Hypocrisy: Barack Obama Economic Advisor Dr. Christina Romer … Fundamentals of the US Economy Are Sound

 

A Tale of Two Sound Fundamental Economies … and One Hypocrisy President Obama are the fundamentals strong? With rising unemployment, continued trillion dollar bailouts, a stock market that has plummeted since you took office and your minions state the economy is sound. Funny, you were not saying that during the election when things were not as bad:

“What’s more fundamental than the ability to find a job that pays the bills and can raise a family?”

We need to look no further than this past weekends Meet the Press to witness the “fundamental” hypocrisy in the main stream media. The Chair of President Barack Obama’s Council of Economic Advisers, Dr. Christina Romer, stated that, “the fundamentals of the economy are “sound.” The MSM is no where to be heard.

The Chair of President Obama’s Council of Economic Advisers, Dr. Christina Romer, on Sunday said that the fundamentals of the economy are “sound,” a comment similar to one that her boss as a candidate repeatedly attacked Sen. John McCain, R-Ariz., for making during the heat of last year’s presidential campaign. “Of course, the fundamentals are sound,” Romer said on Meet the Press, “in the sense that the American workers are sound. We have a good capital stock, we have good technology. We know that, temporarily, we’re in a mess, right? We have seen huge job loss, we’ve seen very large falls in GDP. Certainly in the short run, we’re in a bad situation.”

The fundamentals are what? SOUND? Isn’t this deja vu all over again? Does the Obama Administration think the American people are stupid or just not capable of using an internet search engine.

The fundamentals of the economy being sound is the exact same comment that Republican Presidential challenger John McCain said on September 15, 2008. However, when anyone attached to the Obama Administration makes such a claim, they are given a pass. So which is it President Obama, are the ‘Fundamentals” of the economy sound? If so, then were they back on September 15 when McCain made his statement? After all, the fundamentals would have been more sound then.

“The fundamentals of our economy are strong,” he said.

McCain also said that “these are very, very difficult times,” but the window had been opened.

Barack Obama went on to mock John McCain for his comments during the 2008 Presidential election . I guess it is okay when it is about winning an election vs. reality.

“We just woke up to news of financial disaster, and this morning he said that the fundamentals of the economy are still strong,” Obama told an estimated crowd of 5,800 at the Cross Orchards Historic Site in Grand Junction, Colo.  “Sen. McCain –- what economy are you talking about?

“What’s more fundamental than the ability to find a job that pays the bills and can raise a family?” Obama asked, his voice rising. “What’s more fundamental than knowing that your life savings is secure, and that you can retire with dignity?  What’s more fundamental than knowing that you’ll have a roof over your head at the end of the day?”



If you liked this post, you may also like these:

  • Former Obama Economic Adviser Christina Romer Chuckles at S&P Downgrade of US Credit Rating … “We’re F*cked”
  • A Tale of Two” Fundamentals” of the Economy are Strong, Part Deux … It all depends on what the meaning of “sound” is
  • Christina Romer, Chairwoman of President Obama’s Council of Economic Advisers, Has Decided to Resign
  • Michelle Obama … It’s in the Shoes … Especially Those $540 Lanvin sneakers … Nice Image in Face of Depression … Let them wear Keds
  • New Weekly Jobless Claims Rise by 11,000 from Previous Week to 531,000 … 10% Unemployment cannot be Far Away




  • Comments

    27 Responses to “Hypocrisy: Barack Obama Economic Advisor Dr. Christina Romer … Fundamentals of the US Economy Are Sound”

    1. Pat in Alabama on March 16th, 2009 11:14 am

      It depends on your definition of “are”.

    2. Rusty Bridges on March 16th, 2009 11:57 am

      Well you see, NOW it is fundementally sound because he is redistrubiting our wealth. As long as the middle class keeps struggling to keep their heads above water and the money keeps flowing to the govt. everything is honky dory.

      Now that Obama has decided that credit is the foundation of our economy, not savings, the middle class can finance their groceries and keep America up and running.

    3. Brenda in Virginia on March 16th, 2009 12:46 pm

      This was all planned out. Obvious. the media and it’s leftist socialists created the economic disaster in order for their “team Obama” to appear as the savior of the economy.

