and his draft dogers during Vietnam did leave him a very large debt to deal with.

Sadly, all Affirmative Action schoooled persons never had to earn their grades nor study to get a degree in America. America has become much the same as a rudderless ship in high seas, we are drifting onto the sand bar with no rescue boats onboard.

The captain and crew have already departed and we, this ship, are slowly sinking.

Aug 12, 2011 12:58am EDT  --  Report as abuse
rrm wrote:

Hey, I don’t intend to forget anything. I hope you all remember what your house and IRA were valued at. I hope you remember what the cost of energy was before we decided to send all our dollars overseas. Send your dollars and then send your jobs. Want those trillions back? And don’t forget those housing initiatives, want those trillions back? How about those subprime loans for autos? Want your neighborhoods back? Want your health care back at a reasonable cost? Did Obama do this alone? That’s what parties are for, so the looting can be organized, efficient, and legal. Then we get hey, we need more of your money, you need to pay more taxes, you need to do your fair share. My family was always dems, no more, never.

Aug 13, 2011 8:06am EDT  --  Report as abuse
Janeallen wrote:

What our country need to break the corrupt, dysfunctional partisan politics is:
RANK CHOICE VOTING for the Presidency, Congress, and Senate.

Everyone can cast a vote for any party, and candidate, and can
rank their first, second and third choice.

That would eliminate many ugly, behind the scene power play of fat cats in Washington, corrupt delegates that bicker and barter more for their own power and interest rather than for the voters.

No more, “unless you play the game with the old guard, you’ll be out of money or air-time” limit to competent, qualified, experienced candidates who have enough integrity to refuse ugly games that hurt our country.

Aug 13, 2011 12:30pm EDT  --  Report as abuse

Even if a popular candidate is not out of money, air-time, or support,
the Washington type old guard in the 2 parties strangle them by excluding them from debates, unless they join the ridiculous hoop, hoolar and political steeple chase primaries.

The main function is to eliminate anyone who might threaten the power and control of the old-timers who had brought us to this point.

RANK CHOICE VOTING, now we’re talking.

Besides, by eliminating the primaries, billions, no kidding, billions will be saved. And the money can be used in constructive investment that will fuel future growth, longterm competitiveness, and savings that don’t lead to cutting jobs.

TO WASHINGTON: that’s what we should cut — all the money from both parties, donated to both parties to run the primaries. Give them back to the United States of America, including donations to Barry Obama.

Aug 13, 2011 12:57pm EDT  --  Report as abuse
PPlainTTruth wrote:

If we had had rank choice voting, GW wouldn’t have been President, and no Iraq war would have happened.
And frankly, we wouldn’t have elected such an extremely “under-experienced” president like Obama out of frustration and dismay. And we would not have a downgrade under Obama’s failure to work with Congress and with a significant minority of our suffering and disgruntled population.

Under the rank choice system, Ralph Nader’s voters (which constituted a few percent of all the votes) would all have ranked Al Gore second. Al Gore, instead of G.W. would have been President.

The whole world would have been a better place.

Aug 13, 2011 1:34pm EDT  --  Report as abuse
Janeallen wrote:

Our country would have been much better off under Hilary Clinton.
Obama just plays the game better, but I don’t want somebody who just excels at uppermanship, blame-game, or any game.

It’s supposed to be a democratic system, but we cannot even cast a ballot on a candidate who is not an expert on nothing by gamemanship.

Aug 13, 2011 2:07pm EDT  --  Report as abuse
jo5319 wrote:

When Obama was running,
he said he would heed the best ideas,
like Lincoln listened to his political enemies.

As it turned out, he is no Lincoln.
It’s pretty obvious that Hilary, as Sec. of State, was sidestepped all the time.
Richard Holbrooke was sent more or less to sidestep Hilary, until Richard died.

Then, after the Bin Laden operation, it was obvious that Obama made sure Hilary could not get any credit at all, even though she was Secretary of State.

Obama did not fool me. He placed his own political career and agenda (and accordingly, his historical reputation) over the interest of Our country. Yet, he kept screaming that the political parties are bickering rather than putting the country first.

Isn’t it just hypocrisy better disguised than others?

Aug 13, 2011 2:24pm EDT  --  Report as abuse
LibelFreeZone wrote:

Of course you inherited problems, you dolt. All presidents inherit problems. This is 2011, not 1776. You spent an entire year on Obamacare, only to see it challenged in the higher court as unconstitutional. What a waste of time and effort. You’re clearly in over your head, Mr. President.

As to dw1206 who wrote: “We did not get so deep in debt overnight…” Yes, we did. The debt was $8 million when Mr. Know-It-All took office. It’s now $14.7 trillion–a near doubling in debt in just over two years. Facts is facts.

