Lauer Begs Barack to Say Economy's Headed to Recession

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Talk about talking down the economy! No fewer than three times today, Matt Lauer invited Barack Obama to declare that the U.S. economy is headed into recession. At the end of a "Today" interview that focused largely on Hillary-related issues and Iran, Lauer turned to the economy and pressed Obama to predict the worst.

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MATT LAUER: You've seen all the economic data, Senator Obama. Are we headed into a recession?

BARACK OBAMA: Well, I don't know that we're headed into a recession. What I know is that we've got some structural problems in our economy.

Obama proceeded to tick off a laundy list or problems: "war talk coming out of Bush administration, the housing crisis, and, of course, tax cuts for "folks who don't need it while ordinary families are struggling."

Even that last bit of class warfare wasn't enough to appease Matt.

LAUER: In the last 10 seconds, let me go back to that. Because as president of the United States it would be your job to get ahead of the curve on something like a recession. So let me ask you again, in your gut, do you think we're headed to a recession?

Obama trotted out the same notion that the economy has strengths but also weaknesses that need to be addressed.

Matt gave it one last try.

LAUER: Kind of a yes or no answer. You're not answering the question. Do you think we're headed to a recession?

OBAMA: Matt, I'm not going to predict that we're going into a recession. That would be, I think, irresponsible.

Lucky for Obama he didn't fall into Lauer's trap. Just an hour later, the Labor Department issued a surprisingly strong jobs report. As Dow Jones stated:

Shaking off fears about weakness in housing and credit, the U.S. economy created 166,000 net jobs in October, the best job growth since May, the Labor Department reported Friday.

The unemployment rate was steady at 4.7% as expected, the government said.

Job growth as measured by a survey of 400,000 businesses was stronger than the 93,000 expected by economists surveyed by MarketWatch.

—Mark Finkelstein is a NewsBusters contributing editor and host of Right Angle. Contact him at mark@gunhill.net.


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Recession or Depression

If I hear any more from Matt Lauer, I'm going to go into a depression. Pass the Valium.

___________________________________ 

If you can read this, thank a teacher. If it is in English, thank a Soldier. - My barber

The only thing that keeps

The only thing that keeps liberals going is bad news. Good news is bad news for all liberals, they are such hypocrites.

whatever happened to the

whatever happened to the "Where's Matt Lauer?" segment? 

With the booming, booming,

With the booming, booming, booming Bush economic boom continuing to boom and boom and boom (including a 3.9% growth rate in the last quarter!) Matt Lauer is praying to his earth goddess that an economic collapse occurs prior to the 2008 election, so that he then can better campaign for the Democrat party's candidates and  lobby for its thoroughly discredited Marxist/socialist economic theories.

deleted  

deleted

 

What friggin

What friggin hypocrisy.

In 2000, Bush mentioned on a stump speech that economy was slowing down, which by all economic factors was true. The media marxists such as Lauer and the perky one, along with the full onslaught of the democRATS had a cow that Bush was talking down the economy.

Matt, you are a joke and so is your whole news organization. No wonder GE is trying to put you on the selling block. Too bad Mr Murdoch doesn't buy you guys and shut you down.

There  is an idea. Buy

There  is an idea. Buy them out and shut them down. Will that also take care of PMSNBC and Overbit?  

Southern by birth, Tarheel by the grace of God!

What is wrong with

What is wrong with Matt Lauer? 

 

card holding member of the vast right-wing conspiracy

Matt Lauer

Nothing, he is a typical effeminate liberal morning news/talk show host. He and Jeff Zucker are on the same page.

Mark. Bet in 2000, Lauer would not have done that!

Well, it may not be fair to compare Lauer with Charlie Gibson, over at CBS -- but with a bit of research, I suspect that this could be sustained:

But back in Aug of 2000, when the DOW was off it's high by 1,100 points, the Nasdaq was down 58% from it's highs, unemployment claims were soaring, CA was in the midst of the Enron blamed energy crisis, the manufacturing index had been in a steep plummet and was nearing the low point in the cycle (continued down until April 2001); here's Gibson pushing the campaign of Al Gore because the economy is so strong:

"The Dow has tripled, we've gone from deficit to surplus,' and that this will give Al Gore a chance to talk about the economy, a new chance to talk about the economy." Aug 3rd, 2000.

What? The economy was dying in the moment, and heading into recession.

Many economists, even the MSM's favorite leftist economists, like Dean Baker, were - and had been - screaming about the dangers facing Americans (especially the working class), when that bubble collapsed. The reason that the federal (and states) budget deficit would quickly swing from surpluses to huge deficits was because of the historic bubble crash in we were still in the midst of; the reason millions of Americans would loose their jobs was because of what was happening in that moment. In fact, IBD put together a great chart this past year (with a little nudge from yours truly) - tells the picture:

Bush’s Big Chalenge: The Greatest Destruction of Wealth in U.S History

Back then, Gibson and the MSM choose to ignore the news of what was happening, and instead, kept pushing his view of the great news simply for the purpose of keeping the Democrats in the White House. This time, they are playing it the other way. Simply put - he either out and lied to the American people or was totally ignorant of the facts - take your pick. This site and the MRC has documented time and time again examples of how our media plays this game. They hide, or play down, the bad news during Democrat administrations; but during Republican administrations they hype up bits of bad news during good times, and  selcom report the good news - in fact when there is exceptional surprisingly good news, they always hype up the bad feelings that "some" ["but some say"] have.

Lauer stomping feet..

...and whining like a little girl: "Say recession.. Say recession....pleasssssse pleassssse say recession..please please please!! say recession.<pounding on table> RECESSION DAMIT!!!! SAY IT!!!!!

what a doof.

"There are two types of people in this country; those who provide freedom and those who enjoy it." MM says...

Lauer is a priss. I

Lauer is a priss.

I cannot stand him, never have.

Crap. You beat me to it.

Crap. You beat me to it.

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