Muscatine

Slow economy? Obama blames ATM's

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  • nedl
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  • Muscabamastan
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Earlier in the week, at a jobs council meeting, the president was called out for saying that "shovel-ready projects' weren't quite as shovel-ready as he thought. Then later, in an interview with NBC News, Obama suggested that innovation and technology -- like job-stealing ATMs -- were reasons why the employment rate was not rebounding as quickly as he had hoped. 



Read more: http://www.foxnews.com/politics/2011/06/16/revenge-machines-obama-mocked-for-blaming-slow-recovery-on-atms/#ixzz1PXDr2emk

 
 
 
 

I've never heard a US President blame technology and efficiency for the woes of his current economy. I got my first ATM card in the 90's. ATM's are everywhere now. However, people got jobs building, installing, and maintaining them, didn't they nobama? Likely more than jobs lost at banks.

 

Next, are you gonna blame the auto industry you bailed out with our money, because they indeed had many jobs lost with automation of that industry? Guess nobama needs to read his own monthly jobs report.

 

Shall we discuss the economic pitfalls caused by the invention of teleprompters?

I've never heard a US President blame technology and efficiency for the woes of his current economy. I got my first ATM card in the 90's. ATM's are everywhere now. However, people got jobs building, installing, and maintaining them, didn't they nobama? Likely more than jobs lost at banks.

 

Next, are you gonna blame the auto industry you bailed out with our money, because they indeed had many jobs lost with automation of that industry? Guess nobama needs to read his own monthly jobs report.

 

Shall we discuss the economic pitfalls caused by the invention of teleprompters?


or perhaps the brain drain!

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  • hiroad
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Yep, I remember when the fuel injectors put the carbeurator industry out of business.  No one had jobs for years!!!!

And when Henry Ford killed the buggy whip companies, little children starved.

Not to mention penicillin and the Watkins men.

The Obumbler sure must have been studying economic history lately!?!?

We sho lucky to hab him.

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