SABRESAllTheWay wrote:
I think that a lot of the blame that goes towards Obama is because they think he can fix the economy and he hasn't. So the repubs are jumping in and saying "Yeah, LOOK!!! We told you so!".
I don't agree with that, but if that's true, Obama most certainly deserves all the criticism.
Enjoy your recovery summer, here's a timeline:
A) Obama budget predicts that the unemployment rate for 2009 will be 8.1 percent (actual rate is 9.3 percent), and says it will be 7.9 percent in 2010 (average so far: 9.7 percent). -- Feb. 26, 2009
B) Fed Chairman Bernanke says he sees "green shoots" of U.S. recovery, which, he said, would "pick up steam" next year. -- March 15, 2009
C) Obama says, "We are beginning to see glimmers of hope." -- April 14, 2009
D) CNN reports that "Job Recovery May Be on the Way." -- May 18, 2009
E) Jeffrey Kling of the Brookings Institution says, "It seems clear the U.S. economy has turned a corner." -- June 5, 2009
F) Bernanke says recovery is under way and "prospects for a return to growth in the near term appear good." -- Sept. 16, 2009
G) Obama says, "We are seeing the corner turn on the economy growing again." -- Feb. 7, 2010
H) Obama says, "The worst of the storm is over. ... We are beginning to turn the corner." -- April 3, 2010
I) Obama says, "The economy is getting stronger by the day." -- June 4, 2010
I) Vice President Joe Biden dubs the months ahead "Recovery Summer," and David Axelrod adds that "this summer will be the most active Recovery Act season yet." -- June 17, 2010
I) Obama declares the economic recovery is "well under way." -- June 29, 2010
J) White House press secretary Robert Gibbs says, "The economy is getting stronger." -- July 8, 2010
Based on all the smoke blown up our collective asses, I'd expect some blame to be headed his way.