Obama: Economy Is 'Back From the Brink'

From Fox News:

"It's safe to say we have stepped back from the brink, that there is some calm that didn't exist before," Obama told donors and celebrities at the Beverly Hilton Hotel. He said the stimulus bill that Congress passed three months ago is starting to improve the economy. . . .

See the various links that I have regarding the "stimulus." Obama exaggerated how bad things were and now he and the press are exaggerating how good things are.

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Blogger John R. said...

So if things get significantly worse, will the media paste the "Back from the Brink" comment on him like they did Bush's "Mission Accomplished?"

5/29/2009 9:15 AM  
Blogger Matthew Mulligan said...

Okay... lets let the Chosen One have this argument. When we hit double digit inflation and double digit unemployment as a result of this Stimulus spending, will the media allow Obama apologists to again blame GW Bush?

Obama's tax policies - including the VAT proposals - only stand to make things worse. Even states are now getting into the strange world of taxing weird things. (for a list of the top ten taxation policies , you can go to: http://firstconservative.com/blog/political-humor/political-humor-creative-taxation )

5/29/2009 11:30 AM  
Blogger Unknown said...

I think I read somewhere last April that the recession was a media myth. Honestly it feels a little more real than that. I think Obama took the back from the brink line from a Krugman column. I don't think anyone is claiming things are good - they are claiming that it could have been a whole lot worse.

5/30/2009 12:20 AM  

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