Activists jab Obama and Romney on economy
PROVIDENCE, R.I. — Separated at rival conferences by 1,000 miles and a world of political ideology, liberal and conservative activists are finding themselves united by a deep disappointment with the nation's economy.
Join the discussion below, or Read more at CBS News.
#1 Jun 9, 2012
Obama's gonna have his bell rung when he recieves the knock-out punch come November.
New Almaden, CA
#2 Jun 9, 2012
Not sure how activists can jab Romney on the economy given he is not in office. Maybe team Obama has found a way to blame him. Blaming is what Obama does best.
#3 Jun 9, 2012
Today O'Blamer is blaming Governors and Mayors. Let's add them to the long list: Bush, Doctors, AIG Executives, Wall Street Fat Cats (except when they're at $34,500 per plate fundraisers FOR HIM), Seniors at Tea Party Protests, Voters in States who Cling to Guns and Religion and all the "Folks" who want to keep more of what they've earned from Obama's Redistribution Plans.
'No, Its not fine
Posted: 10:49 PM, June 8, 2012
Mitt Romney had to be wondering: Is the president really that out of touch?
And not just Mitt Romney.
At an all-but-impromptu news conference yesterday, President Obama rambled past the latest distressing economic news and then dropped this bomb:
The private sector is doing fine.
Then came the presidents even more bewildering diagnosis of the real cause of Americas vexing economic stagnation: Government payrolls arent big enough.
Where were seeing weaknesses in our economy, he declared,[has] to do with state and local governments and payroll cuts initiated by, you know, governors and mayors ... with fewer revenues coming in.
It was vintage Obama: Its not all that bad, but by the way its not my fault.
Then came the by-now-routine retrenchment:The economy is not doing fine, he conceded at a later press event.There are too many people out of work.
And by tomorrow, hell have moved on to the next phase: Why are the Republicans insisting that I said what I just said?
Well, of course Romney and other Republicans were quick as cats to pounce.
The economy is most certainly not doing fine: More than 23 million jobless Americans victims of the longest sustained bout of 8 percent-plus unemployment since the Depression certainly can testify to that.
And then there are the millions who have flat out stopped looking for a job; they dont show up in the official statistics.
Job creation remains anemic and even recent encouraging numbers have since been downgraded; median income is down 10 percent in his presidency.
He wants state and local governments to increase taxes and borrowing so that they can hire more workers.
But while more debt may be a short-term solution in Washington, it doesnt work at the state and local levels: Those jurisdictions must balance their budgets and, more and more, they simply cant.
Thats what Gov. Scott Walkers stunning win in the Wisconsin recall was all about.
Then again, post-Wisconsin, public-sector employees are pretty much all thats left in Obamas political base. So the presidents remarks may be simple political posturing.
But perhaps he actually believes the private sector is doing fine never mind the artless recantation. If so, heaven help us all.
Back in 2008, recalls Jim Geraghty on National Review Online, Team Obama ripped John McCains assertion that the US economic foundation was strong by asking:How can he fix our economy if he doesnt know its broken?
The question still holds."
Since: Nov 08
#4 Jun 9, 2012
Bush did it, Romney did it, everybody but me did it.
#5 Jun 9, 2012
Obama and his media minions will continue his Wars to win the minds of the naive and idle. Obama's Wars are--His War Against Success (demonizing the wealthy) and fanning the flames of his CLASS WAR. And his make-believe War on Women that he accuses the Republicans of.
“Proud To Be An American”
Since: Apr 07
#7 Jun 9, 2012
First batch of idiots responsible for the pathetic economic woes are each and every dumbbell who voted for the lord marshal b. h. obama.
Second all around idiot and self-serving bozo responsible for a long list of deranged sht and economic woes is the lord marshal b. h. obama. His character flaw begins with an inability to sense wrong and run away from communist lowlifes like bill ayers. Instead b. h. obama launches his political career from the home of bill ayers. Obviously anyone who knows about bill ayers' rap sheet knows you have to be one plucked up cookie to associate with ayers and his ilk. The lord marshal b. h. obama is indeed that kind of cookie thus his content of character is anti-Americanism and America must flush him...November 2012.
“HILLARY OR TRUMP”
Since: Mar 09
WHAT DIFFERENCE DOES IT MAKE?
