Obama: ‘Spectacle’ Of Last Few Weeks Damaged America’s Credibility

AP

President Barack Obama said Thursday that the government shutdown and near-default inflicted serious damage on “America’s credibility in the world.”

“Some of the same folks who pushed for the shutdown and threatened default claimed their actions were needed to get America back on the right track, to make sure we’re strong,” Obama said while delivering a statement at the White House. “But probably nothing has done more damage to America’s credibility in the world, our standing with other countries, than the spectacle that we’ve seen these past several weeks.”

“It’s encouraged our enemies, it’s emboldened our competitors, and it’s depressed our friends who look to us for steady leadership,” he continued. “Now, the good news is we’ll bounce back from this. We always do. America is the bedrock of the global economy for a reason. We are the indispensable nation that the rest of the world looks to as the safest and most reliable place to invest.”

ABOUT THE AUTHOR

Tom Kludt is a reporter for Talking Points Memo based in New York City, covering media and national affairs. Originally from South Dakota, Tom joined TPM as an intern in late-2011 and became a staff member during the 2012 election. He can be reached at tom@talkingpointsmemo.com.
LIKE US ON FACEBOOK