Obama Blames ATM Machines For High Unemployment Rates . . . Wait, Did He Say ATM Machines?
Yes, yes he did.
President Obama explained to NBC News that the reason companies aren’t hiring are not because of his policies, it’s because the economy is so automated. . . . “There are some structural issues with our economy where a lot of businesses have learned to become much more efficient with a lot fewer workers. You see it when you go to a bank and you use an ATM, you don’t go to a bank teller, or you go to the airport and you’re using a kiosk instead of checking in at the gate. So all these things have created changes. . . .”
HT: Fox
Posted by ZIP on Tuesday, June 14, 2011, at 11:13 am | 
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His idiocy is boundless. Watch, he’ll be marching out unemployed bank tellers with no heath insurance sniffling their sad stories.
In other word, why can’t we be more like a third-world shithole?
Already stopped the space program and health care advancement, what’s next.
The economy went through a paradigm shift when we went from an agricultural society to an industrial one. Now we are in the beginning of the next shift- from industrial to information.
Yes, ATMs are making tellers positions less necessary, just as EZ-Pass is making toll attendants go the way of the buffalo. Some banks (Perkstreet.com) have done away with locations and tellers completely.
But much more damaging to business at the moment is the stranglehold government is putting the private sector in through taxation and regulation. (Thanks to the “green” movement, largely.) THAT kills the spirit of industry, the spark of entrepreneurship.
Clear the road of these obstacles, and the economy will re-route itself to fit the new age. No bailouts. Let the dinosaurs die, let the innovative prosper, and the economy will grow.
Incompetent twit.
Obama lecturing about busines/economics is like Barney Frank telling you how to make love to a woman.
Dig the hole, fill it in, dig the hole, fill it in, dig the hole, fill it in…….
Pathological liar or dazed drug abuse casualty. You decide.
Now you see why Barum, Baliey Brothers Circus is down to No.2 slot. there’s a better circus in D.C. maybe someone at Barum, Baliey circus could teach the Fairy in the White House to fly and carry his magic wand at the same time.
Zero: “Yeah, man, I think it’s like also due to an Unknown Force.”
MSM Interviewer [doesn't bat an eye]: “Explain, Sir.”
Zero: “It’s Top Secret.”
MSM Int.: “I understand.” [to TV audience] “There goes the smartest man ever.”
Clown, ass-clown at that…
Well, at least he didn’t try to blame it on “The Previous Administration”. This sad, pathetic, little person will never have the stones to accept any responsibility for our diminished economy. He will forever be a victim of the strawmen!
Wow! The ignorance just rolls off his tongue. Most of us learned the concept of product life cycles in our freshman business classes. How can this colossally stupid man continue to pretend to be president?
Hey, the guy hasn’t got passed FDR’s bank holiday. Just wait until he gets to the Carter economic theory and the Carter “Put On A Sweater” Energy policy.
Yes. But all of us software developers cant fight off work with a stick. Efficiency creates better jobs.
Every time I hear Obama say something utterly ignorant such as this, I thank God I’m not a PROGRESSIVE, and therefore not obligated to defend him.
How embarrassing.
Yeah, I knew there was a reason I hated pumping my own $4 gallon gas, and scanning my own 1/3-less for 2x-more groceries …
Thanks, Obama.
Attica! Attica! Attica!
and here I though CHANGE was good…..
But…..it’s everybody else’s fault.
I’m “THE 0NE” it can’t be my fault.
Evil alien dickweed in the WH. Lies upon lies.
Indict, try, and convict on sedition, treason, and a whole host of evil anti American activities.
What a POS!
One Word…..
CLUELESS president
- thanks to the generation that feed on reality TV…
What’s an ATM machine?
I assume it’s some sort of device invented since 2009 which apparently replaced bank tellers.
….and what about all of those “olden days” cue-card holders (Union employees, too, no doubt!) that are now out work and languishing in unemployment lines ever since POTUS hired TOTUS to replace them everyplace he goes?
