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Obama now killing off jobs prematurely: ‘We don’t have bank tellers’

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By Doug Powers  •  September 17, 2013 12:44 PM

**Written by Doug Powers

The economy is in rough enough shape without the president trying to kill off jobs that aren’t even gone yet. Obamacare will do its thing — there’s no need to force the issue even more!

From a transcript of Sunday’s ABC This Week, via White House Dossier:

GEORGE STEPHANOPOULOS:

–top 1%. Do you look at that, four and a half years in, and say, “Maybe a president just can’t stop this accelerating inequality?”

PRESIDENT BARACK OBAMA:

No, I think– I think the president can stop it. I– the problem is that– there– continues to be a major debate here in Washington. And that is: How do we respond to these underlying trends? If– if you look at– at– at the data– couple of things are– are– are creating these trends.

Number one, globalization. Right? Capital, companies, they can move businesses and– and jobs– anywhere they want. And so they’re lookin’ for the lowest wages. That squeezes workers here in the United States, even if corporations are profitable. Technology. If you go to– a lot of companies now, they’ve eliminated entire occupations because they’re now robotized. We don’t have travel agents. We don’t have bank tellers.

I saw three bank tellers when I was in the bank this morning, and I spoke to a travel agent last week. Travel agents might be fewer and farther between these days, but I see plenty of bank tellers. As a matter of fact, according to the BLS, in 2010, there were 560,000 bank tellers.

Remember when the press labeled President George H.W. Bush as “out of touch” for his interest in a grocery store scanner?

**Written by Doug Powers

Twitter @ThePowersThatBe

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