GLUE Sniffer

|

Critical thinking on critical issues

Oh, the economy? It’s fine, Obama’s policies are working fine…

September 13th, 2010 at 22:10

Just in case all of you out of work, looking at higher taxes and are quietly panicking about our huge national debt and reduction in freedoms, hey, don’t worry, Obama’s policies are working.

Less than two months before the midterm elections, President Barack Obama is imploring voters to support his party’s economic policies, even though he acknowledged that those policies haven’t brought about a recovery fast enough for many Americans.“We stopped the bleeding, stabilized the economy, but the fact of the matter is the pace of improvement has not been where it needs to be,” Obama said during a backyard town hall in a wooded, middle class neighborhood in Northern Virginia.

Obama said that additional economic measures – including the package of infrastructure investments and business tax incentives he proposed last week – would help accelerate growth in the short-term, while also paving the way for more sustained medium- to long-term growth. The proposals would require congressional approval, an unknown prospect given Washington’s highly partisan atmosphere.

Click here to read more

Share on Facebook

Leave a Reply

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

*