Latest Obama Excuse: The buck stops in Berlin - It's not my fault :(

  • Posted by a hidden member.
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    Jun 13, 2012 10:40 AM GMT
    ED-AP355_Glovie_G_20120611163103.jpg

    http://online.wsj.com/article/SB10001424052702303901504577460193263617530.html?mod=ITP_opinion_0

    A Presidency of Excuses - Why's growth at 1.9% and unemployment still firmly above 8%? Apparently the buck stops in Berlin.

    By BRET STEPHENS

    In 1997 Asia's economy imploded. Currencies collapsed, countries had their ratings downgraded to junk, millions of people lost their jobs, governments were replaced, regimes fell. In October a jittery Dow, fearing the effects of "Asian contagion," lost 7.2% of its value in a single day. Trading had to be halted twice.

    And yet the American economy was unscathed. In 1997 GDP grew by 4.5%. In 1998 it grew again by 4.5%, this time despite the Russian ruble crisis. In 1999, annual growth reached 4.9%, a pace it hasn't exceeded since. Unemployment fell to 4.2%. The government ran a surplus.

    Bear this not-so-ancient history in mind as the Excuse-Maker-in-Chief cites another imploding region to explain 1.9% growth and 8.2% unemployment. "Right now, one concern is Europe, which faces a threat of renewed recession," Mr. Obama said Friday, rehashing one of his preferred economic alibis. "Obviously this matters to us because Europe is our largest trading partner."

    So now you know: In the Age of Obama, the buck stops in Berlin.

    Still, it's worth taking a closer look at the Blame Europe school of economic analysis. Start with some basic facts: Europe is not our largest trading partner. Canada is. Followed by China. Followed by Mexico. Followed by Japan. "Europe" only counts as America's largest trading partner in an aggregate sense. An honest apples-to-apples comparison would find that U.S. trade with North America or East Asia dwarfs trade across the Atlantic.

    Now take the question of how much trade matters to America. In 2009, foreign trade accounted for 24.3% of the U.S. economy. By contrast, the foreign-trade-to-GDP ratio was 51.9% for China, 71.1% for Canada and 89.2% for Germany. When it comes to foreign trade, the U.S. is the world's least dependent major economy.

    That's not to say that trade isn't vital to U.S. prosperity. But that only makes it more noteworthy that the only free-trade agreements Mr. Obama has signed were those initiated by his predecessor (over stiff Democratic objections). A free-trade agreement between the U.S. and the EU could, according to a 2010 analysis by economists Fredrik Erixon and Mattias Bauer, add as much as $181 billion, or 1.3%, to U.S. GDP. Yet the administration has barely paid lip service to the idea.

    The real kicker, however, is that even as Mr. Obama points the finger at Europe for America's economic woes, trans-Atlantic commerce is flourishing as never before. According to the Census Bureau, U.S. exports of goods to Europe have risen every year of Mr. Obama's administration. They are now on course to exceed the 2011 record of $328 billion. The overall volume of U.S.-EU trade jumped 14% from 2010 to 2011.

    more on site...
  • GQjock

    Posts: 11649

    Jun 13, 2012 1:21 PM GMT
    No excuses necessary

    Dial back to 2008 and see where we were
    He saved your ass

    But the republicans are blocking EVERY POSSIBILITY of a recovery right now
    600,000 public sector jobs have been eliminated
    If Those Jobs ALONE were brought back?
    The unemployment rate would be 7.2%

    In a recession ... the number one rule? Is always you don't cut government spending DURING A RECESSION

    Ronnie knew that ... during his recession he increased government spending and hired public sector workers
    George Senior did the same thing

    So you can take your partisan wishful thinking and stick it with the rest of your crap

    Oh and BTW? When Romney was asked if he gets elected .... would he cut spending even further like the tea party crew wants?
    He said

    OF COURSE NOT that would hinder growth
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    Jun 13, 2012 1:30 PM GMT


    http://www.redstate.com/california_yankee/2012/04/16/obama-excuses-rather-than-responsibility-for-his-failed-policies/

    This is one more example of Obama saying one thing while doing another or trying to have things both ways. He says he is “not gonna make excuses,” but continues to do so.

    As Salena Zito put it in the Pittsburgh Tribune-Review, Obama has blamed the stagnant economy on ATMs, ditches, slurpees, corporate-jet owners, the TEA Party, Republicans, Japan’s earthquake, the Arab spring, the Arab summer, George Bush, and Wall Street (Salena Zito, “Battlegrounds Of Resentment,” Pittsburgh Tribune-Review 8/28/11):

    * Obama Blamed ATMs And Airport Kiosks For His Failure To Create Jobs. “[T]here are some structural issues with our economy, where a lot of businesses have learned to become much more efficient, with a lot fewer workers. You see it when you go to the bank and use an ATM — you don’t go to a bank teller. Or you go to the airport, and you’re using a kiosk, instead of checking in at the gate.” (NBC’s “Today,” 6/14/11)

    * Obama: The Republicans Are “Sipping On A Slurpee” And “Kicking Dirt” Onto Democrats. OBAMA: “And we’ve been pushing that car, pushing it, pushing it, pushing it. The whole time the Republicans have been standing on the sidelines. They’ve been looking down, fanning themselves, sipping on a Slurpee. Kicking dirt down into the ditch. Kicking dirt in our faces. But we kept on pushing” (President Barack Obama, Remarks, Minneapolis, MN 10/23/10)

    * Obama Tried To Blame The Japanese Earthquake And Arab Spring For Poor Economic Numbers. OBAMA: “Let me start by saying a few words about our economy. There is no doubt this has been a tumultuous year. We’ve weathered the Arab Spring’s effect on oil and gas prices, the Japanese earthquake and tsunami’s effect on supply chains, the extraordinary economic uncertainty in Europe. And recently, markets around the globe have taken a bumpy ride.” (President Barack Obama, Remarks, Washington, D.C., 8/5/11)

    * Obama Says He “Inherited” A Bad Economy. “Lately, Obama and his aides have taken to saying that they ‘inherited’ a troubled economy, a more subtle reference to the past at a time that many voters increasingly see Obama as being part of the problem.” (Peter Wallsten, “Obama: Bush Put Us In A Hole,” The Washington Post, 8/30/11)

    * Obama: Problems In Europe “Wash Over Into Our Shores.” “But the truth of the matter is, is that we now live in a global economy where everything is interconnected, and that means that when you have problems in Europe and in Spain and in Italy and in Greece, those problems wash over into our shores.” (President Barack Obama, Remarks by the President at a DNC Event in Washington, DC, 8/8/11)

    Obama has also blamed Congress even though for the first two years of the Obama presidency the Obamacrats controlled Congress:

    * Obama Blame’s Congress. OBAMA: “Well, look, we anticipated that the recovery was slowing. The economy is still growing, but it’s not growing as fast as it needs to. I’ve got things right now before Congress that we should move immediately. And I said so before I went on vacation and I’ll keep on saying it now that I’m back. We should be passing legislation that helps small businesses get credit.” (NBC’s “Nightly News” 8/29/10)

    * Obama Got Almost Everything He Wanted Out Of The Democrat-Controlled Congress. “He passed $830 billion in stimulus, $3 billion for cash for clunkers, $30 billion in small business loans, $30 billion for mortgage modification, the GM-Chrysler bailouts, ObamaCare, Dodd-Frank, credit card price controls, Build America Bonds, jobless benefits for a record 99 weeks, and more. The only priorities that a Democratic Congress blocked were cap-and-tax and union card check, and both of those would have further damaged growth and jobs. Even last December, after Republicans had retaken the House, Mr. Obama won his one-year payroll tax cut, more jobless benefits and most of what he wanted.” (Editorial, “The Latest Jobs Plan,” The Wall Street Journal, 9/9/11)

