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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsObama Says Job Market May ’Stall’ Due to Budget Cuts
President Barack Obama told a group of Democratic donors in Atlanta that the economy and job market could falter as a result of the automatic spending cuts that went into effect March 1.
Because of some policies in Washington, like the sequester, growth may end up slowing, Obama said at a luncheon for the Democratic Senatorial Campaign Committee. We may see once again the job market stall.
The president was in Atlanta to give the commencement address at Morehouse College and he told the donors that while he was energized by the spirit of the graduates they are entering into a job market that is still challenging.
http://www.bloomberg.com/news/2013-05-19/obama-says-job-market-may-stall-due-to-budget-cuts.html
graham4anything
(11,464 posts)oops
believing in this article, means that the market is doing good
which those other media/altmedia articles state is not true
oops
oops
oops
can't have a stall unless one has a horse in the first place
You gotta believe!
bowens43
(16,064 posts)DonCoquixote
(13,616 posts)The same people whop slam Obama are the same people that would slam him if a bunch of billionaire fed congress whore just kept saying no no no knowing their patrons bought the elections for them.
woo me with science
(32,139 posts)He could have avoided it by rejecting the whole premise of the false crisis.
I swear some people think we have no memories. The whole purpose of the elaborate One Percent Theater of the debt ceiling faux crisis Shock Doctrine fiasco was to set up the meat ax of the sequester, and Obama PARTICIPATED. Many of us saw through the whole bloody charade back then and warned that the goal of both corporate parties was to set in motion a chain of events to which either AUSTERITY or AUSTERITY was the only possible solution.
And pssssst. Guess what?
We were right.
"He could have avoided that how?" Sheesh.
Puzzledtraveller
(5,937 posts)DonCoquixote
(13,616 posts)then he would have lost the election as wall street would crash and blame it on him, taking millions along with him.
fasttense
(17,301 posts)to be the employer of last resort. Maybe he needs to do something about employing the 101 million working age Americans without jobs. Just maybe.....or he could continue to do NOTHING about all the unemployed.
woo me with science
(32,139 posts)K&R
forestpath
(3,102 posts)spanone
(135,907 posts)GoCubsGo
(32,098 posts)A stalled market will cost them money, and that's all they really care about. I guarantee you they'll find a way to make sure it doesn't stall. Anything that affects THEIR pocketbooks will get fixed, to hell with the rest of us.
woo me with science
(32,139 posts)The beauty of the One Percent Takeover is that the Elite One Percent gets to impoverish all 99 percent of us, regardless of party. The difference is that the Red Team segment of the impoverished is being told by their half of the corporate media that it is all the Blue Team's fault.
spanone
(135,907 posts)woo me with science
(32,139 posts)that Republicans are the *only* ones to blame.
Oh, it's a clever game they've got going, for sure...