Muscatine

Slow economy? Obama blames ATM's

Posted in: Muscatine
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  • mallory
  • Respected Neighbor
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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 can't get these links to work.   Have I been banned from foxnews?
Have they gone out of business?

Quote: "Do you ever check these people out on Google or some other source?" If you are research limited mall....just Google the subject matter....its all over the internet. Nobama is a moron.

 

(Of course, davie has no clue that if one does a Google search for something and gets a list of sites for research; that five minutes later when someone else does the same search, a whole new list of websites can come up.)

Undecided

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  • mallory
  • Respected Neighbor
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  • Respect-O-Meter: Respected Neighbor

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.

 


Banks have found it more economical to pay for the labor, material, construction and installation of ATM's than pay a teller to hand out paper money.   So I think the jobs lost are greater than the jobs gained.

It would be interesting to see how you try to prove otherwise.

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