Aug 13, 2011 4:36pm EDT  --  Report as abuse
jjoke wrote:

So Obama is saying that an extinct animal ate his flash drive,
which contains his economic revival ideas? And he can’t remember them for the moment, and asks us to be patient.

Aug 13, 2011 6:04pm EDT  --  Report as abuse
Ick333 wrote:

I bet Ron Paul could fix this!

Aug 13, 2011 8:45pm EDT  --  Report as abuse
BakoD wrote:

Boy the name calling from the republicans is in full swing. You have no argument. The responsibility for our problems is due to failed republican leadership. 9 trillion in debt and 8 million unemployed. That’s the republican way. Obama will win in 2012. Get used to it. Together we will fix the problems all you whiners are fighting not to fix.

Aug 13, 2011 11:29pm EDT  --  Report as abuse
jo5319 wrote:


Are you illiterate? in general words, or in political affiliations?

You are labeling Hilary supporters as Republicans?!!!
That’s illogical name calling, I’d say!

Aug 13, 2011 11:47pm EDT  --  Report as abuse
Janeallen wrote:


You don’t recognize voter’s remorse, from feeling cheated by Obama in 2008?

I won’t be cheated by Obama again in 2012! At worst, I’ll sit out the election.

Aug 13, 2011 11:52pm EDT  --  Report as abuse
PPlainTTruth wrote:


Not that I’m a Ron Paul supporter by any remote stretch,

The truth is:

Ron Paul ran as a Liberterian for many years.

When Bush was president, Ron Paul was not in Bush’s Republican party.

So, to name call folks Republicans, then to make accusations about “name calling” … perhaps nobody should be proud of being supported by something who writes like you ! No offense.
Just the truth.

Aug 13, 2011 12:12am EDT  --  Report as abuse

Aug 08, 2011 8:22pm EDT — Report as abuse
Indie2012 wrote:
Also inherited – a 5% unemployment rate and a AAA credit rating.

Aug 08, 2011 8:24pm EDT — Report as abuse
5% unemployment rate in what country I believe if you check your facts you will this country has had an “effective” unemployment rate of over 9% for every bit of the past four years probably closer to five years the triple AAA credit rating was trashed pretty much single handedly by the “tea party” idiots last month, and while you are correct in the fact that Obama has done little or nothing to alleviate the employment problem he did not inherit 5% unemployment or an actual triple AAA credit rating, the fact is this triple AAA credit rating should have been gone several years ago it would not surprise me to see Moody’s or S&P on the GOP payroll somewhere

Aug 14, 2011 12:23pm EDT  --  Report as abuse

LibelFreeZone wrote:
Of course you inherited problems, you dolt. All presidents inherit problems. This is 2011, not 1776. You spent an entire year on Obamacare, only to see it challenged in the higher court as unconstitutional. What a waste of time and effort. You’re clearly in over your head, Mr. President.

As to dw1206 who wrote: “We did not get so deep in debt overnight…” Yes, we did. The debt was $8 million when Mr. Know-It-All took office. It’s now $14.7 trillion–a near doubling in debt in just over two years. Facts is facts.

Aug 13, 2011 4:36pm EDT — Report as abuse
did you go to the George Bush school of mathematics when was the national debt EVER 8 million dollars and double that amount is only 16 million NOT 14.7 TRILLION, talk about Mr. Know It All….

Aug 14, 2011 12:34pm EDT  --  Report as abuse
mayIseeyourID wrote:

Obama is a liar. Obama voted to create this problem while in Congress. Obama intentionally added to the problem once he became President. All blame is his to own.

Aug 14, 2011 1:26pm EDT  --  Report as abuse
USAPragmatist wrote:

@janeallen… to quote you “You don’t recognize voter’s remorse, from feeling cheated by Obama in 2008?

I won’t be cheated by Obama again in 2012! At worst, I’ll sit out the election.”

I am assuming you did vote for Obama in 2008. By thinking you have been cheated by Obama, you are letting the GOP win. There goal has been to de-legitimize EVERYTHING this president does, so noting gets done. This causing people to think Obama let them down because he ran on a platform of change. I agree that Obama should have been more forceful in his argument, but in his opinion he is compromising for the sake of the American economy and therefore all Americans. I disagree with this, but I can understand where he coming from. But to feel ‘cheated’ by him is letting the GOP win with their immature/intransigent philosophies.

Aug 14, 2011 3:10pm EDT  --  Report as abuse
Buckinwv wrote:

He wasn’t drafted so he didn’t inherit he chose to accept the challenge and is supposed to lead. Leading doesn’t mean making excuses.

