Obama Admin: “Economy is fundamentally strong”
Uhhhhhhhhh…… I seem to remember Bush saying that last year. Isn’t that what Obama mocked Bush and McCain for repeatedly during his campaign? I tell you what, Obama is a disgrace. He cannot think for himself. He is a mouthpiece for his advisers, which seem to be changing every day. Now I know why he needs his teleprompter with him 24×7. This guy doesn’t know what color the sky is unless someone tells him.
Obama starts off with “Hope”, then spreads fear and panic, and now is telling us to calm down. This is all within 4 months. What a douche.
Maybe Buffet and some of his other rich, elitist buddies told him he needs to start changing his tone so the stock market improves.
WASHINGTON (AP) — The economy is fundamentally sound despite the temporary “mess” it’s in, the White House said Sunday in the kind of upbeat assessment that Barack Obama had mocked as a presidential candidate.
Obama’s Democratic allies pleaded for patience with an administration hitting the two-month mark this week, while Republicans said the White House’s plans ignore small business and the immediate need to fix what ails the economy. After weeks projecting a dismal outlook on the economy, administration officials — led by the president himself in recent days — swung their rhetoric toward optimism in what became Wall Street’s best stretch since November.
During the fall campaign, Obama relentlessly criticized his Republican opponent, Sen. John McCain, for declaring, “The fundamentals of our economy are strong.” Obama’s team painted the veteran senator as out of touch and failing to grasp the challenges facing the country.
But on Sunday, that optimistic message came from economic adviser Christina Romer. When asked during an appearance on NBC’s “Meet the Press” if the fundamentals of the economy were sound, she replied: “Of course they are sound.”