    * “Mr. Obama Has Been The Least Obstructed President Since LBJ In 1965 Or FDR In 1933, Which Is How We Got Here.” “The larger political subtext of Mr. Obama’s speech is that if Congress doesn’t pass his plan, he’ll then campaign against Republicans as obstructionist. Thus his speech mantra that Congress should ‘pass it right away.’ This ignores that Mr. Obama has been the least obstructed President since LBJ in 1965 or FDR in 1933, which is how we got here.” (Editorial, “The Latest Jobs Plan,” The Wall Street Journal, 9/9/11)

    Another Obama excuse is his claim he didn’t know how bad the economy was even though he said it was historic:

    * President Obama Claims “We Didn’t Know How Bad It Was.” “President Barack Obama said Tuesday he wishes he knew the full extent of the economic crisis when he took office, if only so he could have let Americans know just how tough the coming years would be. ‘I think we understood that it was bad, but we didn’t know how bad it was,’ Obama said in an interview with KIRO in Seattle. ‘I think I could have prepared the American people for how bad this was going to be, had we had a sense of that.’” (Jennifer Epstein, “Barack Obama On Economic Crisis: ‘We Didn’t Know How Bad It Was,” Politico’s “44″, 12/13/11)

    * Obama: The Economic “Mess Has Been Bigger Than I Think A Lot Of People Anticipated At The Time.” CNN’S WOLF BLITZER: “When you took office, you said if I don’t have this done in three years then it’s going to be a one-term proposition, meaning you’re going to be a one term president. Do you remember that?” OBAMA: “Well, here’s what I remember. When I came into office, I knew I was going to have a big mess to clean up. And frankly, the mess has been bigger than I think a lot of people anticipated at the time.” (CNN’s “The Situation Room,” 8/16/11)

    * September 2008: Obama: “We Are Going Through The Worst Financial Crisis Since The Great Depression.” (Sen. Barack Obama, Remarks During First Presidential Debate, Oxford, MS, 9/26/08 )

    * October 2008: Obama: “We Meet Here At A Time Of Great Uncertainty. Our Economy Is In Crisis.” (Sen. Barack Obama, Remarks, La Crosse, WI, 10/1/08 )

    * November 2008: Obama: “We Are Facing An Economic Crisis Of Historic Proportions.” (President-Elect Barack Obama, Remarks Announcing Members Of The Economic Team, Chicago, IL, 11/24/08 )

    * A 2008 Report By Obama Advisor Larry Summers Described The Economic Crisis As “Grim And Deteriorating Rapidly” And Predicted America Could Lose 4 Million More Jobs Within The Year. “The initial debate was framed by a fifty-seven-page memo to the President-elect, dated December 15, 2008, written by Larry Summers, his incoming director of the National Economic Council. Marked ‘Sensitive and Confidential,’ the document, which has never been made public, presents Obama with the scale of the crisis. ‘The economic outlook is grim and deteriorating rapidly,’ it said. The U.S. economy had lost two million jobs that year; without a government response, it would lose four million more in the next year. Unemployment would rise above nine per cent unless a significant stimulus plan was passed. The estimates were getting worse by the day.” (Ryan Lizza, “The Obama Memos,” The New Yo
  • GQjock

    Posts: 11649

    Jun 13, 2012 1:38 PM GMT
    What he said in 2008 were ALL correct we were and STILL ARE going through the WORST economic crisis since the great depression there is NO getting away from that

    An economic crisis that has been brought ON by republican economic policy that has unleashed the same instability that we had before there was reform following the depression
    Through deregulation and fiscal policy that has allowed gaming the system and given rise to bubble economies IE? See The Euro Zone

    But to blame Obama? LOL

    You can't be serious
    You KNOW that this has been going on WAY before he came into the picture

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    Jun 13, 2012 1:44 PM GMT
    I've read enough from this OP to know that he spits out all these articles that he doesn't seem to have read. His knowledge is always limited when it comes to engaging in follow up responses to anyone who challenges him.
    What a Lazy Ass you are Mr. socalfitness.
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    Jun 13, 2012 1:58 PM GMT
    tsty750 saidI've read enough from this OP to know that he spits out all these articles that he doesn't seem to have read. His knowledge is always limited when it comes to engaging in follow up responses to anyone who challenges him.
    What a Lazy Ass you are Mr. socalfitness.

