Obama plays up economy, health care at fundraisers
June 21st, 2011
07:24 AM ET

Obama plays up economy, health care at fundraisers

President Obama was all smiles at two fundraising events Monday night in Washington - one included supporters of a strong U.S.-Israel relationship while the other was attended by dozens of big donors from the Mid-Atlantic region.

At the two events, which come days before the pivotal second fundraising quarter comes to a close, Obama made a strong pitch for his handling of the economy – a preview of the stump speech he will deliver when the 2012 campaign begins in full.

“We were able to take an economy that was shrinking by about 6 percent and create an economy that is now growing, and has grown steadily now over many consecutive quarters. Over the last 15 months we’ve created over 2.1 million private sector jobs,” Obama told the crowd of Mid-Atlantic donors.

Obama added he is “extraordinarily proud of the economic record that we were able to produce over the first two and a half years,” but quickly noted “the economy is still so tough for so many people around the country.”

“The hole that was dug was so deep…the reason that 2012 is important is because I did not just run for President to get us back to where we were; I ran for President originally to move us to where we need to be,” the president also said in a clear salvo to Republican presidential opponents, seven of which hammered him over the economy at a CNN debate one week ago.

Obama also offered up a vigorous defense of the health care bill he signed last year, another issue that has become a top target for GOP opponents:

“This is a matter not only of making sure that 30 million Americans never again have to go bankrupt because somebody in their family gets sick. It's also making sure that we're getting a better bang for our health care dollar; that instead of taking five tests, you take one test and it's emailed to five doctors; that we make certain that preventive medicine is in place so that people aren't getting amputated because of diabetes - they're not getting diabetes in the first place.”

Tickets for the two dinners ranged from $10,000 to the legal maximum limit of $35,800. The money raised from the events will go to the Obama Victory Fund, with the proceeds being shared by both the president's re-election campaign and the DNC.
The pro-Israel dinner, which with 80 individuals was entirely sold out, carried a limit of $25,000.

Obama also has two fundraisers later this week in New York. His presidential campaign is hoping to begin the election season with a bang and report a $60 million haul by the end of the quarter.

– CNN’s Paul Steinhauser contributed to this report


Topics: President Obama • The News

soundoff (46 Responses)
  1. FedUp

    What planet is this man living on?

    June 21, 2011 at 8:21 am |
    • KatR

      He's living on the planet earth. What planet are YOU living on?

      June 21, 2011 at 8:44 am |
      • Henry Miller

        Actually, Obama appears to be living in a world of his own imagination where one can brag about creating a 9.1% unemployment rate and no be laughed at, a world where one can brag about trying to socialise medicine with the only major result being thousands of companies and unions, and half the states, trying to escape it, and not be jeered off the stage.

        June 21, 2011 at 9:51 am |
    • obama cinton 2012

      usa planet

      June 21, 2011 at 8:48 am |
    • talanhugh

      Clearly not this one....sheltered much?...you cannot make this up. His own publicity has gone to his head – "If I say economy is good, people will just blindly beleive".

      June 21, 2011 at 11:24 am |
  2. Ancient Texan

    He's proud of this economy? $3 trillion dollars thrown away or given to the Unions that own him wasn't an economy builder. Total disaster!. And Obamacare was a backroom boondoggle crammed down the throat of Americans that by a wide margin don't want it.

    June 21, 2011 at 9:12 am |
  3. john

    spoken by a man who has never held a real job and never had to make a payroll and is currently getting free room and board. Time to send this idiot packing

    June 21, 2011 at 9:22 am |
    • Gisabun

      Shows what side of the fence you are leaning on. I guess you would want another 4 years of how Dubya scr?wed up the country. Who brought the US economy to it's knees by not coming out with laws to stop people with $25 to their name in buying a $500,000 house? Who gave money to investment banks only to have the big shots give themselves nice bonuses? Who brought the US into 2 wars and no end in sight while billions are wasted on corruption and scandals?

      Never had a real job? Do you even know Obama's background? Meanwhile "this idiot" is in the White House and you were probably at a bar last night [and every night] getting drunk, moaning and groaning about your lackluster job.

      June 21, 2011 at 9:37 am |
      • superflatz

        I can't believe you morons even live in the USA. FYI – Democruds have held congress since 2006 – 5 1/2 years!!! Congress spends the $$$ dummies. Sure W could have vetoed, and should have. But, the Congress has the last word. Go back to your history classes (if you even made it into high school).

        But, let's spend another 5 trillion (that hard working Americans earned) and throw it down the toilet. That'll surely do it this time – LOL. You voted for a guy with zero experience, never held a real job and is "brilliant". I guess if speaking well (though they're lies) is where you set the bar; then yes, he's brilliant. Other than that, he's done nothing good for this country. He won't even release his school records to prove his "brilliance". Real hero!!