Surely our glorious Union Shop Steward-in-Chief should employ a large staff of eager souls to gingerly hold on to the holy placards containing the pearls of wisdom and wit with which he soothes the aching hearts of his fan base that hangs onto his every Blessed Word.
Mr. President, we await your inspiring example to lead us forth.
And POTUS has the EPA requiring businesses to no longer submit reports on paper. Everything has to be electronic so that the EPA has no data entry responsibilities (i.e., no data entry staff). Does this mean he is part of the problem????
Did the progressive just say that our problem in America is Progress?
“So all these things have created changes. . . .”
Change. Isn’t that what you campaigned on, Bamster?
Jackass.
Jingo,
ATM stands for Advanced Teller Machine. An ATM Machine is an Advanced Teller Machine Machine.
This ideologue and economic illiterate has no clue. ATMs have been around for decades, through good times and bad. Automation makes life for customers easier, so they don’t have to stand in long lines at the bank and can go to the bank without sacrificing work time. And banks should be about customer service. Contrary to Barry’s uneducated statement, automation doesn’t take away jobs from tellers, it helps them work more efficiently and gives them more time to process transactions faster, improving work. The same goes for airport kiosks.
Unabomber seen nodding in approval.
What is this ATM he speaks of?
Why, when I go to the First National, Mr. Banks is right there with his green eye shade and his abacus…
Talk about out of touch. I’ve been using my banks ATM since when, 1980 something? Of course the Dems also like to use road construction to help with unemployment. Like construction companies are going to use 100′s guys with shovels like they did in the 30′s.
Remember when GHW Bush went grocery shopping and didn’t know about the scanners at the checkout? He got skewered for being out of touch.
HEY OBAMA WHAT ABOUT THE MILLIONS OF ILLEGAL ALIENS WE HAVE IN THIS COUNTRY WHO HAVE STOLEN JOBS FROM THE AMERICAN CITIZENS WHO DESPERATELY WANT TO WORK?
DON’T YOU THINK THAT IS A LITTLE BIT MORE SIGNIFICANT THAN A FEW ATM MACHINES?
AND WHAT ABOUT ALL THE UNIONS THAT HAVE FORCED SO MANY JOBS TO BE SHIPPED OVER SEAS?
NO I DON’T THINK ATM MACHINES ARE A SIGNIFICANT PART OF THE PROBLEM, BUT YOU AND YOUR POLICIES ARE!
China is trying to slow down its economy which is growing at 9+% per year while our leader is blaming automation for the economic mess the United States is in. Clueless and inept
There’s a certain logic and consistency to Obama’s economic theories.
1) Businesses are becoming more efficient
2) Efficiency causes unemployment
3) Government is inefficient
Therefore:
4) Reduce unemployment by having government take over businesses.
Speaking of automated,Moo threatend to replace me with a dildo.
Must be the reason for the jackhammer under the bed.
Kinda explains the scare on his Head. This guy has taken a sharp blow to his brain.
Thank all of the Democrats , you managed to put a brain damaged, drug addicted mental patient into the WH. This guy is either on some heavy meds or drugs. Nobody is this fucking stupid, he is speaking as if we just entered the industrial era. He is a fucking braindead stoner.
economic idiocy, in-sourced from historic europe:
http://en.wikipedia.org/wiki/Luddite
ALL STATES ARE IN A CATASTROPHIC MODE, EXCEPT FOR ALABAMA, GEORGIA IF THEY DON”T START RECOGNIZING THAT THE NEW POPULATIONS OF ILLEGAL IMMIGRANTS ARE ECONOMIC. THOSE POLITICIANS THAT HESITATE WILL FEEL THE HEAT FROM THE PUBLIC, IF THEY ARE NOT PROTECTED AGAINST HUNDREDS OF THOUSANDS OF UNLAWFUL PEOPLE STEALING JOBS, LOWERING WAGES AND DRAINING STATE COFFERS.
