The private sector is doing fine. Where we’re seeing weaknesses in our economy have to do with state and local government. Oftentimes cuts initiated by, you know, Governors or mayors who are not getting the kind of help that they have in the past from the federal government and who don’t have the same kind of flexibility as the federal government in dealing with fewer revenues coming in.If Republicans want to be helpful they'll be sure to vote in November.
And so, you know, if Republicans want to be helpful, if they really want to move forward and put people back to work, what they should be thinking about is how do we help state and local governments and how do we help the construction industry?
- president Barack Obama
Friday, June 08, 2012
Maybe the first three letters of "economics" and "ecostatism" being the same are confusing the president. He thinks the "private sector" is Solyndra, ethanol subsides and windmills. You know, the corporatist whores to whom he's given a hundred billion dollars, and who keep going bankrupt.