      As the article tells, we the American people are not nearly as stupid as the media had hoped. The economy was fine, but they made sure it wasn’t and we aren’t falling for their “let’s all go spend again” suggestion. I’ve stopped my 401K, disconnected my land line (all cell phone now), and am actively looking into WIND power to get completely OFF the grid.

      No one to look out for you but yourself now. Get prepared for worse to come.

    4. scott on March 16th, 2009 1:05 pm

      Liberals including the a$$-clown running our country flip flop more than a fish out of water!

    5. caesu on March 16th, 2009 2:03 pm

      they are sound now, but weren’t sound then. ;)

    6. murph on March 16th, 2009 4:15 pm

      Democrats power grab of the USA. No turning back once they take power of Banks & Health Ins.We are screwed!

    7. Carpe on March 16th, 2009 6:54 pm

      OBAMA – MORE CHANGE A TERRORIST CAN BELIEVE IN…

      The American Legion Strongly Opposed to President’s Plan to Charge Wounded Heroes for Treatment

      WASHINGTON, March 16 /PRNewswire-USNewswire/ — The leader of the nation’s largest veterans organization says he is “deeply disappointed and concerned” after a meeting with President Obama today to discuss a proposal to force private insurance companies to pay for the treatment of military veterans who have suffered service-connected disabilities and injuries. The Obama administration recently revealed a plan to require private insurance carriers to reimburse the Department of Veterans Affairs (VA) in such cases.

      The Commander, clearly angered as he emerged from the session said, “This reimbursement plan would be inconsistent with the mandate ‘ to care for him who shall have borne the battle’ given that the United States government sent members of the armed forces into harm’s way, and not private insurance companies. I say again that The American Legion does not and will not support any plan that seeks to bill a veteran for treatment of a service connected disability at the very agency that was created to treat the unique need of America’s veterans!”

    8. SUPER DAVE on March 16th, 2009 7:42 pm

      it’s funny to see the puppet boy squirm knowing that he has no clue how to lead a country.

    9. yoyo muffintop on March 16th, 2009 11:47 pm

      Perhaps if you read the article you would’ve realized how foolish you really are.
      If they have insurance, their insurance company pays. If they don’t have insurance, the government pays.

      I thought wingnuts didn’t want the government to pay for healthcare? Why don’t you love the consideration of this plan?

      My guess – reading comprehension.

    10. Scared Monkeys on March 16th, 2009 11:56 pm

      Don’t worry Yoyo, just for your tomorrow we will have video of the two comments to show that the comments regarding fundamentals are the same.

      You will need to put the Kool-Aid down though while viewing.

      Obama will say anything to suit his purpose. And we all thought he was a different kind of politician.

      NOT!!!

    11. yoyo muffintop on March 17th, 2009 1:20 am

      #10 – yawwwwwwwwwn. More Obama derangement syndrome. yawwwwwwwwn.

      I will look forward to the numerous spelling and grammatical errors. I’m sure it’ll be “epic”.
      Lol.

    12. Scared Monkeys on March 17th, 2009 6:22 am

      Oh Yoyo, you are just so funny.

      Not half as epic as when you are banned. Get some manners when you are in others home. I do not mind a differing point of view but you will be respectful while you are here or you will be gone.

      ODR, hardly … Obama is just a rank armature and dangerous for America. Obama is Carter 33 years later.

    13. super dave on March 17th, 2009 7:13 am

      yoyo: that would mean dependence on the government. the only people dependent on the government are illegals, and those who choose not to work because of the funds being drawn from the government. welfare, etc.
      you strike me as one of these people along with caesu. it’s those like you that keep working taxpayers like me struggling to stay above water.

    14. Rusty Bridges on March 17th, 2009 8:50 am

      For liberals that don’t understand capitalism; When you tax corporations they pass the cost on to consumers. Its called the trickle on theory. With the spending rate of our money it is now more than a trickle.

    15. A Tale of Two” Fundamentals” of the Economy are Strong, Part Deux … It all depends on what the meaning of “sound” is | Scared Monkeys on March 17th, 2009 10:06 am

      [...] enough, this week Obama’s economic chairwoman Dr. Christia Romer told David Gregory on Meet the Press that, “Of course the fundamentals of the economy are [...]

    16. scott on March 17th, 2009 11:40 am

      yoyo- were you dropped on your head as a child because you are about stupid as one person can get. I guess the VA and those in charge of the VA don’t know what they are talking about when they use the word “BETRAYAL” about Obama? Do you know anything about how insurance and insurance premimums and co pays work?