        June 21, 2011 at 12:48 pm |
    • maikl

      100% agree.

      June 21, 2011 at 10:09 am |
  4. jean2009

    Thanks to Health Care Reform, in a couple of years very poor people won't feel a need to rob a bank for $1.00 so they can go to jail to get health care. Sad to say, that is the current status of health care for some Americans. Doesn't speak to well of how we address the needs of our citizens.

    June 21, 2011 at 9:25 am |
    • Henry Miller

      No, instead they rob their neighbours by demanding "entitlements" paid for by others that they're too lazy to work for.

      June 21, 2011 at 9:53 am |
    • John

      They also won't have a primary care doctor.

      June 21, 2011 at 10:53 am |
    • Steve

      "In an article published in the May 3, 2001, issue of the New England Journal of Medicine, 522 overweight, middle-aged subjects with elevated sugars were studied. Those individuals who reduced their weight, by limiting their intake of fat, increasing their intake of fiber and engaging in physical activity, had a 58 percent reduction in the development of diabetes."

      How exactly is ObamaCare going to prevent people from getting diabetes if it doesn't regulate how they eat/treat their
      bodies? All it's going to do is make healthy, responsible people pay for the diabetes medications of the lazy.

      I believe Obama was born here, but I'm starting to think he was reading Marx or Trotsky when he was in college instead of Jefferson and Adam Smith.

      June 21, 2011 at 2:21 pm |
    • jean2009

      Henry... when the person is so ill they finally walk into that emergency room without health insurance coverage who do you think pays for their care? Do you actually believe the hospital and the doctor sucks up that cost? No they don't. We all pay that cost through higher premiums for our own coverage. The cost for the uninsured adds up to about $100 billion to the total cost for health care and about 2/3rds is added to the premium cost for the insured, or for the insurer of those who have health insurance through their place of work, or in hidden taxes we currently pay.

      So, if you are living under the illusion that you are not currently paying for those 45 million who are uninsured you are....and you and I will be a lot better off price wise when many of them can afford insurance, and not wait until they are critical to seek help. Many of them would seek a doctor's office visit before the cost was emergency room critical.
      A family of four currently already pays an added $1,100 in annual premium cost just to cover the uninsured.

      June 21, 2011 at 3:38 pm |
  5. Henry Miller

    Obama's handling of the economy? You mean his astonishing incompetence in dealing with a huge recession and even huger unemployment? And his health care fiasco that a majority of Americans want repealed?

    This guy must be smoking some serious weed if he thinks he can get re-elected on that track record. But, considering that this pair of disasters are the only things on his track record, he doesn't have a lot of choice.

    June 21, 2011 at 9:47 am |
  6. Enough is Enough

    "Obama made a strong pitch for his handling of the economy" You can't hope to do anything positive for the economy when everything you do has to be approved by the trial lawyers and union bosses both of when are leaches that do nothing but harm to our economy. This is like the captain of the Titanic saying what a great job he did.

    June 21, 2011 at 9:55 am |
  7. Sickofhisarrogance

    This has to be the Obama imnpersonator giving this speech. It's too funny not to be.
    How do you tout an economy with such high unemployment? And this after his Summer of Recovery....which was...LAST SUMMER!
    He is delusional.

    June 21, 2011 at 10:25 am |
  8. Anyone But Obama

    This is just another example of a person who talks too much and manipulates people and the media for his own purposes. Didn't we already have Recovery Summer last year?

    Instead of the US growing like it typically does out of a recession (and how others in the world have), Obama has kept us at an anemic pace of growth. Once we have a Republican for President, the economy will be unleashed and we'll be back to Bush's 4-5% unemployment (remember those days?).

    June 21, 2011 at 10:37 am |
  9. Dean

    Did he also play up the fact that my health insurance premiums from Blue Cross have almost doubled since Obamacare passed.

    June 21, 2011 at 10:41 am |
  10. Dean

    “We were able to take an economy that was shrinking by about 6 percent and create an economy that is now growing, and has grown steadily now over many consecutive quarters. Over the last 15 months we’ve created over 2.1 million private sector jobs,” Obama told the crowd of Mid-Atlantic donors.

    Did he mention that we have had new claims every week for unemployment that have exceeded 400,000 for the past year or longer. The resulting number is a little bigger than 2.1 million new jobs in 15 months.

    June 21, 2011 at 10:44 am |
  11. Razmataz

    Why in the world would he play up the economy, not one single thing has improved since he took office! Ooops, my mistake, there was one improvement...his golf score!

