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Economy Not So Bad, Obama Says: Then How About We Cancel the Stimulus?

By Matthew Vadum on 3.13.09 @ 12:44AM

President Obama now admits the economy isn't really as bad as he said it was last month when he was trying to stampede Congress into embracing his bloated so-called stimulus package.

"I don't think things are ever as good as they say, or ever as bad as they say. Things two years ago were not as good as we thought because there were a lot of underlying weaknesses in the economy. They're not as bad as we think they are now," he told business leaders Thursday.

This stands in stark contrast to the president's tone on Feb. 4 when he was forecasting economic Armageddon if Congress didn't give him everything he wanted immediately: "A failure to act, and act now, will turn crisis into a catastrophe and guarantee a longer recession, a less robust recovery, and a more uncertain future."

Given that things are now, unlike in February, looking so rosy, how about we rescind the stimulus funding? After all, the president now suggests we don't really need it.

View all comments (8) | Leave a comment

Angel| 3.13.09 @ 1:26AM

First Lady Michelle Obama said that the President is gradually weaning himself from the teleprompter: He doesn't need it to tuck the girls in at night anymore. Robobama.

stefie| 3.13.09 @ 7:07AM

I don't believe a thing that comes out of that purple lipped charlatans mouth. He makes me sick.s A true viseral reaction to what he is doing to this country.

JG| 3.13.09 @ 9:21AM

Given that the economic "crisis" required the stimulus in order for it to be fixed, but it also facilitated the push for nationalizing health care and more education "reform", can he rescind those actions as well?

Apparently, by doing a complete 180 on the "crisis" level on the economy, its become apparent that either a) Obama has no clue what he's doing or b) the politicization of the Oval Office (a la Karl Rove) continues. You know, that which the Left despised so much? Looks like Axelrod is the new Rove and is calling the shots and checking his polling data by the hour.

Pathetic.

ECM| 3.13.09 @ 9:33AM

Wait, are you saying that the Oval Office wasn't politicized during the Clinton years? Really?

ster| 3.13.09 @ 11:05AM

I predicted this. As soon as the stimulus and omnibus bills passed, all of a sudden, his rhetoric would turn positive. It only took two days. Wow.

This is circumstancial proof that he was purposely talking down the economy to get his spending bills and earmarks passed. Now that's done, he'll talk up the economy.

IMHO that's just shy of treason.

Rakehell| 3.13.09 @ 3:26PM

There are 12.5 million out of work, probably 13 million by the end of this month. That's the reason for the stimulus. The stimulus is the reason he said what you linked - now that it has passed there might be a light to see the end of the tunnel with. Prior to that, no end to the decline could be seen.

If Republicans had their way everyone would be out of work, but they would've gotten another tax cut on their by then non-existant incomes.