    Oh I engage, I just don't typically respond to nonsense. Take a look at the Pat Caddell thread on leaks.

    So respond to this tsty705, and we will see if you either have the energy or the brains.

    You can look at all Obama's excuses about the situation in 2008 being even worse than he thought and ask yourself a common sense question. Which of the following are true:

    1) Obama and team analysis of the situation in 2008 was fundamentally flawed. The rhetoric "found it was even worse than I thought" is nothing but a cheap rhetorical technique to try and deflect blame. There were no economic indicators at the time hidden to Obama and his team.

    2) The policies of Obama failed.

    3) He lied.


    Will the voters give a President a pass not taking any responsibility over 4 years, continuing to blame his predecessor and all others? So what do you think about this tsty705. I'm sure we eagerly await your response. With you being on RJ all of two weeks and with a total of 6 posts, you are a blank slate but not above name calling. You have a chance to really impress everyone.
  • GQjock

    Posts: 11649

    Jun 13, 2012 2:18 PM GMT
    Caddell ??

    Oh we are citing FOX stooges for our information now ... LOL
    Taking anything that Pat Caddell says would be about the same as quopting that great thinker ... Krauthammer

    FOX is a sinkhole for partisan bullshit
    and that is where Pat Caddell resides

    Now if you wanna talk about the truth ?

    The truth IS that Obama has not lied and he is correct ... this recession IS the worst we have seen
    as evidenced by the Euro Zone crisis ... the slow down in China

    But you know what his REAL sin is ?
    Obama's real sin is that he has tried to appease the republicans
    Because EVRYTHING they have apposed ..... will be the way out of this recession
  • CuriousJockAZ

    Posts: 19119

    Jun 13, 2012 3:59 PM GMT
    The only truth is that there is all kinds of blame to go around. It's an embarrassment that congress is so inept at getting anything done. It's the fault of both sides -- no one is immune.
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    Jun 13, 2012 4:07 PM GMT
    CuriousJockAZ saidThe only truth is that there is all kinds of blame to go around. It's an embarrassment that congress is so inept at getting anything done. It's the fault of both sides -- no one is immune.
    But where does the buck ultimately stop? There have been Presidents with one or both houses under control of the opposite party, and Presidents are expected to show leadership and work across the divide. The need to be inclusive is especially great when one party has the WH and Congress as in 2008-2010. After the health care bill left committees, we're any Republicans included? No, only WH staffers and Democrats. Any serious budget proposals from the Democrats over the past 3 years? No.
  • GQjock

    Posts: 11649

    Jun 13, 2012 5:03 PM GMT
    Work across what divide?

    Do you honestly THINK that the republicans in this legislature that we have now would DO ANYTHING in concert with Obama???

    Have you lost your cotton pickin mind?
    Do you not listen to the nut jobs in your party?

    They have basically signed an oath stating that it doesn't matter what happens to this country they will not do ANYTHING that will remotely help Barack Obama

    Where's their jobs bill?
    Their Infrastructure Bill?

    Why do you think they have been pegged with The War on Women?
    and why are they so anti-gay?

    EVERYTHING they do is to go against Obama

    You wanna replay the video on Mitch McConnell?

    Puh-LEEZE ... don't waste my time
  • CuriousJockAZ

    Posts: 19119

    Jun 13, 2012 5:10 PM GMT
    socalfitness saidBut where does the buck ultimately stop? There have been Presidents with one or both houses under control of the opposite party, and Presidents are expected to show leadership and work across the divide. The need to be inclusive is especially great when one party has the WH and Congress as in 2008-2010. After the health care bill left committees, we're any Republicans included? No, only WH staffers and Democrats. Any serious budget proposals from the Democrats over the past 3 years? No.


