‘Very Deep Recession’: Obama Says Recovery Will Take ‘Considerable’ Time

"We lost an additional 345,000 jobs in the month of May. That was far less than expected."

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June 8, 2009 at 12:49 pm - Bloomberg
Dateline: Washington, DC
Harry   June 8th, 2009 - 12:41 pm

Don’t worry, new jobs will be created!

“You want fried with that?”

Ghost of Sally Hemmings   June 8th, 2009 - 12:59 pm

Does this boy have any idea?The country is broke, we need to cut back govt programs Soetorro….not expand, this is not Ebonics Hussein…this is the real world.You don’t get out of a debt problem by borrowing more

[...] ‘Very Deep Recession’: Obama Says Recovery Will Take ‘Considerable’ Time Related Post:Abortion clouds Obama event at Notre Dame (AP) [...]

Fire Eater   June 8th, 2009 - 1:16 pm

California is looking seriously at dropping welfare from it’s budget. What does it say for blacks that Civil War II starts with the first checks not showing up?.I say lets get it on.

Other   June 8th, 2009 - 1:18 pm

The man has to be dizzy from all that spin

[...] the rest here: ‘Very Deep Recession’: Obama Says Recovery Will Take ‘Considerable’ Time Filed Under: Latest News [...]

Do you believe that Obama is purposely weakening America and Americans, if so, what do you believe his agenda would be for doing this?

Steve F   June 8th, 2009 - 1:46 pm

“Very Deep Recession” since you took over Obama! Obama HATES every thing America once stood for! He wants to control ALL folks, means of production, on and on. He is a very DANGEROUS person! Nice he can send the wife & kids to Paris for a couple days ON THE TAXPAYERS dime! The DEPRESSION will be over as soon as we get you out of office Obama!

anon   June 8th, 2009 - 2:09 pm

George W. Bush said the war on terror would take decades, and Obama ended it in weeks. The next president will solve the economic crisis and have a new panic button of his or her own with which to keep us in line.

Liberals Are Parasites   June 8th, 2009 - 2:11 pm

Now wait one damn minute, OBOZO told us that if we didn’t pass his socialist bill, unemployment would hit 9%, well AH, we are at 9.4%. When are the people going to wake the he!! up and realize what this commie ba$tard is doing to this country. 2010, not far away.
You dumb a$$ libs must be so proud.

Craig Allen   June 8th, 2009 - 2:29 pm

Hmmm,

1. Immediately after inauguration, $PEND, SPEND, $PEND. A TRILLION (that we don’t have) OR SO!

2. Soon after that, “we’re outa money”

3. We’re in a deep recession

4. I’ll $peed up the $pending!

He still does drugs, doesn’t he?

Neal E   June 8th, 2009 - 2:40 pm

Obama is Weakening America and Americans – WHY? June 8th, 2009 – 1:36 pm

“Do you believe that Obama is purposely weakening America and Americans, if so, what do you believe his agenda would be for doing this?”

–Let me quote Saul Alinsky:

“There’s another reason for working inside the system. Dostoevski said that taking a new step is what people fear most. Any revolutionary change must be preceded by a passive, affirmative, non-challenging attitude toward change among the mass of our people. They must feel so frustrated, so defeated, so lost, so futureless in the prevailing system that they are willing to let go of the past and change the future. This acceptance is the reformation essential to any revolution. To bring on this reformation requires that the organizer work inside the system, among not only the middle class but the 40 per cent of American families – more than seventy million people – whose income range from $5,000 to $10,000 a year [in 1971]. They cannot be dismissed by labeling them blue collar or hard hat. They will not continue to be relatively passive and slightly challenging. If we fail to communicate with them, if we don’t encourage them to form alliances with us, they will move to the right. Maybe they will anyway, but let’s not let it happen by default.”

thanks Neal E   June 8th, 2009 - 3:17 pm

thanks for that…..many people think revolutions occur from the left(or from the people in power).Actually revolutions occur typically as counter-revolutions.People who traditionally held power decide to take it back upon losing it.Take heart my friends, the revolution is coming from the right, and its going to be nasty.

REGURGITATING ON CONSERVATIVES   June 8th, 2009 - 3:46 pm

Just be thankful that the Far Right nutbags are no longer of any importance what so ever. Otherwise we’d be a war with damned near every nation on earth and the unemployment rate would be at a staggering 75%!

Fill Her Up   June 8th, 2009 - 3:51 pm

Obama is working on the Mideast problem first. Letting oil prices rise so Saudi Arabia’s bottom line can adjusts to the 65$ a barrel they made their 09 budget with. This was back when oil was 30 something a barrel. Amazing how a barrel of oil is trading at the same price their 09 budget predicted. This is when we have a near record surplus of oil reserves. If this is not price fixing then we will be hit with hugh inflation numbers and a plunging dollar very soon. Then he will get healthcare running as smooth as the post office.

Craig Allen   June 8th, 2009 - 4:25 pm

Greg, anon is a “useful idiot”.

O’bammy knows that they elected him, and he will make sure that the “useful idiots” can vote.

That anon thinks the war on terror is over, proves both the useful, and idiot, terms, completely!

Greg   June 8th, 2009 - 4:30 pm

anon said:

“George W. Bush said the war on terror would take decades, and Obama ended it in weeks. The next president will solve the economic crisis and have a new panic button of his or her own with which to keep us in line.”

To anon: If you believe that the war on terror is over because Obama stopped using the term, then you are obviously a pathetic f00l that should not be allowed to vote!!!

Dave Tn   June 8th, 2009 - 7:07 pm

They’re LYING!!! Hey B-Cast how about interviewing this guy some time.

http://market-ticker.denninger.net/archives/1091-Ten-Things-You-Must-Do.html

[...] Last week it was reported that in May the US economy lost another 345,000 jobs.And, Obama’s response to this news?‘It’s a sign we’re moving in the right direction.’Unreal:Via Breitbart [...]

Doug Ramsey   June 9th, 2009 - 2:32 am

OBama has spent all the money the government has and yet people still think he’s great despite the fact that it hasn’t worked and now were worse off. Seriously, I see people talking about how great he is. I don’t care what a great celebrity he is supposed to be I could never see why he was supposed to be president and I still can’t… because he still doesn’t ‘have it’.

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