    June 21, 2011 at 10:47 am |
  12. Do your research.

    I'm glad he's starting his tout his achievements more loudly and clearly! Problems continue to exist in the economy, of course, but our President has made many critical and well-founded moves to allow a recovery, healthcare reform being one of those moves.

    This President's biggest issue has been a messaging problem, and I'm thankful that the campaign cycle is back around so that we can hear more about the strong work our commander in chief has done and will continue to do.

    Obama/Biden 2012!

    June 21, 2011 at 10:50 am |
    • John

      Healthcare costs are rising at a higher rate than two years ago. Primary care doctors are signing contracts to join hospitals because they don't think they can make it as independents and potential doctors are avoiding going into primary care medicine. And, somehow you see this as "achievement"?
      Don't forget, unemployment will not go above 8% if we spend 7 billion, and last summer was the summer of – well, you get the idea... When Bush was president 5% unemployment was seen as bad – we have come such a long way...

      June 21, 2011 at 10:59 am |
      • jean2009

        From December 2007 to December 2008, 2.6 million jobs were lost, in December 2008- 584,000 jobs were lost, and 1.6 million of the total jobs lost for 2008 were lost in the last 4 months of the year. The total number of unemployed rose from
        632,000 to 11.2 million in 2008 a 70 year high equaling the end of WWII recession of 1945.

        So to say the President hasn't helped, is ignorant of the facts at the very least. Obviously people harping here haven't much of a clue as to what the 1930's, 1945, and Reagan's recession of 1981-1982 were like. The biggest part of the problem is the tax cuts given under the Bush administration to those who really didn't need a tax break.

        We do not have as much a deficit problem as we have a revenue problem....end the Bush era tax cuts.

        June 21, 2011 at 3:58 pm |
      • rob

        @jean2009
        So you want to end the Bush tax cuts meaning that millions of the lowest income tax payers would start paying federal taxes again. All tax brackets would go up, not just on the evil "Rich" I'm sure your not saying that. If you were to raise taxes on the "Rich", the revenue generated would come to about one trillion dollars over 10 years. President Obama offered a budget for 2012 in January that had a 1.6 TRILLION DEFICIT for next year alone. Puuuuleeeeze.

        June 21, 2011 at 5:04 pm |
  13. Claudia, Houston, Tx

    When people have been brain washed for 8 years by George W. Bush's fear factor that was used as a coverup for our failing economy of course they blame Obama. Republicans know it worked for Bush because they believe most Americans are gulliable so they continue to use the "fear factor" while continuing the Bush era tax cuts for the rich only.

    June 21, 2011 at 11:02 am |
    • John

      Right – I saw that commercial by the repubs throwing granny off a cliff.
      Someone is brain washed. Just go by BO's own words the first time he tries to address a problem. You know, before he goes back and says it was the other guys fault. SO when do you think BO was wrong? The first time he tried to address the issue when he read the situation wrong or after his solution failed and he blamed someone else for his failure?

      June 21, 2011 at 11:29 am |
    • Pink Elephant

      Claudia,

      Bush's tax cuts were an equal % to all tax brackets. Talk about brainwashed ..... the Democrats twist on words really penetrated that head of yours. Pathetic.

      June 21, 2011 at 12:01 pm |
  14. talanhugh

    And he did it with a straight face....impressive. I cannot even read it without laughing.

    June 21, 2011 at 11:27 am |
  15. superflatz

    OH, and don't forget your hero, Bwarney Fwank was is charge of the committee that oversaw Fannie and Freddie. W tried to address the problem and he was shouted down by the Dems saying owning a $500k house is a poor person's right!!

    June 21, 2011 at 12:54 pm |
  16. jen

    Good work Mr President, continue the good work and yes 2012 – Obama-Biden!

    June 21, 2011 at 1:17 pm |
    • maikl

      Yes we can for sure give him pink slip in 2012.

      June 24, 2011 at 12:30 am |
      • Lucas

        Fortunately, Obama's chances of geinttg reelected are about the same as a snowman's chance on Mercury. Most of his campaign supporters, including a few of the more vehemently loyal ones, have turned on him after it turned out that he lied about everything he promised in the campaign.It's kind of sad, really, to see a man do this to his own career. Then again, he was all charisma and no common sense, so it's also kind of funny.

        November 9, 2012 at 10:54 pm |
  17. no to prk obama

    once again a new pack of rib and tater boy lies, when will the obama lovers see the light, how is that change working for you, stop paying for gas and mortgage, haha, love that obama lieing change, only change obama has done is MORE welfare and foodstamps, haha, love that change,

    June 21, 2011 at 1:27 pm |
  18. rob

    This will be the hardest campaign season ever for the liberal media. The lengths they will have to go through to cover for this administrations failures will be very interesting to watch.