Aug 14, 2011 4:48pm EDT  --  Report as abuse
USAPragmatist wrote:

@Buckinwv… determining and learning from why things are messed up is MUCH different then making excuses. The problem is with the GOP intransigence we are having trouble making fixes from what we have learned why things got messed up.

Aug 14, 2011 5:49pm EDT  --  Report as abuse
supak wrote:

Not surprised to see all the Republican liars in here…

In the first quarter of 2009, the BEA said the economy contracted 0.5 percent in the third quarter of 2008 and 3.8 percent in the fourth. Now we know that it plunged 3.7 percent and 8.9 percent. So, it was much worse than anyone thought or designed stimulus for. However, what little we did turned us from -8.9 to positive territory. That’s a huge turnaround.

Unemployment, a lagging indicator, was much worse when Obama took office than any Bush lover in here will admit.

“Output in the third and fourth quarters fell by 3.7% and 8.9%, respectively, not at 0.5% and 3.8% as believed at the time. Employment was also falling much faster than estimated. Some 820,000 jobs were lost in January, rather than the 598,000 then reported. In the three months prior to the passage of stimulus, the economy cut loose 2.2m workers, not 1.8m. In January, total employment was already 1m workers below the level shown in the official data.”


Aug 14, 2011 6:00pm EDT  --  Report as abuse
richinnc wrote:

Yes he may have stepped into a mess – but he wanted the job. But I am not sure that he has figured out that you cannot spend your way out of a spending problem. I believe that many of us are disappointed with the lack of leadership from both party’s. Maybe that is part of the problem they think we send them to Washington DC to party and fiddle while the times are hot. I think it is time to light a fire under them and make them work at leading.

Aug 14, 2011 9:25pm EDT  --  Report as abuse
Janeallen wrote:

I will vote for the person I deem most competent to lead our country, regardless of party affiliation. I’ve always done that.

Aug 14, 2011 12:44am EDT  --  Report as abuse
no1ninja wrote:

He inherited a boat load of debt with his 3AAA rating. Obama’s policies did not lead to the downgrade, Tea Parties refusal to allow the rich and corps to be taxed is what gutted all hope for recovery. If the money does not come from the rich where is going to come from? The economy will keep eating and spitting out the poor.

Aug 15, 2011 2:54am EDT  --  Report as abuse
barnun311 wrote:

Ummm, where do you guys get this 5% unemployment rate? As far as I find the unemployment rate was 7.2% at the beginning of 2009. Obama didn’t take office until the end of January, and once again can we remember that the $800 billion stimulus was passed on Bush’s watch, and yes Obama did vote for it… but so did John McCain. Let’s also be realistic. A president in this country cannot get ANYTHING done without the cooperation of Congress. And all the Congressmen in this country want to do is protect themselves and their jobs. I am speaking of BOTH parties here. All Congress has done in my lifetime as far as I can see is waste our money and argue back and forth like school children. Do some work, thats what we pay you for. Not vacations and nice Washington homes and $1000 dinners etc. I get work done without all of this how about you? Baiscally, can we stop blaming the President for everything that is wrong in this country and put the blame where it really belongs? How many Congressmen and women have been in office for the last 15 years? What have they done to help us out of this rotten economy? Have they actually done anything, or have they just sat back, pointed the finger at the other side and use clever semantics to hide the fact that they don’t do a damn thing for the people of this country!

Aug 15, 2011 6:53am EDT  --  Report as abuse
piezopaul wrote:

Overspending has gone from $400 billion to $1.6 trillion, a 4x increase. That’s why the problem is suddenly acute.

Aug 15, 2011 8:44am EDT  --  Report as abuse
Gorio wrote:

It’s Bush’s fault! It’s Bush’s fault! It’s Bush’s fault! Never mind that I made promises during my campaign that I can’t keep because I made the economy even worse with my Obamacare laws, and gave the EPA the authority to ruin businesses and enact regulations only the large corporations can modify their businesses to adhere to.You know, the large corporations that prop up my campaign? By the way, did I mention it was Bush’s fault?

Aug 15, 2011 12:03pm EDT  --  Report as abuse
Gorio wrote:

Excuse me Mr. Never been anything but a Community Organizer now President, but, don’t you have a tee time coming up in a few minutes? Then I see your agenda has you off to Martha’s Vineyard for 2 weeks vacation while the rest of us peons have work to do that still have a job to go to.