Because of trust in our politicians is zeroing-out, our only hope of closing down the magnet of jobs that keeps the streams of illegal aliens from getting jobs. Americans must be adamant on insisting that the legislators enact a—MANDATORY—E-Verify, to include Secure Communities. E-Verify to bring severe sanctions to businesses that cross the line of hiring illegal labor. Secure Communities is for police action of fingerprinting those who are arrested, with this personal data being cross-checked through ICE and Homeland Security.
Two of these comments have been added, because they have profession knowledge of this disastrous immigration chaos:
The WIC, Women Infants and Children’, program should be renamed Women Illegal’s and Children. Once again we see how the welfare system is a complete failure, doing nothing to prevent fraud – and even encouraging it, in this case, and bilking taxpayers for billions every year. This despite Progressive politicians’ claims that we can’t cut a single penny or families will “starve”. In this report, Kelly Baker, a former WIC employee (and a national hero for coming forward) from DeKalb County, GA, exposes how folks in luxury SUVs can walk into the WIC office with expired or even FOREIGN IDs and walk out thousands of dollars in WIC vouchers – and even sell them for cash down the block. Illegal aliens are bilking the welfare system while so many American citizens go without. This is a disgrace and these WIC officials should be prosecuted. Legislation should be immediately introduced to mandate citizenship ID for welfare.
This second commentary describes the health care system, which has become a massive cost for taxpayers once again.
First off, illegal aliens are not immigrants. Immigrants follow laws. They get free health care by not paying bills when going to emergency rooms, giving false names and addresses etc… It also cost American taxpayers over $6000.00 per birth for each “A” baby born. That is if there are no complications. In a recent year in Colorado, the state’s emergency Medicaid program paid an estimated $30 million in hospital and physician delivery costs for about 6,000 illegal immigrant mothers – average of $5,000 per baby. Those 6,000 births to illegal aliens represent 40% of the births paid for by Medicaid in Colorado. Those 6,000 babies immediately became U.S. citizens and qualified for full Medicaid services, with a cost yet to be tabulated. The federal Emergency Medical Treatment and Active Labor Act (EMTALA) mandate that U.S. hospitals with emergency-room services must treat anyone who requires care, including illegal aliens. Medical service for Americans in affected communities is being severely damaged as hospitals absorb more than $200 million in non-reimbursed costs.
Some emergency rooms have shut down because they cannot afford to stay open. (Hospitals and clinics have also shut down in California and Arizona.) Local tax-paying Americans are either denied medical care or have to wait in long lines for service as the illegal’s flood the facilities. In California, the losses are calculated to be about $79 million, with $74 million in Texas, $31 million in Arizona, and $6 million in New Mexico. These costs are staggering. The Cochise County, Arizona Health Department spends as much as 30 percent of its annual $9 million budget on illegal aliens. The Copper Queen Hospital in Bisbee, Arizona, has spent $200,000 in uncompensated services out of a net operating budget of $300,000. The University Medical Center in Tucson may lose as much as $10 million and the Good Samaritan Regional Medical Center, also in Tucson, has lost $1 million in the first quarter of fiscal 2002.
ILLEGAL IMMIGRATION HEALTH CARE COSTS AFFECT YOU! Published 06/01/2010 – CST By Elizabeth Lee Vliet, M.D. In both Tucson and Dallas where I have practiced medicine, hospitals are struggling under massive costs of uncompensated medical services for uninsured people who, by federal law, cannot be turned away for lack of insurance or ability to pay. How much does this uncompensated care actually cost taxpayers? The incredible answer: no one knows. We only have “estimates” of the costs to taxpayers to treat illegal immigrants because hospitals and public health clinics do not ask for proof of citizenship before providing care. What are consequences to taxpaying citizens?
1. Increased cost and reduced access to trauma care. Tucson has lost all but one Level I Trauma Center to serve all of southern Arizona, in large part due to massive, unsustainable losses from uncompensated care. Auto accidents involving overloaded vans of illegal aliens happen regularly in southern Arizona. Injured are flown by air ambulance to University Medical Center’s Trauma Center and treated with state of the art care….all at taxpayer expense.