    I just think blaming Obama is way too simplistic. There is much blame over multiple administrations. That's just reality.
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    Jun 13, 2012 5:19 PM GMT
    CuriousJockAZ said
    socalfitness saidBut where does the buck ultimately stop? There have been Presidents with one or both houses under control of the opposite party, and Presidents are expected to show leadership and work across the divide. The need to be inclusive is especially great when one party has the WH and Congress as in 2008-2010. After the health care bill left committees, we're any Republicans included? No, only WH staffers and Democrats. Any serious budget proposals from the Democrats over the past 3 years? No.


    I just think blaming Obama is way too simplistic. There is much blame over multiple administrations. That's just reality.

    Yes, but the two questions are:

    1. Does he bear any blame? Blames everyone else but never questions his own policies.

    2. During his time in office, have things improved consistent with what one would expect for a recovery? This is about the weakest of recoveries, and history shows deep recessions are followed by strong recoveries.
  • jock_1

    Posts: 1491

    Jun 13, 2012 5:26 PM GMT
    GQjock saidWork across what divide?

    Do you honestly THINK that the republicans in this legislature that we have now would DO ANYTHING in concert with Obama???

    Have you lost your cotton pickin mind?
    Do you not listen to the nut jobs in your party?

    They have basically signed an oath stating that it doesn't matter what happens to this country they will not do ANYTHING that will remotely help Barack Obama

    Where's their jobs bill?
    Their Infrastructure Bill?

    Why do you think they have been pegged with The War on Women?
    and why are they so anti-gay?

    EVERYTHING they do is to go against Obama

    You wanna replay the video on Mitch McConnell?

    Puh-LEEZE ... don't waste my time


    Same crap that is going on with my state of Wisconsin. We have a great Governor in Scott Walker and he has gotten alot done since being elected. He got things done because he had a republican state assembly and senate. Now with the last election the dems won a majority in our senate and have vowed to stop any legislation the Governor wants to put forth.

    So dont give me your bullshit that your party is so harmonious and and wants to work with the republicans. Everything they do is to go against Walker. It works the same for our side as it does your side. Unfortunately the bitter divide between dems and repub has gotten to the point where both sides wont budge on working with the other side. The citizens of the US are stuck in the middle.
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    Jun 13, 2012 5:53 PM GMT
    jock_1 said
    GQjock saidWork across what divide?

    Do you honestly THINK that the republicans in this legislature that we have now would DO ANYTHING in concert with Obama???

    Have you lost your cotton pickin mind?
    Do you not listen to the nut jobs in your party?

    They have basically signed an oath stating that it doesn't matter what happens to this country they will not do ANYTHING that will remotely help Barack Obama

    Where's their jobs bill?
    Their Infrastructure Bill?

    Why do you think they have been pegged with The War on Women?
    and why are they so anti-gay?

    EVERYTHING they do is to go against Obama

    You wanna replay the video on Mitch McConnell?

    Puh-LEEZE ... don't waste my time


    Same crap that is going on with my state of Wisconsin. We have a great Governor in Scott Walker and he has gotten alot done since being elected. He got things done because he had a republican state assembly and senate. Now with the last election the dems won a majority in our senate and have vowed to stop any legislation the Governor wants to put forth.

    So dont give me your bullshit that your party is so harmonious and and wants to work with the republicans. Everything they do is to go against Walker. It works the same for our side as it does your side. Unfortunately the bitter divide between dems and repub has gotten to the point where both sides wont budge on working with the other side. The citizens of the US are stuck in the middle.

    There still are some good Democrats in Washington, but the ones who voted for Obamacare will need to atone for their actions. If the Dems get their butts kicked in November, bet the more moderates will reassert control and kick the far left out where they belong.