POSTED AT 8:05 AM ON DECEMBER 7, 2011 BY ED MORRISSEY
“Layoffs too often became permanent, not part of the business cycle. And these changes didn’t just affect blue collar workers. If you were a bank teller or a phone operator or a travel agent, you saw many in your profession replaced by ATMs and the internet,” President Obama said at a campaign event in Kansas.
RCP also has the video. Now, my recollection of a good economy and low unemployment may be fuzzy — it’s been a few years — but as I recall, the Internet was in full swing five years ago, when the unemployment rate was 4.4% and the civilian participation rate in the workforce was 66.4%. The Internet actually provided a marketplace that employed plenty of people back then — and still does today. And we had quite a few ATMs that year, too.
Got an Obamateurism of the Day? If you see a foul-up by Barack Obama, e-mail it to me at firstname.lastname@example.org with the quote and the link to the Obamateurism. I’ll post the best Obamateurisms on a daily basis, depending on how many I receive. Include a link to your blog, and I’ll give some link love as well. And unlike Slate, I promise to end the feature when Barack Obama leaves office.
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