2. 2. A registered nurse involved with the Pima County health system since the 1970’s who must remain anonymous because of her role, said she has never seen any staff member at either El Rio Clinic or Pima County Health Department ask for proof of citizenship before providing free medical services (immunizations, Well Baby checks, food stamps, WIC services, birth control, and even elective abortions). Costs are paid by taxpayers. When funds are depleted, low income American citizens have fewer services and longer waits as a result.
3. 3. This same RN also said: “I personally know Mexican men who married 16 year old girls, got them pregnant, brought them to Tucson for the baby to become a US citizen. They live-in Mexico but comes here for their health care. Taxpayers pay for this medical care many ways, at the Public Health Department, and with school nurses who provide care.”
4. 4. Uncompensated medical services for illegal immigrants mean higher premiums for all of us due to cost shifting among all third party payers. To cover the deficits from “free” medical services they provide, the administration at University Physicians Health System Kino campus is analyzing how much to increase employee health insurance premiums as of July 1.
5. 5. Obamacare cuts benefits to American citizens: $500 billion in Medicare cuts and slashing the Medicare Advantage program. Medicare Advantage, chosen by one in five seniors, is the most popular plan for low and moderate income seniors, and covers about half of our Hispanic or African-American elderly. My patients on Medicare have worked and paid into the system over their working careers, yet these cuts mean fewer health care available to them now. We certainly cannot afford to cover those here illegally.
6. 6. Hospitals in Tucson and Dallas also provide uncompensated (”free”) maternity services to pregnant women here illegally. Their babies then become US citizens entitled to all of the services available for low income American families” food stamps, WIC, immunizations, office visits, medications, etc. This drives up costs to all of us: higher premiums for private insurance companies, and higher taxes for government insurance like Arizona’s Medicaid (AHCCCS).
7. 7. Professional estimates are that over half of the pregnant women served at Parkland Hospital in Dallas are in this country illegally. With over 16,000 deliveries a year, Parkland is one of the nation’s busiest maternity services with prenatal clinics for low income women to receive free prenatal care, nutrition, medication, birthing classes, child care classes, and free supplies (formula, diapers, bottles, car seats). Taxpayers pay the bills.
So the Leftists say that illegal aliens pay into the system. The last I heard the (GAO) General Accounting Office stated that for every 1 dollar spent by illegal aliens, they receive back in child and tax refunds 3-4 dollars. Another mass amnesty similar to the 1986 bill would cost American taxpayers $2.5 trillion dollars, according to the Non-profit Hermitage Foundation. Then (FAIR) Federation of American Immigration reform says the federal government expenditure (not States) is $113 billion dollars a year on health care. We must cut off all these public benefits, so the economic foreigners return home. In Ellis Island days there were no public services, just the charity of churches and other organizations. Unlike today, that these illegal aliens are already knowledgeable of all the welfare State, the free health care, education for their children.
More in depth information is available at FAIRS website. Adding to that NumbersUSA has inside informants of stealth laws, which are passed to the detriment of taxpayers. Then Judicial Watch will spill the beans on fraud and corruption in Washington and the states. My suggestion is join the TEA PARTY as thousands are each day, to rid ourselves of “Tax and Spend’’ Liberal Democrats. Remember the TEA PARTY is the people of America who will secure the borders and track all persons who enter America, who enter illegally. The will enforce the 1986 Immigration laws, with no enactment of an Amnesty. Even the instant citizenship baby law, will be revisited. The American people who unemployed need to contact their federal and State Representatives to insist they enact mandatory E-Verify, Secure Communities policing law for every State at Senate—202-224–3121/ House—202-225–3121.
I would like to think that this is merely idiocy, but no one is that stupid. Our president is doing his best to send our economy down the toilet. He’s doing a pretty good job of it too, unfortunately.
My God, I always knew he was a blind ideologue, but never – ever, did I think he was this stupid.
When women started using electric gadgets they had too much free time. They began going to work and this put too many people in the workforce. Barry is just trying to get women back in the home to cook healthy meals. Of course energy costs will escalate so its back to doing laundry by hand and drying it on the line. Its all transitory.
