Article

2010-12-10 Economy

White House: U.S. at risk of double-dip recession

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Fred 2010-12-10 00:00|| || Front Page|| [11133 views ] Top

#1 Looks like he's outgrown his "Blame W" days.

Posted by gorb 2010-12-10 01:21|| 2010-12-10 01:21|| Front Page Top

#2 This is Summers not Obama.

Still, the admission that reducing taxes is good for the economy is a major problem for the Left.

Posted by Lord Garth 2010-12-10 04:48|| 2010-12-10 04:48|| Front Page Top

#3 ...who's existence is predicated upon 'tax and spend'.

Posted by Procopius2k 2010-12-10 07:36|| 2010-12-10 07:36|| Front Page Top

#4 Summers says positive reviews coming in from economists show the deal is the right thing to do
Posted by:Fred

Are these the same "economists" who gave us the stimulus in all it's many and productive forms??

Posted by WolfDog 2010-12-10 10:07|| 2010-12-10 10:07|| Front Page Top

#5 Summers wouldn't say it without Obean's approval.

And even if the Dems can't tax, that doesn't mean they can't continue to spend. Which they will until stopped.

Posted by gorb 2010-12-10 10:07|| 2010-12-10 10:07|| Front Page Top

#6 A double-dip recession refers to a recession followed by a short-lived recovery, followed by another recession. However, there has been NO recovery, just flim-flam, stimulus spending to give the impression of a recovery. We have been in the Great Recession since 2007 or so.

Posted by Anguper Hupomosing9418 2010-12-10 10:13|| 2010-12-10 10:13|| Front Page Top

#7 Obullshit's at the "Write three letters" Stage of his "Reign".

Posted by Redneck Jim 2010-12-10 11:08|| 2010-12-10 11:08|| Front Page Top

#8 However, there has been NO recovery

I guess they are using the term "double-dip recession" because it sounds better than using the term "being only halfway through this recession".

And yes, in case you've been living under a rock (i.e.: in the WH), those "recovery" indicators they've been touting are total crap.

Posted by gorb 2010-12-10 12:42|| 2010-12-10 12:42|| Front Page Top

#9 I guess this means the 4-6 million new (or saved) Obama Administration jobs are not arriving anytime soon?

Posted by Besoeker 2010-12-10 17:09|| 2010-12-10 17:09|| Front Page Top

#10 drudgereport.com and has an article about how Obummer just turned a White House press briefing over to Bubba Clinton. Bubba expounded on the need for the tax cuts while the bummer walked out, saying he had to go to a party. Walked out and left Bubba at the podium!

What was it that Truman said..."If you can't take the heat, call Bubba?"

Posted by Ebbang Uluque6305 2010-12-10 18:16|| 2010-12-10 18:16|| Front Page Top

#11 What had he and Bill been discussing? His position in the next Clinton administration? Cause he sure is looking like one 'n done.

Posted by Nimble Spemble 2010-12-10 18:27|| 2010-12-10 18:27|| Front Page Top

#12 #11 What had he and Bill been discussing?

How lovely and pleasant their wives are?

naaaaaahhhhh....

Posted by Frank G 2010-12-10 18:43|| 2010-12-10 18:43|| Front Page Top

#13 I liked one of the comments:, "Help me Bubba-Wan. You're my only hope".

Posted by Deacon Blues 2010-12-10 18:50|| 2010-12-10 18:50|| Front Page Top

#14 Obama One-Term Con-Jobby?

Posted by Bright Pebbles 2010-12-10 19:33|| 2010-12-10 19:33|| Front Page Top

#15 To those who say 'Is Palin the best you can come up with..', it appears the Clintons are the best they can come up with. So, how's that 'anyone but Clinton' crowd in Donkland feeling now? /heh

All together now...

Posted by Procopius2k 2010-12-10 20:49|| 2010-12-10 20:49|| Front Page Top

00:02 JosephMendiola
23:49 trailing wife
23:42 JosephMendiola
23:25 JosephMendiola
23:19 Black Charlie Chinemble5313
23:16 Hank
23:15 Hank
23:15 JosephMendiola
23:09 JosephMendiola
21:14 Water Modem
20:58 newc
20:50 Alistaire Ulunter8599
20:49 Procopius2k
20:39 Rambler in Virginia
20:31 newc
20:25 Secret Asian Man
19:57 Knottie
19:48 Dale
19:43 Redneck Jim
19:38 Procopius2k
19:33 Bright Pebbles
19:21 Alaska Paul
19:10 trailing wife
18:59 Sgt.Mom