Obama admits America is worse off under his presidency

(Saul Loeb/AFP)

President Barack Obama admitted Monday that the America he sought to lead four years ago is not better off now than it was then but — as is his style — stopped short of accepting the blame for the nation’s woes.

Said Obama in an interview with ABC’s George Stephanopoulos:

They’re not better off then they were before Lehman’s collapse, before the financial crisis, before this extraordinary recession that we’re going through.  I think that what we’ve seen is that we’ve been able to make steady progress to stabilize the economy, but the unemployment rate is still way too high.

Obama also conceded that he goes into his 2012 re-election bid as an underdog, saying “I’m used to being the underdog. But at the end of the day, people are going to ask ‘who’s got a vision?'”

A new Washington Post-ABC News Poll confirms that Obama faces problems with his re-election bid. Among those surveyed, 55 percent said Obama will be a one-term president while only 35 percent say he will win re-election.

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9 Responses

  1. Why so Mr. President…?!

    Could it be that prior to you inauguration you and your coterie of ‘close advisers’ began to martial a team of retreads and losers from past administrations that had engineered the very fix this nation found itself;I.E., higher unemployment, more jobs offshored, lame fixes such as your ‘recovery act’, uber-spendy statist friendly Obamacare at the expense of destroying Medicare, our continued presence in far off zones of ‘engineered’ conflicts, GITMO still in business and on goes the the indictment list against your fumbling, intentional or otherwise while occupying our nation’s highest office.

    I’ll provide a link to my “Rain on the Parade” piece I wrote for this site on January 20, 2009 concerning the losers this man surrounded himself via the “Red Ice Creations” link, supplying photo’s and profiles of his ‘advisers’ along with many not listed that have become his personal contigent of Constitutional and process circumventing ‘policy czars’.


    You sir, represent ground zero for America’s continued plight; yes much of it engineered by the Bushistas, but instead of turning the USS America about from a terminal encounter with a financial iceberg; you’ve ordered your madmen and women in the engine room to provide flank speed for our seeming voyage to the bottom along with other failed ’empires’ past.

    I’d recommend you resign your office, but unfortunately your second in command Joe Biden is a worse disaster than yourself along with ‘next in line’ Speaker of the House, John Boehner, all three of you, painful rocks in our national shoes.

    You and your sorry administration are best represented by these lines in these challenging times for the American Republic…


    The ceremony of innocence is drowned;
    The best lack all conviction, while the worst
    Are full of passionate intensity. …extract from “The Second Coming”, William Butler Yeats


    Carl Nemo **==

    1. Soooo…you’re less than impressed? Don’t hold back Carl, tell us what you really think…


    2. “…your coterie of ‘close advisers’ began to [martial] a team of retreads and losers from past administrations…” …my brackets

      Re: First sentence second paragrah should read:

      “…your coterie of ‘close advisers’ began to marshal a team of retreads and losers from past administrations…”

      My apologies for using the wrong word. Homonyms have a tendency to bite myself and others in the butt on occasion. : (

      Carl Nemo **==

  2. IMO – the day Obama took office – his first to actions as president should have been:

    Bust Ass to Repeal what Bush should have and didn’t:

    1. The Gramm-Bliley-Leach Act of 1999

    2. The Commodities and Futures Modernization Act of 2000.

    These Acts were create by Republicans, but signed into law by Clinton. And those who talked Clinton into signing off on these laws now work for Obama.

    Our lives would be substantially different today had Clinton not signed these bill, had Bush worked to repeal them…and Obama make it his sole job as president to have them repealed.

    These Acts have changed the way banking, insurance and market institutions can operate to the point of becoming too big to fail, create securities with money and assets not really theirs, and deregulate derivatives, which as turned aforementioned institutions into the most uncontrollable gamblers on the planet.

    Of course my post in no way defines all of the issues and problems caused by the enactment of the two laws above. But they have severely damaged our financial and economic health and have enhanced the power of these institutions beyond our imagination.

    There is absolutely no way that Obama didn’t know what these laws were about and the devastation they caused…the day he walked into office.


    1. You nailed it Gregg concerning two “acts” that have changed the face of this nation to one of hopelessness and abject poverty by unleashing the unholy forces of banking, brokerage and insurance creating a triumvirate of corruption.

      That’s no doubt why we hear the term “government Sachs” referencing as to owns and runs the crooked casino, once a free nation of both people and markets; I.E., the United States of America.

      Unless there’s a sea change concerning these criminally inspired acts, now law, there will be no recovery, but endless bubbles created for the benefit of the unsavory movers and shakers that now seemingly own America and its citizen/serfs lock stock and barrel.

      These usurpers are long overdue for having their collective perimeter rushed and overrun by “We the People” in order to reestablish our Constitutional Republic and the remediation of justice for all, under the law, regardless of how much money and power they may have acquired via these two bogus ‘acts’ that encourage ‘pirate capitalism’…! : |

      Carl Nemo **==

    2. Wow! You mean those things were passed before Bush became president? But, but, but…It’s all Bush’s fault!

      Vote Democrat!!!

      Oops…I’m a few years behind…My apologies.

  3. Now I’m flashing back to the miniseries version of *Lonesome Dove*:

    Reporter: “They say you’re a man of vision!”

    Woodrow F. Call: “Yeah. Hell of a vision.”

  4. “I’m a man of principles. And if you don’t like them, I have other principles.”….Groucho Marx.

    That in a nutshell describes Pres. Obama. The word amoral would not quite hit the mark. Perhaps “multi-moral” would. Either way, this president has been bad for the U.S. and the rest of the world.

    In my lifetime I’ve learned to respect, if not admire those with the courage of their convictions. Even if some people are crazy, at least they stick to what they believe in.

    I cannot, however, respect anyone whose morality is like flotsam, tossing back and forth in the surf. A campaign is supposed to reveal to voters what a candidate stands for, like it or not. In this, Mr. Obama was truly stealthy, if not Manchurian in character.

    “Comprehensive” this and “let me be clear” that tends to mask a vacuuous person constantly creating a vacuum. In my lifetime I thought up until the 90’s that Lyndon Johnson was the worst president I’d seen. Then Clinton came along and outdid Johnson. Then George W. topped both of them, and now Obama is a true superlative in mediocrity.

    Perhaps Doug is right and accurate to decry the state of our current political system. If this is the best that the two parties can produce in a time of critical crisis, I’m left in voter limbo.

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