President Obama: The Economy is suffering because of ATM's.
Is President Obama truly this clueless of how our economy works? Well, Yes, yes he is. The last three years of the Obama Recession has taught us one thing really well. Obama does not know how America works. His statement recently on why America's Economy is slow shows his ignorance.
There are some structural issues with our economy, where a lot of businesses have learned to become much more efficient, with a lot fewer workers. You see it when you go to the bank and use an ATM -- you don't go to a bank teller. Or you go to the airport, and you're using a kiosk, instead of checking in at the gate." President Obama
I guess the thousands of workers BUILDING those ATMs and Kiosks and those hundreds of workers that service that equipment don't count in his view.
DNC Chairperson Debbie Wasserman Schultz said recently in a spate of honesty that the Democrats "Own the Economy".
"“We own the economy. We own the beginning of the turnaround and we want to make sure that we continue that pace of recovery, not go back to the policies of the past under the Bush administration that put us in the ditch in the first place,”
So three years of unprecedented spending and racking up more debt then anyone before them, they finally admit their failure. They should because blaming the past administration, although well deserved, pales in comparison to the spending recklessness that this administration and crop of politicians have done to us.