      Obama is STEALING from those who fought for this country! He hates the military and that’s a very dangerous proposition for this country..that and having lunatics such as you running around!

    17. yoyo muffintop on March 17th, 2009 6:16 pm

      #16 – Good lord…the VA (Department of Veterans Affairs) said what now? Link to it.

      I have a feeling you do not know the difference between the VA (Department of Veterans Affairs) and say…the DAV. Lol. You ain’t the brightest now are you?

      btw – Obama is increasing the VA budget by $25 billion over five years.

    18. Scared Monkeys on March 18th, 2009 6:55 am

      This is what they might be referring to … It appears that the Obama admin did float this idea; however, it is rightfully DOA as even Democrat law makers know its political suicide to make individuals who pay with their lives and body, to pay premiums and co-pays as well.

      http://tinyurl.com/b63uam

      An Obama administration proposal to bill veterans’ private insurance companies for treatment of combat-related injuries has prompted veterans groups to condemn the idea as unethical and powerful lawmakers on Capitol Hill to promise their opposition.

      Nevertheless, the White House confirmed yesterday that the idea remains under consideration, and Chief of Staff Rahm Emanuel and leaders of veterans groups are scheduled to meet tomorrow to discuss it further.

      The proposal — intended to save the Department of Veterans Affairs $530 million a year — would authorize VA to bill private insurance companies for the treatment of injuries and medical conditions related to military service, such as amputations, post-traumatic stress disorder and other battle wounds. VA already pursues such third-party billing for conditions that are not service-related.

      Veterans groups said the change would be an abrogation of the government’s responsibility to care for the war wounded. And they expressed concern that the new policy would make employers less willing to hire veterans, for fear of the cost of insuring them, and that insurance benefits for veterans’ families would be jeopardized.

    19. Scared Monkeys on March 18th, 2009 6:58 am

      And here …

      The American Legion Strongly Opposed to President’s Plan to Charge Wounded Heroes for Treatment

      http://tinyurl.com/cqvu52

      WASHINGTON, March 16 /PRNewswire-USNewswire/ — The leader of the nation’s largest veterans organization says he is “deeply disappointed and concerned” after a meeting with President Obama today to discuss a proposal to force private insurance companies to pay for the treatment of military veterans who have suffered service-connected disabilities and injuries. The Obama administration recently revealed a plan to require private insurance carriers to reimburse the Department of Veterans Affairs (VA) in such cases.

    20. super dave on March 18th, 2009 7:06 am

      according to his book, obammy & baby mammy hate white people.

    21. Dolf on March 18th, 2009 9:15 am

      wait for my understanding:

      Obama wants to bill the private insurance companies for the costs that occur with the care they deliver (concerning veterans).

      I assume that those companies get money through ppl who pay fees.
      If thats the case, why let them take a free-ride with taxpayers money?

      and isn’t AIG an insurer (??) too?

    22. yoyo muffintop on March 18th, 2009 12:55 pm

      #20 – Your continuous use of racial slurs and it’s allowance on this website is quite strange.
      The racial slurs I get (you’ve admitted you are racist but attempt to justify it by saying “everyone is”).
      What I don’t get is why SM continues to let you post it.

    23. super dave on March 18th, 2009 3:49 pm

      YOYO: there’s no racism here. just a tool for you to use when you can’t think of anything to say.

    24. yoyo muffintop on March 19th, 2009 3:22 pm

      Of course you’d say that – it’s you that is the racist. Lol.

    25. Rev. Martin Altizer on March 22nd, 2009 9:09 am

      Do you realize what a split-tongue excuse-making jackass you sound like? Run the tape, young lady. Oh, yeah, have you ever had a real job, where you got a blister or two, or worked some of the pudge off your frame?
      You give intellectuals and the President a foul-smelling name.

    26. gingerbread on March 24th, 2009 12:59 pm

      Where is all the money going to come from to finance these projects?! Dr. Romer is selling nothing at all; it is a complete lie. No one is going to turn this thing around quick fix. Who is able to pay more taxes when so many people are out of work/ can’t get work?

    27. Angela on February 3rd, 2010 10:09 pm

      the last quarter of 2009 seems promising as we have seen lots of signs of econic recovery against the massive economic recession. i hope that in 2010 all our economies would be back on track. recession really sucks.

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