Obama: ‘We tried our plan — and it worked!’

0 Posted by - July 24, 2012 - Career & Business, Economics, Elections, Money

r620 6a51b8b8b6a49f97185fe877ccabecc3 300x216 Obama: We tried our plan    and it worked!Discussing his economic policies at a fundraiser in Oakland,  California, last night, President Obama, told supporters that “we tried our plan — and it worked.”

“We tried that and it didn’t work,” Obama said of Mitt Romney’s proposed tax cuts and spending cuts, which he dismissed as a Bush-style “top down” economic policy.  “Just like we’ve tried their plan, we tried our plan — and it worked,” he added later in the speech.  “That’s the difference. That’s the choice in this election.  That’s why I’m running for a second term.”

Obama made these comments in Oakland, where the unemployment rate was 13.7 percent in May 2012. The national unemployment rate is 8.2 percent — up from 8.1 percent in May — for the second straight month.

CONTINUED at the Examiner.

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