Home > Uncategorized > Obama Reflects On Debt Fight: Didn’t Need This “Manufactured Crisis”

Obama Reflects On Debt Fight: Didn’t Need This “Manufactured Crisis”

“In the last few months, the economy has had to absorb an earthquake in Japan, the economic head winds coming from Europe, the Arab Spring and the rise in oil prices, all of which have been very challenging for the recovery. But these are things we couldn’t control. Our economy didn’t need Washington to come along with a manufactured crisis to make things worse. That was in our hands. It’s pretty likely that the uncertainty surrounding the raising of the debt ceiling for both businesses and consumers has been unsettling and just one more impediment to the full recovery that we need and it’s something we could have avoided entirely. So, voters may have chosen divided government but they sure didn’t vote for dysfunctional government. They want us to solve problems, they want us to get this economy growing and adding jobs,” President Obama said in the Rose Garden Tuesday afternoon after the debt ceiling deal passed in the Senate.

(Excerpt) Read more at realclearpolitics.com …

via Obama Reflects On Debt Fight: Didn’t Need This “Manufactured Crisis”.

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