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Obama Now Owns Bush's Broken Economy

July 02, 2009 3:27 PM

America lost 467,000 jobs in the month of June.  The sharp job loss that began during George Bush's presidency continues on Obama's watch.  The new administration pushed through a stimulus plan aimed at jump starting hiring.  But after fighting for three quarters of a trillion dollars in stimulus for the states the administration has yet to see much in the way of job creation.  The issues with the economy run deep and took a long time to develop but pressure is mounting on the administration and the stimulus.  Rick Klein in The Note:  "Think this isn’t something they’re thinking about at high levels inside the West Wing? Said Vice President Joe Biden, on a conference call with local officials: “My rear end is on the line, just like yours,” Biden said, per Time’s Michael Scherer. “I’m the guy in charge of this deal. So if it doesn’t work, it’s me.”" 

July 2, 2009 | Permalink | Share | User Comments (22)

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Couldn't you just see Obama setting the pace right from day one when he held those over the top, lavish inaguration events that we payed for?

I am actually scared thinking of how big a mess he can make in 4 years.

Posted by: Wendy | Jul 5, 2009 11:16:19 PM

Just remeber that the Dems had control of Congress the last 2 years of Bush's term. Congress makes the laws. Bush fought many of the laws passed in his last 2 years, but with the help of a few spinless Repuplicans, most of the economies problems started with the Dem lead congress 2 years ago and only gets worse now. Nov 2010 is our earliest time to vote ourselves out of this mess. Start writing your congressman now and tell them you are watching and will vote come Nov. 2010

Posted by: Marc | Jul 6, 2009 8:20:21 AM

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