There’s a reason why Americans are calling you Zero, you know. That’s because that is all you have accomplished while taking up space and changing the decor of the White House. How many golf games since taking office? How many vacations on the taxpayer dole? How many overpaid underachieving Czars? Who, by the way, are doing the work you were surreptitiously elected to do. So when will you blame them for destroying this country? After all, you haven’t brown bagged anything done since January 21, 2009, have you?

Aug 15, 2011 12:12pm EDT  --  Report as abuse
justsayin2011 wrote:

Since he inherited such a poor econamic state, why were his first three years almost totally dedicated to spending more of what we already know we don’t have? Please pass a constitutional ammendment eliminating the presidential age requirement so that we can get a fourth grader into office. Maybe then we’d have someone in DC that understands the concept of simple math — you know 0 is less than 1 trillion, therefore, we can’t spend 1 trillion because WE DON’T HAVE IT.

Aug 15, 2011 12:24pm EDT  --  Report as abuse
NobleKin wrote:

Bush ended with 7.8% unemployment, not 5%.

Bush began with 4.2% unemployment in 2001…under Bush America lost jobs at a high rate the last 9 months of his term and the trend was heading into the toilet when he handed the White House to Obama. Obama saw it go as high as 10.1% (from 7.8%).

Is the 5% number some fiction (a.k.a. bold faced lie) from Fox News or the Right Wing radiosphere?

Aug 15, 2011 12:38pm EDT  --  Report as abuse
Janeallen wrote:

I still think that Hilary Clinton would have handled the economic legacies from George Bush a lot better than Obama has shown us so far.
Frankly, sexism contributed to Obama edging Clinton in the 2008 primaries. Not that most voters are guilty of it, only a very small number of people who cannot shake their subconscious biases and sterotypes about strong smart women. And that little margin was sufficient to take the country to a very wrong course economically, in tackling Bush’s legacy.

Having said that, Bachman is not remotely in Hilary’s league. Her idea of “paying interest only” to avoid default, is plain scary and dangerous. The one scenario where I would vote for Obama in 2012, is if he’s running against Bachman. I’ll be the first to say that.

Aug 15, 2011 3:14pm EDT  --  Report as abuse

These comments make me feel like writing to the Democratic leadership to support a
RUN HILARY RUN campaign for 2012.

Nobody is discussing ideas to fix problems.

Only the Clintons are discussing fixing.

When you have a commander in chief who is a blamer, he leads the country to sink in the blame game. The disccusions here are like a massive food fight in a college cafeteria — mostly serving to achieve nothing.

Aug 15, 2011 3:51pm EDT  --  Report as abuse
EagleDriver wrote:

To all the liberals in fairy land that still think Obama is a great guy, please wake up! Yes, he inherented a mess, but has only succeeded it making it worse. He is incompotent and inexperienced with a socialist agenda. His entire agenda is based on reelection, not the best interests of the American people. He has done nothing but smother fires with $100 bills and play golf. He does nothing to prevent the fires. The grand result is a country with the worst debt in history, %9++ unemployment, millions of empty foreclosed homes and a divided corrupt government. Thanks for nothing except grief and misery.

Aug 15, 2011 4:09pm EDT  --  Report as abuse
Janeallen wrote:

By the way, I’ve always voted on issues, rather than party affiliations.

So from my perspective, to hear Obama blame Bush’s legacy, to blame the political divide,
it’s pot calling the pot black.

Obama did appoint a bipartisan Bowles and Simpson to give ideas on the deficit, but he ignored their recommendations, and never even addressed and discussed the proposals!
A few months back, I heard NY Times’s David Brooks say that Obama had never met face to face with Paul Ryan. I’m against Paul Ryan’s ideas, but if you don’t know your opponent’s bottomline, you can’t figure out how to negotiate, and it resulted in Obama’s weak showing in the negotiation. And many Dems are might mad or disappointed.

It’s not just politics, Obama is also out of touch with the international pressure, and the risk of a downgrade even if we pass the debt ceiling raise, if done too late.

He did call on folks to call their congressmen to pass it, but by then, the downgrade by S&P is already inevitable. And I don’t think Obama gets it. His staff just blames the S&P. Again, the blame game, like Dems like Repubs.

The economic problems are too deep, and Obama’s understanding of economics is just not sufficient. It shows that he’s barely understanding the advice of the economists, and can’t point out their individual specific flaws.

Obama doesn’t understand the conditions and limitations of the economic advice he receives. He can’t follow where these economic theories get formed, get refined, and get to be what they are now, under what context those words mean.
That’s dangerous for our country to have a commander like that..

Aug 15, 2011 5:00pm EDT  --  Report as abuse
shakespeare66 wrote:

I agree with him. The mess had already been created by two previous administrations.

Aug 15, 2011 5:16pm EDT  --  Report as abuse
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