President Obama’s Statement on the Economy
President Obama
The President reports on a busy week of progress in helping restore the economy, providing assistance to the unemployed, and building a strong and secure economic foundation for the future. July 23, 2010.
Tags: benefits, budget, economic, Economy, employment, financial reform, Jobs, Progress, recovery, Responsibility, unemployment, Wall Street
President Obama – Obama urges liberals to ‘keep up the fight’
Do you think the Obama Administration will have much impact on hunters?
25 Responses to President Obama’s Statement on the Economy
Leave a Reply
You must be logged in to post a comment.
@chaumont20 Here is a fact: For every $1 dollar the government spends on unemployment, we get $0.70 to $1.90 back! Why do you think!? The unemployed spend the money, which stimulates the economy, which allows for businesses to hire. And don’t give me that “welfare” bs either! Families need this money. For too damn long the Republicans have been taking food out of the mouths of children. Now, many will be able to be fed, along with their parents.
I’d love to see Palin run..because she’d lose!
@maskedphrogg For the middle and lower classes, tax cuts allow for the stimulation of the economy, along with an increase in spending, including spending on unemployment benefits. For the rich, that it a different story, because they already have a lot saved up, which stimulates nothing. Plus, for every dollar the government spends on unemployment benefits, they get back $0.70 to $1.90. Want to know why? Because they will spend it, stimulating the economy.
@NoMoreBickering I have more reasons but I don’t to get spammed out
What a successful week for you Mr. President!!! Signing Wall Street Reform, Improper Payments Elimination and Recovery Act for eliminating wasteful government spending and being on the verge of passing a bill that will foster growth among small business owners and entrepreneurs, plus signing the much needed unemployment extension just adds to your already impressive resume of achievements like Health Care Reform. Thank you for your hard work, fresh vision and outstanding leadership.
Republicans create crises one after another.
Democrats resolve them one by one.
It’s a fairly straightforward process.
I wonder what would happen if we just stopped putting Republicans in power. Maybe we’d take over the entire world again.
We should try it.
People talk bad about President Obama but what they don’t realize is that he represents a lot of Americans in general. And when he speaks he represents not just himself but concepts from a group. A group who was elected by both the President himself, and by the American people as well.
I’d like to add what hurts Americans the most is what I call the “Ghost Payments”
PART II Now this is a leprosy in small business and should be monitored. Whenever you have goods that you offer to finance costumers and they malfunction after a month or two, but yet payments still have to be made. If you feel jumpy you could go through the tedious task of hiring a lawyer for compensation. This takes a lot of time and is hurting people in the process. Just thought I’d share what I see many Americans going through.
@markstevens36
How exactly does enacting regulation to ensure small business cannot grow large help small business? By calling such actions a success you are cheering for the debilitation of small business throughout the United States. Apparently you missed the lesson learned when so many overly large business ventures failed. Or do you relish the idea of rewarding those who do great harm as we saw recently with the Bank and Auto maker bailouts.
@wolfeedarkfang
Get a grip, and your facts straight.
China began purchasing Treasury Notes decades before either Bush was President. It gave China the needed leverage when negotiating trade rights for the burgeoning industrial base China was developing once out from under Mao’s tyrannical rule.
@Nuoz
In reality there are those who oppose Obama’s policy decisions and decry them publicly. Cockroaches like yourself having no reasonable defense or support for these destructive policies will continue to falsely attribute opposition to racism while ignoring the fact that the dissent stems from the very same ideology that led us to oppose a white man’s, GW Bush, policies.
You can continue to wallow in your discontent and ignorance or raise your head above the mud you sling.
@RWDixon8r
As I surmised earlier, a nutter.
A nutter that supposes that the greater the rate taxes are collected the more income a citizen will have saved.
You really don’t have clue where UI benefits come from do you? It’s not from wage earners.
President Obama doesn’t have the first clue how to create jobs.
CUT TAXES you IDIOT!
@RWDixon8r So using your reasoning being or becoming unemployed is a Patriotic thing to do. Unemployment checks are good but Tax cuts are bad. See you in November.
@chaumont20 Ya only tax cuts for the wealthiest Americans count. Middle class and lower classes don’t count when they get tax cuts under obama.
@RWDixon8r Stimulating the economy is bad we need to raise taxes on the lower and middle class and cut taxes for the wealthiest.
Americans don’t need unemployment benefits the benefits will just help the economy and Americans are lazy any way they just want drugs.
@BIOTARGET Americans don’t want to work and are just lazy drug addicts.
@vteckillenzc You´re being bashed for pulling up bizarre accusations such as “is he realy an american?” or “he wastes our money on solutions that don´t work like wind and solar power”!
Get it!
Twisting around facts and inventing bizarre solutions won´t work.
WFT?
Pres Palin? You´d be a complete joke with her on the helm…
Sad americans cannot figure this out. But hey, with her you´d finnaly get in the position to realy not concearn yourself with allies because you´ll have none!
We in yurop facepalmed when you voted Walker´s 2nd turn but when you install Palin we´ll only laugh at you and turn away.
The average yuropean allready thinks americans´re religious nuts.
@0PsycoDad0 President Sarah Palin and Vice President Newt Gingrich. I’m looking forward to Democrats – Liberals and Progressive Socialists being the party of YES. Then we’ll see the true meaning of Democrats Bipartisenship. It’s coming and the beatdown will be massive.
AMERICAN ECONOMY COLAPSED AS SOON AS TWIN TOWERS COLAPSED. DEMOCRATS WILL PROSECUTE REPUBLICANS. CHENEY AND BUSH WILL GO TO JAIL FOR RUINING AMERICAN ECONOMY!
FBI WILL INVESTIGATE REPUBLICANS IN ARIZONA, THEY ARE TRYING TO SEPARATE FROM USA, REPUBLICANS TRY TO TURN USA INTO USSR! REPUBLICAN PARTY IS VERY DANGEROUS PARTY!
AMERICAN ECONOMY COLAPSED AS SOON AS TWIN TOWERS COLAPSED. DEMOCRATS WILL PROSECUTE REPUBLICANS. CHENEY AND BUSH WILL GO TO JAIL FOR RUINING AMERICAN ECONOMY!
FBI WILL INVESTIGATE REPUBLICANS IN ARIZONA, THEY ARE TRYING TO SEPARATE FROM USA, REPUBLICANS TRY TO TURN USA INTO USSR! REPUBLICAN PARTY IS VERY DANGEROUS PARTY!
REPUBLICANS KILLED AMERICAN ECONOMY DUE TO 9/11. I BELIVE IN KARMA!
@InterntzTrollerinz Did you just say “Stimulating the economy is bad”? Because the private sector isn’t spending, the government needs to cut taxes for the middle and lower classes, and increase spending. Those two combined have a great stimulating effect. And are you serious when you say “Americans are lazy”? For every five people looking for work, there is one job available, so unemployment benefits are good from both a moral standpoint and an economic standpoint (stimulus).
@maskedphrogg I am for Keynesian economics, as in we LOWER taxes for the middle and lower classes.