Obama, ATMs, and Unemployment

Obama, allegedly the most brilliant president in the history of the United States, believes that ATMs are a blight on our economy.

From Media Research Center:

On the June 14 edition of NBC's Today, President Barack Obama ascribed part of the blame for the high unemployment rate to ATMs, yet most media outlets continue to ignore the gaffe.

"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," lectured Obama in an interview with NBC's Ann Curry. "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."

Curry moved on to another subject without addressing the faux pas, but she's not the only journalist to gloss over the story. Despite the fact that the automated teller machine was invented decades before Obama took office, a Lexis search revealed that not a single major news network, including ABC, CBS, NBC, CNN, FNC, and MSNBC, has covered the remark on air.

...Contrary to the president's assertion that ATMs contribute to nagging unemployment, the Bureau of Labor Statistics (BLS) predicted that teller jobs would grow about 6 percent from 2008 to 2016.

In addition, NRO's Jonah Goldberg pointed to statistics indicating expansive growth in banking jobs since the self-service banking era began in 1985: "At the dawn of the self-service banking age in 1985, for example, the United States had 60,000 automated teller machines and 485,000 bank tellers. In 2002, the United States had 352,000 ATMs – and 527,000 bank tellers."

Obama is a disaster. I don't think the country can afford, literally, another Obama term.

Ann Curry should be embarrassed. She looks like such a fool.

The liberal media should turn in their credentials as journalists.

The way they handle Obama is a disgrace. It's a dereliction of duty.

Video.



Save the economy! Ban ATMs!