You daft bastard. ATM’s didn’t cause shit. I part of the IT dept for a major bank in the south/east coast, and the majority of their layoffs did not come from the branches, but from IT, mortgage, personal finance, and investment departments. The branches have as many employees as they can get, and they do get plenty of walk in business. Without the ATM’s, the lobby would be backed up in many branches. The branches are far from hurting.
The IT dept as a whole lost a large number of competent employees, in trade for a call center based in India. Mortgage has dried up due to little business and insane amounts of bureaucratic red tape, as has investments and stocks. The only business mortgage gets is refinancing and section 8 housing.
I’ve watched half of the people I worked with in 2008 be given their walking papers. Many of them were with the company for ages. The building that we moved to in 2008 is half empty now.
YOU and your cronies are to blame for this, not a fucking atm, you twit.
Of course no one builds the ATMs, or fills the ATMs, or maintains and services the ATMs, or cleans the ATMs. And the paper companies that provide the paper used to print receipts don’t employ anyone nor do the telecommunications companies that provide the data circuits required for each ATM have employees that install and maintain the data circuits and there aren’t people employed at network operations centers monitoring the vast network of ATMs.
It’a all done by osmosis in Odumbo’s world.
Obama reeks of ignorance and stupidity and those are his best attributes.
How bout the real answer: Ever since Nancy Pelosi became the Speaker of the House the US’s share of the world economy has plummeted.
Are you all so full of hatred and bullshit that you post here?
http://www.vanityfair.com/politics/features/2007/12/bush200712
We’re barely 3 years into a 10 year long recovery.
“…But the other side of the ledger groans with distress: a tax code that has become hideously biased in favor of the rich; a national debt that will probably have grown 70 percent by the time this president leaves Washington; a swelling cascade of mortgage defaults; a record near-$850 billion trade deficit; oil prices that are higher than they have ever been; and a dollar so weak that for an American to buy a cup of coffee in London or Paris—or even the Yukon—becomes a venture in high finance….”
@ iloveobama . Nice try asswipe. How long can you morons keep blaming Bush? Get an education, would you.
http://www.investors.com/NewsAndAnalysis/Article/575513/201106151855/Return-Of-The-Dreaded-Misery-Index.htm
Regulation: In just his first 18 months in office, Obama imposed 43 regulations that will cost, by government estimates, $26 billion. And that doesn’t count the avalanche of costly new rules headed our way courtesy of ObamaCare.
And his out-of-control Environmental Protection Agency and National Labor Relations Board have virtually declared war on private enterprise, with no regard to cost or jobs.
Obama’s response has been to try to score PR points by asking his agency heads to scrape off regulatory flecks while wondering aloud how “we deal with making sure our regulations make sense.”
Taxes: While Obama grudgingly acceded to keep all of Bush’s tax rates in force for two more years, he agitates endlessly for massive tax hikes on the “rich.” His debt plan calls for raising the top tax rates to pre-Bush levels and squeezing an additional $1 trillion out of them under the guise of “tax reform.” All of the tax cuts he has approved have been gimmicky and short-term.
Spending: Federal outlays have risen more than 25% since Obama took office, and they’re on track to eat up almost a quarter of gross domestic product for the foreseeable future — a spending level not seen since World War II. Annual deficits, meanwhile, have topped $1 trillion every year since Obama took office.
Debt: Gross federal debt has climbed more than a third under Obama, topping $14 trillion. His budget plan puts it on a course to reach $20 trillion by 2016.
Easy money: The Fed has acted as the Democrat’s big-spending enabler by buying hundreds of billions in Treasury debt through its quantitative easing programs — and in so doing, sowing more seeds of inflation.
We can only hope the president will admit to his mistakes and make a sharp course correction, rather than continue to try to lay blame for all bad economic news at the feet of his predecessor.
Replace “ATM” with “ILLEGALS” and this article will begin to make sense…
He needs to be shown the door ASAP!