    June 21, 2011 at 1:40 pm |
  19. AZ Dem

    His record on the economy isn't perfect but not necessarily tainted either..the measures and stimulus bills that passed were temporary boosts and they helped. People forget just how bad we were hit in 2008 and how on the brink of a depression we actually were YES people are still hurting and MOST of them are the middle class. That being said it makes absolutely no common sense to elect people from a party who want to cut all of the entitlements people have paid into their entire working lives yet not even consider raising tax revenue to help pay down our national debt from people who have millions or even billions of dollars in the bank. Its not class warfare its what makes sense you aren't being penalized for success you are privileged enough to be able to do more and that is Patriotism at its finest.

    June 21, 2011 at 1:46 pm |
    • rob

      Disregarding your false accusation that Repubs want to "cut all of the entitlements", I can't disagree that people who have earned a great fortune because of the opportunities in this country could pay more, BUT, the richest 10% already pay about 50% of INCOME Taxes. Corporations pay about the second highest rates in the developed world, and 48% of Americans don't pay any Net federal income taxes at all. The problem is the spending by our politicians on both sides and the very entitlements you speak of are unsustainable. In 10 years Medicade and Medicare will be BROKE. We need to controll the size and scope of Government, reform the emtitlements, reform the tax code by lowering rates and getting rid of loopholes and start from scratch on health care before discussing tax increases. This is the only way we can save our selves from the financial and economic disaster that everyone agrees we are headed for. This is the Republican plan, WHERE IS THE DEMOCRAT PLAN ?????? Oh yeah, "raise taxes on millionaires and billionaires" and then promise to controll spending sometime in the future in somefuzzy way that you will find out about "after they pass the bill" but in the meantime demagouge the Republicans savagely while not even offering a budget in the Senate and run the clock out till Nov 2012. In other they have NO PLAN.

      June 21, 2011 at 4:51 pm |
  20. amelie

    They're making 60 million a quarter to fund a campiagn ?
    Just think if they paid in 60 million a quarter to the national debt how much that would help.
    Make both parties pay and we'll be all right in no time.

    June 21, 2011 at 3:56 pm |
  21. Vomax

    Just so I understand him correctly: he and his administration have created 2.1 million private sector jobs.

    Since when did the federal government create private sector jobs? That's right: NEVER.

    His speech was another example of his massive ego, via which he trumpets anything resembling success, while shuffling anything resembling failure on the previous administration.

    With any luck, voters will be able to see below the facade of his charisma, to his absence of substance.

    June 21, 2011 at 4:36 pm |
  22. Patricio

    Over the last 15 months we’ve created over 2.1 million private sector jobs,” How? all those "shovel reaady jobs you have already admitted never existed? A trillion dollrs of Union payback (it will keep unemployment under 8%) and we still sit at 9.2 %. Entire economic council running back to acedemia where their BS "theories" can be repackaged. Pretty powerful Jewish friends to cough up 35 K for a rubber chicken dinner. Our billion dollar President – nice. When is that Election finance thingy kicking in again? Oh Yeah, after the next election.

    June 21, 2011 at 7:50 pm |
  23. Bill in Stl

    and well he should ... a survey recently showed that 30% od American companies are going to dump their private health insurance and put their employees on Obama Care ...just means less for those people it was targeted to help... another of those un-intended consequeces we keep hearing about.

    June 21, 2011 at 9:55 pm |
  24. NYVREPUB

    Obama/Biden 2012.

    June 22, 2011 at 1:28 am |
  25. Emilianozapata

    Obama states: "Make no mistake I have kept unemployment at a chronic 9% and above, a double dip recession in housing plus the biggest debt in history"......But this is all good.....because....because.....because .......It could have been worse...you could have gotten cancer and been eatten by a great white shark.....GO FREAKING FIGURE

    June 22, 2011 at 2:00 pm |
    • maikl

      It's easy. Yes we can, change is coming. Pink slip For Obama.

      June 24, 2011 at 12:34 am |
  26. Liz Carter in Georgia

    @Sickofhisarrogance; How do you define arrogance? Do you mean to say you're sick of his intelligence, his wisdom, his thoughtfulness, his statesmanship, his diplomacy, his ability to make some hard decisions/choices, his ability to take a lickin' and keep on tickin' from people like you, here and in WASHINGTON? To let the chips fall where they may, to turn the other cheek, grin and bear it, so to speak? Is this your true definition of this mans arrogance? Is this what you're sick of? I love it! OBAMA 2012!

    June 22, 2011 at 10:52 pm |