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Dependency Nation The Morning Flap: January 27, 2012

Graphic from Investors Business Daily

These are my links for January 26th through January 27th:

  • Obama admits his presidency has been flawed… but claims economy is stronger – Barack Obama said he makes mistakes on an hourly basis as President but stood firmly behind his administration’s work in bolstering the U.S. economy and jobs market.

    The President was in Las Vegas to champion investment in clean energy, declaring the U.S. ‘the Saudia Arabia of natural gas’ in a speech to UPS workers.

    However in an interview with ABC News’ Diane Sawyer last night, he said: ‘I second-guess constantly… I make a mistake, you know, every hour, every day.’

    He added: ‘But when you look at the broad outlines of what we did, had it not been for the steps we took our economy would be profoundly weaker than we are right now.’

    Obama spoke at a Las Vegas UPS center to showcase a refueling station that will permit vehicles that use liquefied natural gas to travel from the Port of Long Beach to Salt Lake City. The station was built with help from Obama’s 2009 economic stimulus plan.

    He also announced the sale of oil and gas drilling leases for nearly 38 million acres in the Gulf Coast and promoted the completion of a highway corridor for vehicles that run on liquefied natural gas, a response to critics who say his policies have stifled domestic energy production.

  • Obama: Bush Is Food Stamp President, Not Me – “First of all, I don’t put people on food stamps. People become eligible for food stamps. Second of all, the initial expansion of food-stamp eligibility happened under my Republican predecessor, not under me. Number three, when you have a disastrous economic crash that results in 8 million people losing their jobs, more people are going to need more support from government.”

 

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