President Obama this summer has repeatedly blamed George W. Bush for the nation’s economic woes, a year after he took ownership of the economy and criticized those who “carp and gripe.”
The White House’s effort to tie congressional Republicans to Obama’s predecessor comes less than three months before the midterm elections. But the president’s campaign speeches this summer contrast to a speech he delivered in Michigan last year when his approval ratings were 17 points higher.
During a July 14, 2009, address in Warren, Mich., Obama said, “Now, my administration has a job to do, as well, and that job is to get this economy back on its feet. That's my job. And it’s a job I gladly accept. I love these folks who helped get us in this mess and then suddenly say, ‘Well, this is Obama’s economy.’ That’s fine. Give it to me. My job is to solve problems, not to stand on the sidelines and carp and gripe.”
At the time, the AP wrote, “With four simple words -- ‘Give it to me’ – President Barack Obama took possession of the economy.”
Throughout this year, though, Obama has continued to blame Bush and the criticism has intensified this month.
As Obama’s approval ratings have fallen though the year, more voters blame him for the state of the economy. A Rasmussen poll of 1,000 likely voters found that 48 percent blame Obama for the nation’s economic problems while 47 percent fault Bush.
For months, Obama has said Republicans drove the economy into a ditch.
He recently said, “We’re slipping and sliding and sweating, and the other side, the Republicans, they’re standing with their Slurpees watching us.”
[Isn't that precious? The folks who locked the Republicans out of the conferences while they 'slipped and slid' writing 2000-page mega-bills full of secret deals now say the Republicans did nothing to help. --Editor]
He added, “Finally we get this car to level ground…and what happens? [Republicans] want the keys back. Well, you can’t have the keys back…You got us in the ditch.”
During his speech in Seattle, Obama said, “The truth is it’s going to take a few years to fully dig ourselves out of this recession. It’s going to take time to bring back 8 million jobs. Anybody who tells you otherwise is just looking for your vote. But here’s what I can tell you: After 18 months, I have never been more confident that our nation is headed in the right direction.”
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10 comments:
Both parties helped cause this near-depression going back 30 years. That's why conservatives are sidetracking into mosques, re-writing the 14th amendment, cumulative voting, etc. It used to be flag burning, and religious symbols in public buildings as artificial means to distract the public from the real issues.
Oh, is that right 11:07...or... it could be because we have a radical who hates the USA in the White House...
Bill:
Don't try and pin Obama's disasterous policies on the past.
Obama owns this!
Mr Obama has had time to make a positive trend, at minimum, but hasn't! Up to the mid-term elections, he's had the congress and senate majoraties. Nothing! Poor handling of the oil spill, etc. etc. etc. He not only OWNS it. He's making things worse. Wasn't he the savior of the economy when he ran for office?
Right on Bill. I'm tired of all the partisan demonization. It's the exact reason why we get half-baked ideas from both sides of the aisle
Two beliefs caused the whole thing:
1. Deregulation of the financial industry that allowed them to invest in credit default swaps and securitize mortgages.
2.Housing prices can only rise.
Almost everyone believed these two things: govt., business, and private people. They governed, invested and spent based on them.
So govt. should re regulate and people should pay off debt and save.
7:14, govt. should 're-regulate'? Try again. Govt got us into this mess by forcing banks to make loans to people they knew couldn't pay them back.
Bull crap ! Government needs to downsize and let the private sector bring us out . Government spending and regulation of private business caused this mess and Obama is clueless .
BS Bill. When have banks been required by regulation to require 20% down. Prudent business practices need to adhered to which include FMae and Fmac. They and FHA started the 3% down crap and it took off from there.
Bill,
No one BELIEVED any of these "ideas". They struck out to destroy America.
They planned the destruction of our economy and used the political machine to accomplish it. Our jobs were outsourced to poor countries and our retail options were eliminated by a monopoly. It is just that simple.
The rich elites destroyed our country on purpose.
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