President Obama takes responsibility for voters' frustration

[News_Editor]

President Obama takes responsibility for voters' frustration

2010-11-04 07:35:41 GMT+7 (ICT)

WASHINGTON D.C. (BNO NEWS) -- U.S. President Barack Obama on Wednesday said that he takes responsibility of the results of the general election that resulted in the Republicans gaining majority in the House of Representatives.

"People are frustrated -- they're deeply frustrated -- with the pace of our economic recovery and the opportunities that they hope for their children and their grandchildren. They want jobs to come back faster, they want paychecks to go further, and they want the ability to give their children the same chances and opportunities as they’ve had in life," Obama said at a press conference at the White House.

Obama said that the American people expect that the government work for them and spend their tax dollars wisely in an open and honest manner. However, the progress achieved so far has not being felt by the citizens, according to Obama and added that in order to speed up such process, Democrats and Republicans would need to work together.

"I'm not suggesting this will be easy. I won't pretend that we will be able to bridge every difference or solve every disagreement. There's a reason we have two parties in this country, and both Democrats and Republicans have certain beliefs and certain principles that each feels cannot be compromised."

The U.S. President said that his administration will focus on the issues that affect jobs, security and the future of Americans. Such issues are reducing the U.S. deficit, promoting a clean energy economy, ensuring excellent education for children, and making investments in technology that allow the U.S. to continue as global leaders.

Some Republicans said during campaigning that once they reached the House they will asked for repealing the health care reform but Obama said that he does not consider this a threat and still believes he has done the right thing. He also warned that spending the next two years fighting over the health care reform will only block other significant issues and initiatives.

"I think we'd be misreading the election if we thought that the American people want to see us for the next two years relitigate arguments that we had over the last two years.Now, if the Republicans have ideas for how to improve our health care system, I’m happy to consider some of those ideas."

Obama on Tuesday night called U.S. Representative John Boehner, Senator McConnell and Representative Nancy Pelosi. The U.S. leader told them his desire to work with the Republicans to find common ground and get things done for U.S. citizens.

"The most important contest we face is not the contest between Democrats and Republicans. In this century, the most important competition we face is between America and our economic competitors around the world. To win that competition, and to continue our economic leadership, we’re going to need to be strong and we’re going to need to be united."

The President said that other countries have been advancing at an impressive rate, like China, and threatens the U.S. economy and position as they are now capable of manufacturing products instead of exporting them from the U.S.

In regard to the "Don't say. Don't tell" policy, Obama said that he does not believe that the measure will not be approved. Republicans have blocked the initiative and with the newly-gained majority analysts believe that it won't be passed in Obama's remaining years at the White House.

Obama also defended some of the policies and decisions he has taken as he said that the situation called for emergency measures as the United States were on the path towards a second Great Depression.

-- © BNO News All rights reserved 2010-11-04

[Jingthing]

"The most important contest we face is not the contest between Democrats and Republicans. In this century, the most important competition we face is between America and our economic competitors around the world. To win that competition, and to continue our economic leadership, we're going to need to be strong and we're going to need to be united."

That is so right and the USA is so screwed, because we are most certainly NOT united. The voters have effectively castrated the government in this election from taking any action on the economy. The only person who can try to save the day now is Bernake of the fed, and that is just too much to expect from one man (and of course he can't effect legislation).

With the two chambers of Congress split between Democrats and Republicans, the conventional wisdom likely to be repeated over the next few weeks is that political gridlock is good for the economy. While often true, that is not the case today.

Such thinking is based on the view that political gridlock inhibits or paralyzes economically unproductive government actions. With government out of the way, it follows that the private sector can allocate capital to the most productive uses.

But this view is most applicable to a private sector that is in good shape - businesses and households with robust balance sheets, positive cash flow and access to credit. In such a world, the path of least resistance translates into higher economic growth and jobs.

http://www.washingtonpost.com/wp-dyn/content/article/2010/11/02/AR2010110207877.html

[phaethon]

Okay... so President Palin it is in 2012. The only question is will it be Vice-President Beck or Schwarzenegger?

You have to hand it to the Republicans: Get a moron elected president, wreck the economy so the inevitable Democrat follow-up takes the heat and then get a 'Get Into the White House Free' card for any knuckle-dragging, halt-witted, shaved-monkey you can drag out of the back woods and nominate. It's bordering on genius.

[Jingthing]

Okay... so President Palin it is in 2012. The only question is will it be Vice-President Beck or Schwarzenegger?

You have to hand it to the Republicans: Get a moron elected president, wreck the economy so the inevitable Democrat follow-up takes the heat and then get a 'Get Into the White House Free' card for any knuckle-dragging, halt-witted, shaved-monkey you can drag out of the back woods and nominate. It's bordering on genius.

Actually, putting up Palin is a democrat's wet dream. She will be the easiest to beat of any of their big names and that don't have all that many big names to begin with. If the tea-party-publicans (yes the tea party has been absorbed) were smart (hoping they aren't) they will put up a little known but steady rational man like Pawlenty of Minnesota. Then their odds to win would be excellent. But the tea party people will be pushing for extreme right wing and probably more irrational choices.