Obama can Manage the Message; But Reality? On Day 100, Commerce Department Announces Grim Economic News

I’ll just bet President Obama was excited when he learned his own 747 “Air Force One” was buzzing New York because he has some exagerated belief that he controls a lot about what is going on.

Meet reality, Mister President.

The President may “control” the message much of the time but often his own departments will trample all over the message.

Today’s White House message is: we are doing a great job at day 100.

But over at the Commerce Department, whoa!  Truth to tell…

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WASHINGTON – The economy shrank at a worse-than-expected 6.1 percent pace at the start of this year as sharp cutbacks by businesses and the biggest drop in U.S. exports in 40 years overwhelmed a rebound in consumer spending.

The Commerce Department’s report, released Wednesday, dashed hopes that the recession’s grip on the country loosened in the first quarter. Economists surveyed by Thomson Reuters expected a 5 percent annualized decline.

Instead, the economy ended up performing nearly as bad as it had in the final three months of last year when it logged the worst slide in a quarter-century, contracting at a 6.3 percent pace. Nervous consumers played a prominent role in that dismal showing as they ratcheted back spending in the face of rising unemployment, falling home values and shrinking nest eggs.

Read the rest:
http://news.yahoo.com/s/ap/20090429/ap_
on_bi_go_ec_fi/us_economy;_ylt=AnDq6Dc
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jZTQ4dWtwBGFzc2V0A2FwLzIwMDkwNDI
5L3VzX2Vjb25vbXkEY3BvcwM0BHBvcwM
xMwRzZWMDeW5fdG9wX3N0b3J5BHNsaw
NlY29ub215c2hyaW4

Michelle:
http://michellemalkin.com/
2009/04/29/a-flickr-of-hope/

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One Response to “Obama can Manage the Message; But Reality? On Day 100, Commerce Department Announces Grim Economic News”

  1. Wally Says:

    Although I agree with you in that the incident over NY should not have taken place and it was made in poor choice I don’t think that we need to point the finger at the president. Reading the article yesterday about what happened the director of Army at the white house took the blame; however, he also said that federal and state officials were notified about the what is going to happen. Someone dropped the ball somewhere, but I we should not blame the president for it.

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