Obama Launches His Bus Tour With "Stunted Economy" and Terrible Approval Numbers
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It’s little wonder that the president feels the need to try and change the conversation, given that so much of it has been about the unfortunately struggling economy and his sagging poll numbers.
For instance, USA Today reports, “The chances of the economy slipping into another recession have risen significantly, and forecasts for economic growth and job gains over the next year have been substantially downsized, according to USA TODAY’s quarterly survey of top economists. The 39 economists polled Aug. 3-11 put the chance of another downturn at 30% — twice as high as three months ago, according to their median estimates. That means another shock to the fragile economy — such as more stock market declines or a worsening of the European debt crisis — could push the nation over the edge. Yet even if the USA avoids a recession, as economists still expect, they see economic growth muddling along at about 2.5% the next year, down from 3.1% in April’s survey. The economy must grow well above 3% to significantly cut unemployment.”
And the Los Angeles Times wrote yesterday, “President Obama’s summer woes have dragged his approval rating to an all-time low, sinking below 40% for the first time in Gallup’s daily tracking poll. New data posted Sunday shows that 39% of Americans approve of Obama’s job performance, while 54% disapprove. Both are the worst numbers of his presidency.”
Sen. Pat Toomey (R-PA) summarized the situation in the Weekly Republican Address on Saturday, saying, “President Obama inherited a weak economy, but by nearly every measure, he has made the economy worse. Over two years ago, his administration told us that passing his $787 billion stimulus bill would keep unemployment below 8 percent. Instead, since the stimulus was enacted, our economy has lost more than 1.3 million jobs and the unemployment rate has averaged over 9 percent.
“Today, fewer people are working; gas prices are higher; home values are lower; wages are weaker; healthcare is more expensive; taxes are heading higher and our federal deficits are much larger than when President Obama took office. Clearly, the policies of this administration are not working.”
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Posted by Bill Smith at 3:23 PM - Post Link
10 Comments:
$2 million bus and he's campaigning.. Our tax $$ at work folks
Yes Jackie and I would like to see a photo of that 2.5 million $$ bus that we paid for!! What a sham.
The President doesn’t take directions from the American people. He made that crystal clear when he passed...
- Obamacare;
- The So-Called "Stimulus"; and
- "Financial Oversight" legislation
And so, while 14 million Americans are unemployed — while the national debt is at an unprecedented 14.6 trillion dollars and climbing — while his approval rating has fallen below 40% — and while 73% of Americans are telling him to TURN THE BUS AROUND, President Obama isn’t going to listen.
Because you see, the President doesn’t have a plan on how to bring this country back from the brink of economic disaster. What the President does have, and all he’s been listening to, is a navigation system: Harry Reid, Nancy Pelosi, and the rest of the Democrat elite in Washington telling him where and when to turn.
And unless we are able to stop them, they are going to direct the President, and the over 300 million Americans forced along for the ride, off a cliff.
[Comment via Email]
Bill - did you see that they spent $1.1 million to buy a new bus for Obama's 'non-campaign' tour through the Midwest?
WHY ARE TAX PAYERS PAYING FOR THIS (I DO NOT WANT TO)
http://tpponline.blogspot.com/2011/08/new-buses-for-obamas-tour-cost.html
Maggie, No - missed the figure but knowing the Gov't, expect the would purchase an armored bus.
Oh - and that bus? built in Canada....
@Maggie they bought two one will be for the eventual GOP candidate as well.
Sonny Black - why is the government purchasing a bus for the GOP candidate? Or any candidate for that matter? Have they done this before? Does this count as a campaign contribution then?
It's a national security issue the leased buses they used b4 didnt have bullet proof body these one do. This is government purchase not a campaign donation.
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