Friday, June 8, 2012
President "Obama: Europe Must Act to Stem Economic Crisis: Why America Must Act as well
With all do respect to President Obama, the Private Sector in America is not "in good shape", we are not growing very well economically and we are not creating many jobs. Roughly 200K jobs combine the last two months and the jobs that we created in March and April, the reports there seemed optimistic now and have been downgraded. The 2nd Quarter Economic Growth Report is do next month, if we have another bad Jobs Report for June, to go along with April and May, that could be a signal. That Economic Growth could fall from the First Quarter of mediocre 2.2%, the "Great Recession" is over but we are not recovering fast enough, to get past it and get back to being a healthy economy again. Where we were in 2006 and parts of 2007, which was 5-6 years ago, the last time we had a strong economy in America, we are starting to look like the 1970s economically, where we aren't hit with once recession. But with several, one after the other, with periods of weak Economic and Job Growth, followed by another recession, this is not where the country wants to be obviously but especially not where a President wants to be in a year where he's up for reelection.
The economy is starting to hurt President Obama even more and he knows this, which is why he tried to get ahead of a weak Jobs Report for May last Friday. Before he got stuck with all the blame but its also hurting him with his fundraising where Mitt Romney out raised him by 16M$ last month, thats just for one month. The more the country is talking about a bad economy and he's talking about a bad economy, who's to blame and all of that, which is why the President needs to move past the Washington Blame Game. So to speak and lay out what he plans to do to try to fix the economy, this is what I want to do, this is what I've been trying to do, this is what we need to do, this is how we can put all of these Construction and Manufacturing Workers back to work. But I can't do it all by myself and I have a Republican House that wants to go back to the Bush Years and the policies that put us where we are.
The more President Obama says things like the economy is healthy or the Private Sector is in good shape. The more he risks sounding like Herbert Hoover, Gerry Ford, Jimmy Carter and George H.W. Bush, all Presidents that sounded like they were out of touch and struggled to communicate with average people. He has to tell them that he knows the country is struggling and that he has a plan to fix it.