HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Retired » Retired Forums » 2016 Postmortem (Forum) » Obama: 'What we did worke...

Sat Aug 2, 2014, 08:16 PM

Obama: 'What we did worked. The Economy is better'


President Obama is finally confident in taking credit for a recovering economy. Yesterday he was almost in a quasi-bragging mood in his news conference where he dinged an intransigent Republican Congress.

“I think it is useful for me to end by reminding folks that during my first term,” President Obama said. “If I had press conferences like this typically everybody wanted to ask about the economy. And how comes jobs weren’t being created. How comes the housing market is still bad. Why isn’t it working? Well you know what? ‘What we did worked. And the economy is better. When I say that we’ve just had six months of more than 200,000 jobs that hasn’t happened in 17 years that shows you the power of persistence. It shows you that if you stay at it, eventually you make some progress.”

The President should be bragging though his nature is hardly that. After and aberration in the first quarter of the year, the economy grew at a robust 4% in the second quarter. People filing for unemployment fell to the lowest in 8 years. Consumer confidence is up higher than at any time since 2007.

209,000 net jobs were created in July and unemployment is at 6.2%. It makes the sixth consecutive month of more than 200,000 jobs. This is the first time this has occurred in 17 years.

http://egbertowillies.com/2014/08/02/obama-what-we-did-worked-economy-better/

3 replies, 1434 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 3 replies Author Time Post
Reply Obama: 'What we did worked. The Economy is better' (Original post)
egbertowillies Aug 2014 OP
elleng Aug 2014 #1
mikekohr Aug 2014 #2
boguspotus Aug 2014 #3

Response to egbertowillies (Original post)

Sat Aug 2, 2014, 08:28 PM

1. in spite of all the crap repugs have put in his/our way.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to egbertowillies (Original post)

Sat Aug 2, 2014, 10:13 PM

2. There were 150 views when I read this. It should have 150 RECS. nt

Reply to this post

Back to top Alert abuse Link here Permalink


Response to egbertowillies (Original post)

Sun Aug 3, 2014, 12:54 PM

3. Democrats have the truth and facts on their side:

Obama just now starts tooting his own horn. He should have been doing it for years now. Any Democrat running for office this year should be shouting this from the rooftops.

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread