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« « Previous  |Home|  Next » »         

Friday, December 4, 2009, 6:20 AM
Jim Hoft

Now he tells us.
The biggest public spender in world history now says
“True economic recovery will only come from the private sector”

And that is why his next jobs plan will only cost $300 billion.

Obama and Democrats tripled the national deficit in less than one year.
obama deficit
They’ve increased the national debt to $12 Trillion.
And they’ve nearly doubled the unemployment rate since the Bush years.
It only took a trillion plus dollars for Obama to see that they were wrong.

More… Jennifer Rubin added, via Pundit and Pundette:

At his “jobs summit,” Obama discovered: “Ultimately, true economic recovery is only going to come from the private sector.” Mon dieu! You mean lambasting business, hiking taxes, imposing a flurry of mandates, and regulating carbon emissions aren’t the way to go? No, no. The Obami still want to do all that. They just expect the private sector to grow and hire workers in spite of all that. I guess.

22 Comments

    Tweets that mention Gateway Pundit -- Topsy.com
    December 4th, 2009 | 11:33 am | #1

    [...] This post was mentioned on Twitter by Vince Humphreys, Paul Alyunov. Paul Alyunov said: Huh?… Now Obama Tells Us Government Spending Is Not the Answer: Now he tells us. The biggest public spend.. http://bit.ly/5TiIlL [...]

    BabsyNo Gravatar
    December 4th, 2009 | 11:38 am | #2

    But, but, but! What about our Hopenchange? What of all the green jobs that would force the evil oil barons to loosen their stranglehold of the people? What of ClimateGate? There is no more global warming to tax the carbon guzzlers. What is there left for government to do if they can’t save us? Maxine Waters, where ARE you? Oh, the HUMANITY!!!!!

    AlanaNo Gravatar
    December 4th, 2009 | 11:53 am | #3

    It was always his idiot plan. He said from the beginning he planned to spend us all to hell, THEN cut down on the spending which would, see, reduce the deficit by half of what it was before he spent us there, and that would be a good thing. Or something like that.

    I think he’s just been forced to make some peeps in that direction rather earlier than he would have liked. I believe he envisioned getting all of his programs in place, THEN talking about what a mess we were in, and how we should now be taxed more to save money.

    ahemNo Gravatar
    December 4th, 2009 | 12:24 pm | #4

    Obama knew this before he even began.

    » Financial News Update – 12/04/09 NoisyRoom.net: Where liberty dwells, there is my country…
    December 4th, 2009 | 12:28 pm | #5

    [...] A Cool Trillion Later– Now Obama Tells Us Government Spending Is Not the Answer [...]

    JoanneNo Gravatar
    December 4th, 2009 | 12:59 pm | #6

    What, he wants the private sector to make the difference when he has destroyed the climate and conditions necessary for the private sector to accel and create jobs? If all Americans don’t realize this guy is nothing more than a dumba**, then the problem is more than just ‘Obama’; it is huge.

    AnnieNo Gravatar
    December 4th, 2009 | 1:20 pm | #7

    If you think the Precedent is way over his head (obviously) and pair that with a flailing disaster of a Dem majority congress then you are well aware of the hell that is ahead for this country. What an evil witches brew that we (yes, we the citizens) have elected to represent us.
    Vote.Them.Out!!!

    Melvin WinterNo Gravatar
    December 4th, 2009 | 1:38 pm | #8

    Brings to mind this year’s White House holiday card: http://optoons.blogspot.com/2009/12/2009-white-house-holiday-card.html

    garnetteNo Gravatar
    December 4th, 2009 | 1:41 pm | #9

    So, now when the private sector can’t create jobs because of that he has done, does that mean he will turn around and blame the private sector for all this countries problems? (you know, the ones he created)

    TedNo Gravatar
    December 4th, 2009 | 1:46 pm | #10

    Between the lines reads:
    I’ve nearly finished paying off my buddies, so I can follow proven, wise advice for a CHANGE.

    shellieNo Gravatar
    December 4th, 2009 | 1:47 pm | #11

    Obama’s favorite white guy:

    http://tinyurl.com/yzz3e93

    Obama admits private sector key to improved economy | Radio Vice Online
    December 4th, 2009 | 3:07 pm | #12

    [...] Hat tip to Jim Hoft over at Gateway Pundit. [...]

    czekmarkNo Gravatar
    December 4th, 2009 | 3:28 pm | #13

    “At his “jobs summit,” Obama discovered: “Ultimately, true economic recovery is only going to come from the private sector”

    Well, duh!! A real Homer Simpson moment. Actually, Homer Simpson is smarter than The One.

    shibumiNo Gravatar
    December 4th, 2009 | 3:46 pm | #14

    Well, he’s doing a pretty good job destroying the economy. Then of course there’s health care and cap ‘n trade, I think those two will indeed put the nail in our coffin and turn us into a third world hell hole. Then Obama can indeed declare himself President for Life and join forces with Hugo, Fidel and Osama.

    Thanks 52%

    chuck in st paulNo Gravatar
    December 4th, 2009 | 4:15 pm | #15

    If you listen to the speech you hear him blame the business sector for having profits instead of hiring employees.

    Does he think all business is patterned on General Motors or the Government??!? We just hire folks and if there’s no work for them to do they sit around and collect a paycheck anyway?

    In addition it is apparent he and all his Czars with virtually no business or military experience do not, and refuse to, get the idea that ‘profits’ are the owner’s paycheck. Duh! Who the heck is going to work without ever getting paid? What a bunch of asshats. Thanks alot 52%.

    Oh yeah, the Hope is in the mail. (I admit, I shamelessly stole this from another blogger)

    EricNo Gravatar
    December 4th, 2009 | 9:10 pm | #16

    As one of the unemployed, my bi-weekly check($44) from the stimulus package, got here right on time just yesterday. So I can’t imagine how anyone can say all this stuff isn’t working. Actually from what I read on what he is saying, he is now going to spend another 300bil on the private sector. Never mind the fact he already said he would tax bonus checks at 90%, he’s giving more money! You can’t trust anything he says, haven’t you learned that yet?

    SojournerNo Gravatar
    December 4th, 2009 | 10:26 pm | #17

    In related news ….’Obama discovers: ultimately true economic recovery is only going to come from the private sector..” LOL:
    http://www.thepeoplescube.com/images/TeaParties/L/Obama_Dizzy_Double_Large.jpg

    Just A Little Bit Of Difference « Tai-Chi Policy
    December 5th, 2009 | 8:13 am | #18

    [...] Just remember, spending is not the answer. [...]

    Blacque Jacques ShellacqueNo Gravatar
    December 5th, 2009 | 11:04 am | #19

    Question for Obama supporters: Had enough yet?

    AuntieMadderNo Gravatar
    December 5th, 2009 | 12:12 pm | #20

    It’s all been intentional, a plan calculated years ago and finally put into motion. Next there will be legislation that forces small business owners to hire more employees, forcing them to reduce wages of all employees and to reduce their take home pay. Most or all will be placed in a position to accept govt intervention, making them govt run or go belly up.

    BazaroWorldNo Gravatar
    December 7th, 2009 | 9:42 pm | #21

    Now remember all of you. BO is a Marxist. His idea of creating jobs isn’t the same as any normal American (excluding others like him). His idea of creating jobs is house energy saving projects (most of my customer can’t afford mortgages so won’t be helping here), tax incentives to small businesses (record numbers of small businesses gone under and the rest of us are losing money, so we don’t pay taxes on business losses, so no help here), same with business loans (who would loan to businesses losing money?)

    Then there is just good ol’ government spending for states (teachers & police etc.) and infastructure projects. His protege, FDR, had a chief finacial advisor say after 7 years of the ‘New Deal’ – one thing we learned, you can NOT spend your way out of this – (the Great Depression). Even Reagan proved cutting government spending fixed the problem. Reagan must have read some history books.

    So Ostupido wants to help unemployment? Maybe we could get someone to slip him some sodium penathol. It would just be interesting to get the truth from him if he really believes the crap that comes from his own mouth. So very interesting.

    Gateway Pundit
    December 9th, 2009 | 1:56 pm | #22

    [...] last week Barack Obama told the American public that government spending was not the answer. Comments [...]

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