Monday, June 13, 2011

OBAMA JOKES ABOUT SLOW RECOVERY



Obama jokes about the recovery and he thinks it is funny. Obama would need to reconsider his statement and directly tell that to the American people. For good sakes, this president has his finger on the nuclear bomb. Being president is no laughing matter. It is nice Obama thinks it is a 4 year vacation. Obama is mocking the presidency. The world is collapsing because the president of the United States is taking his job lightly.



(Fox News) President Obama's Council on Jobs and Competitiveness met today in Durham, NC at Cree Inc., a company that manufactures energy-efficient LED lighting. One of the Council's recommendations to President Obama was to streamline the federal permit process for construction and infrastructure projects. It was explained to Obama that the permitting process can delay projects for "months to years ... and in many cases even cause projects to be abandoned ... I'm sure that when you implemented the Recovery Act your staff briefed you on many of these challenges." At this point, Obama smiled and interjected, "Shovel-ready was not as ... uh .. shovel-ready as we expected." The Council, led by GE's Jeffrey Immelt, erupted in laughter.

The Obama administration promised the Recovery Act ("the stimulus") would prevent the jobless rate from going over 8%. It now stands at 9.1%.