BO admits he’s a failure. Sort of.

[Dave007inVegas]

He admits he’s a failure but it’s not his fault.

In an interview with Atlanta's local Fox affiliate WAGA-TV President Obama explains why he was unable to cut the deficit in half in his first term, a promise he made as a candidate.

Obama was lobbed the question by a sympathetic reporter who said he is getting "pelted in the media" for making a campaign promise he did not keep.

"Well we're not there because this recession turned out to be a lot deeper than any of us realized," Obama said about his inability to cut the deficit in half.

"Everybody who is out there back in 2009, if you look back what their estimates were in terms of how many jobs had been lost, how bad the economy had contracted when I took office, everybody underestimated it. People thought that the economy contracted 3%. It turns it retracted close to 9%. We lost 8 million jobs just in a year's span, about half a year before I took office and half a year after I took office," Obama said.

"So, the die had been cast, but a lot of us didn't understand at that point how bad it was going to get. That increases the deficit because less tax revenues come in, and it means that more people are getting unemployment insurance, we're helping states more so they don't teachers, etc. The key though is we're setting ourselves on a path where we can get our debt under control."

While you can agree with his explanation or not, the last sentence is very disturbing.

 

[vitterd]

And u say I'm repetitive. Too funny. 9 more months and you will be gone from here. It will be a nice day.

 

[Dave007inVegas]

Searching for anything that he can claim as an accomplishment, President Failure comes up with this gem.

President Obama talks to WFLA-TV, NBC's local news affiliate in Tampa Bay, about his promise to "fundamentally change" Washington.

Obama says he hasn't been able to change Washington the way he campaigned for, but he did say he has "made a lot of progress" with government websites.

Obama told the local affiliate that he has made using the internet more effective so if someone needs a government service, "they don’t have to navigate through 50 websites, they can go to one website. So on those fronts we’ve done a lot. We’ve made a lot of progress."

"We’ve used the Internet more effectively to create more transparency so people know where their tax dollars are going. If they need a government service they don’t have to navigate through 50 websites, they can go to one website. So on those fronts we’ve done a lot, we’ve made a lot of progress," Obama said.

"Where I have not been able to succeed so far, but I haven't given up, is changing the tone in Congress," Obama said. "And creating an attitude between Democrats and Republicans where we focus on where do we agree, where are common sense solutions, lets stop trying to score political points or play to the next election instead of playing the long game. We haven't been able to do that yet, and I am the first one to acknowledge that there are times where it can be awfully frustrating. But what gives me confidence is that’s where the American people are, they’ve got common sense. They’re focused on trying to find solutions instead of just scoring political points and hopefully, over time, politicians who take that same attitude will be rewarded."

 

[SoonerNation]

hes such a liar and a hypocrite

 

[jimmythegreek]

the usa is more broke than greece, drink up.

 

[Dave007inVegas]

WASHINGTON — President Barack Obama says the U.S. economy is growing stronger and the economic recovery is speeding up.

Is that true? Here’s the reality.

After a year-long reprieve from rising foreclosures, the numbers are going up again.

One in every 624 U.S. households received a foreclosure filing in January, up 3 percent from the previous month, according to a new report from RealtyTrac.

More…

http://www.cnbc.com/id/46401756

 

[Dave007inVegas]

The administration is tired of lying about their agenda.

If you don’t believe it, read what the Secretary of the Treasury had to say.

President Obama spent much of last year pretending that he had a plan to tackle the nation's long-term debt crisis. He never released an actual plan, but he gave a bunch of speeches pretending that he had. And Obama pushed the idea that he was privately ready to cut a "grand bargain" on the debt were he not thwarted by intransigent Republicans. This was a narrative dutifully reported by the media, despite the lack of any formal plan. Now, the pretending is over.

On Monday, Obama unveiled a budget that added to the debt while using a series of budget gimmicks to claim deficit reduction. And today, Treasury Secretary Tim Geithner conceded that the administration didn't even attempt to do anything about the nation's long-term debt problem.

Earlier today, he told the Senate Budget Committee that long-term spending would be "unsustainable" even if Obama's budget was fully adopted. Later, in a separate hearing, he explained to House Budget Committee chairman Rep. Paul Ryan, R-Wis., that the only intention of the Obama budget was to address deficits in the next decade, not to put the nation on a sustainable fiscal path. He also trashed Ryan's budget, which does actually solve the problem, for putting too much of a burden on seniors to pay for health care.

“We’re not coming before you to say we have a definitive solution to that long-term problem," Geithner told Ryan. "What we do know is we don’t like yours.”

There you have it. The administration has dropped any pretense. It's more comfortable attacking Ryan's plan than offering an alternate solution.