around. so i think that obama can take responsibility for that, and he is, and he rightfully should. megyn: marc, this seems to be how it s going to go if romney becomes the nominee. he s going to say the president gets no credit for t.a.r.p. because he didn t do it, and with respect to the stimulus, he gets no credit because it didn t get us out of this jam. kirsten cites facts president obama will surely use, the investors business daily argue says the recession ended in 2009, and just 15% of the stimulus money had gone out of the door at that point. the gdp had stopped freefalling long before the stimulus even kicked in the. yeah. as obama said, the shovel-ready projects weren t so shovel ready. there s a stanford study that says most consumers put the money towards savings, and the states used it to put off to borrow less. it didn t put money out the door to get consumers and businesses spending again, it just didn t work.
but we have half the labor force now we did then. automation is not an excuse. and really that s not the reason why people are not hiring. would you agree that some people, small businesses and big, are worried about healthcare costs for employees? yeah. well, the reason why this recession just goes on and on and on is the uncertainty created by the government. your healthcare costs not just for companies, but they are also worried about labor unions, rules being changed by the n.l. rb, they are worried about carbon restrictions, they are worried about higher taxes, and with those kind. overhangs, who is going to make a business decision to expand? by the way i love the joke he cracked about these projects weren t shovel ready. funny you mention that. hold on, we will play the jokes so you can explain it. shovel ready was not as
been heard there. sean: let me ask you. we just played president obama mentioning shovel-ready jobs weren t as ready as we thought. the people around him are laughing. and i m thinking, you know something, what about we have 9.1% unemployment. real unemployment is much higher. his policies have failed. every metric he s in the polls and he s making jokes that his trillion dollar stimulus failed. what did you make of that? it is an admission of failure. when the president says the shovel-ready projects weren t exactly shovel-ready that s an admission of failure. like you mentioned the president said it was a bump in the road to have 9.1% unemployment. that isn t a bump in the road. that s the grand can in the middle of the road. the recent story came out that the president hasn t sat down and met with his economic advisers since april. what this shows is the president has taken his eye off of the number one issue of
been heard there. sean: let me ask you. we just played president obama mentioning shovel-ready jobs weren t as ready as we thought. the people around him are laughing. and i m thinking, you know something, what about we have 9.1% unemployment. real unemployment is much higher. his policies have failed. every metric he s in the polls and he s making jokes that his trillion dollar stimulus failed. what did you make of that? it is an admission of failure. when the president says the shovel-ready projects weren t exactly shovel-ready that s an admission of failure. like you mentioned the president said it was a bump in the road to have 9.1% unemployment. that isn t a bump in the road. that s the grand can in the middle of the road. the recent story came out that the president hasn t sat down and met with his economic advisers since april. what this shows is the president has taken his eye off of the number one issue of