We just experienced a two-day crash that was worse than any single day crash in our nation’s history. The frail threads holding the world’s failed economy together are giving way. Soon it will all come down.
But, Obama claims that the American economy is strong, even after the Dow Jones Industrial Average closed down 588 points after plunging over 1,000 points earlier in the day.
“Systematically we have dug ourselves out of the economic hole that we were in,” Obama asserted. “Still got a lot of work to do, but the economy is stronger, the housing market is stronger. People are seeing job creation once again.”
He blamed Republicans on Congress for holding back the economy after they failed to pass an expansive highway bill.
“Right now, we could be putting hundreds of thousands of people back to work rebuilding the infrastructure of this country and yet we have a Congress that finances our highway bill for 3 months at a time,” he said. “That’s not what the greatest country on earth does.”
Earlier in the day, White House Press Secretary Josh Earnest defended the American economy during the daily press breifing, pointing out that the crash was a result of the “interconnected” global economy.
“What I would encourage people to evaluate is the ongoing strength and resilience of the U.S. economy,” Earnest said, describing it as “durable” and pointing to job growth and the 5.3 percent unemployment rate.
Earnest claimed Republicans could do more to strengthen the economy by passing a budget, a long-term transportation bill, and reauthorizing the Export-Import bank.
“While we continue to be confident about the longer-term trends when it comes to the U.S. economy, we would like to see Congress take the kind of common-sense steps that would build on that momentum that the U.S. economy continues to enjoy,” he said.
Run out of pants
This man is Delusional !
Fuc**** muzzzlum idiot.
you want to make or economy stronger heres a thought for you make it against the law for all companys or businesses to run to another country so they can avoid paying taxs and firing american workers and hiring cheap laber in its place.
Male Bovine Excrement from the mouth of the Liar in Chief, the soros sock puppet!
Tell that to the retail and auto sales people ….they won’t believe you either.
Lying Hussein Obama
Yeah, and the Brooklyn Bridge is for sale. This picture reminds me of a quote from Shakespeare – “He may smile and smile, but still be a villain.”