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Transcript: Obama´s press conference
on spending cuts

CNN, by Staff

Original Article

Posted By:JoniTx, 3/1/2013 3:21:03 PM

President Obama stepped into the White House Press Briefing Room to give a statement and take questions about the forced spending cuts scheduled to begin Friday. Find a transcript of the press conference after the jump. Obama: Good morning, everybody. As you know, I just met with leaders of both parties to discuss a way forward in light of the severe budget cuts that start to take effect today. I told them these cuts will hurt our economy. They will cost us jobs. And to set it right, both sides need to be willing to compromise. The good news is

      


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Reply 1 - Posted by: Whamdbambam, 3/1/2013 3:24:12 PM     (No. 9203261)

It´s a real shame he didn´t come with a mute button.

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Reply 2 - Posted by: Really?, 3/1/2013 3:26:24 PM     (No. 9203266)

..........as a Christmas Turkey.

So he says, in the coming months we will know that whatever the jobs numbers are, we´ll KNOW that they could be alot better if we didn´t have the sequester.

Just like jobs "saved".

Pure BS.

This guy acts like child. God help us.

MAYBE someone will learn from Woodward´s experience.

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Reply 3 - Posted by: farmwife, 3/1/2013 3:44:57 PM     (No. 9203313)

I think he deliberately changed the ´goal posts´ to something Republicans couldn´t live with because he wants the sequester to happen. He saw the economy was going back into recession, and he needed some way to blame someone else for it. Viola! Sequester!

We had negative growth last quarter and were well on our way to negative growth again, and he knows it. No matter what the Republicans did, we´re going into recession, and they will get the blame. They figured they might as well get some spending cuts out of it.

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Reply 4 - Posted by: pineledger, 3/1/2013 3:47:16 PM     (No. 9203316)

The original Drone.

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Reply 5 - Posted by: gesundheit, 3/1/2013 4:40:03 PM     (No. 9203406)

Today the Sequester went into effect and the Dow Jones Industrial Average rose 38 points.

That´s because investors are happy that the government is finally doing something about our heretofore out-of-control deficit.

The Republicans deserve praise for standing firm, not attacks from Obama.

If a recession comes, it will be known as the Obama Recession because recessions are named after presidents. But if the economy recovers, Obama will not be able to take credit because of his hysterical predictions that doom would result from the Republicans´ support for the Sequester, which might be just the thing that was needed to restore investor confidence and give a boost to the economy.

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Reply 6 - Posted by: JustRight, 3/1/2013 4:43:28 PM     (No. 9203416)

Keep looking for it but can´t find the part where he mentions the billions he has thrown away on hare-brained solar panel, battery, and wind energy schemes that have flopped.

The only thing he knows is tax, tax and more tax.



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Reply 7 - Posted by: oh-heck, 3/1/2013 5:37:52 PM     (No. 9203512)

He only answered something like 5 questions. All of them asked more or less politely when he was going to lead. As can be judged by the length of the answers, no time soon.

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Reply 8 - Posted by: Heraclitus, 3/1/2013 6:15:36 PM     (No. 9203560)

Hey! How about: just where did the TRILLION dollars of the so-called "stimulus bill" go?

Come to think of it, now that BO adds the "well-connected" to his parade of The Rich horribles, what about all those Friends of BO who were recipients of millions totalling billions of tax-payer dollars (borrowed, of course, but owed by us)?

Let´s not forget that we´ve been told that a decrease in household income, higher prices for necessities (like food) and gas (and heating oil), etc etc etc, is THE NEW NORMAL.

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