iBankCoin
Joined Nov 11, 2007
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Obama criticized for poor economy

President Obama experienced push back on his visit to the West Coast, as citizens voiced disappointment with the economic recovery and lack of jobs. While plenty understood that deficit reduction is imperative to the long term stability of the country, many also wanted to know what was being done to help spur the economy on to job growth.

An audience member at Obama’s town hall meeting Wednesday at Facebook headquarters in Palo Alto, Calif., summarized how the increased attention on red ink looks to the public.

“At the beginning of your term you spent a lot of time talking about job creation and the road to economic recovery,” the questioner told the president. “Since then, we’ve seen the conversation shift from that of job creation and economic recovery to that of spending cuts and the deficit.”

Malcontent was also voiced on the state of the housing market and its persistence.

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