#8 Jun 9, 2012
Is it November yet????
#9 Jun 9, 2012
Is it November yet? We won't have to see Rmoney's self seving smirk anymore!
#10 Jun 9, 2012
You are right, then it will be Romneys confident smile and the determined look of a leader we will be seeing. Obarry's stumbling, unsure of himself mug will be out.
Since: Jul 11
#11 Jun 10, 2012
Either the Republicans have sabotaged the economy for political purposes, or they are fools who continue to pursue failed economic policies. There are no other explanations for their behavior:
"Subsequently, the GOP's refusal to countenance legislation that would help states with their own fiscal crises (largely, the result of declining tax revenue) has led to massive public sector layoffs at the state and local level. In fact, since Obama took office, state and local governments have shed 611,000 jobs; and by some measures, if not for these jobs, cuts the unemployment rate today would be closer to 7%, not its current 8.2%. In 2010 and 2011, 457,00 public sector jobs were excised; not coincidentally, at the same time, much of the federal stimulus aid from 2009 ran out. And Republicans took over control of Congress.
These cuts have a larger societal impact. When teachers are laid off, for example (and nearly 200,000 have lost their jobs), it means larger class sizes, other teachers being overworked and after-school classes being cancelled. So, ironically, a policy that is intended to save "our children and grandchildren" from "crushing debt" is leaving them worse-prepared for the actual economic and social challenges they will face in the future. In addition, with states operating under tighter fiscal budgets and getting no hope relief from Washington it means less money for essential government services, like help for the elderly, the poor and the disabled.
This is the most obvious example of how austerity policies are not only harming America's present, but also imperilling its future. And these spending cuts on the state and local level are matched by a complete lack of fiscal expansion on the federal level. In fact, fiscal policy is now a drag on the recovery, which is the exact opposite of how it should work, given a sluggish economy.
This collection of more-harm-than-good policies must also include last summer's debt limit debacle, which House speaker John Boehner has threatened to renew this year. This was yet another GOP initiative that undermined the economic recovery."
#12 Jun 10, 2012
Republican submitted 29 proposals for a balance budget all turned down
Odumbo REFUSES to negotiate with Congress Out on the Campaign trail and taking extended vacations
NO BALANCE BUDGET PASSED in 3 1/2 years.
Odumbo giving stimulus to Companies that he KNEW was bankrupt.
Raised the National Debt by 6 Trillon
Caused the S&P to down grade the US credit rating
FIRST TIME IN HISTORY
Odumbo ousted the 2 men that kept peace in Libya and Egypt and it's neighbors
Odumbo turned these 2 countries over to the Radical Muslim Brotherhood. He lost over 2600 guns and 3 drones in the process
Gave guns to the Mexican Drug runners that resulted in our DEA agents being killed.
Odumbo wanted to RAISE taxes until Bill Clinton stated it was NOT a good idea.
Spent 2 years on an UNCONSTITUTIONAL HEALTH CARE BILL that the people should have voted on.
Told Russia wait till I get reelected I'll have more latitude
More latitude to do WHAT
The man is evil and is destroying Americva
“your life is great”
Since: Aug 09
you poop in clean water
#14 Jun 10, 2012
Some of the most passionate voters from both parties suggest that neither presidential candidate has sufficiently sharpened his economic message or clearly outlined a plan to get the nation back on track. Democrats criticize President Barack Obama's willingness to fight for liberal priorities, while conservatives wonder aloud about presumptive Republican presidential nominee Mitt Romney's conviction to act aggressively on their behalf.
so......., what is Romney's plan?
and....., what is Obama's plan?
#16 Jun 11, 2012
All in Government are a bunch of crooks. They all are wealthy,especially ones like Romney who don't understand what its like to be a commoner,like you and me. I promise you, if Romney is elected in 2012 things will get much worse. Obama is a decent man,but one problem ,he's a black man in the white house.
Republicans claim they are Christians, not true,for a good Christian does not take from the poor,now mid class, and give to the rich. This is not the teachings of Jesus. Read the Bible and learn something about what Jesus said about the poor and the rich. Ever hear this one, the LOVE of money is the root of all evil. This American society is corrupt, corrupt as the people in power.I only voted for one, the best Pres. ever was Clinton.
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