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Obama Partially Blames ATMs For Economic Struggles

June 17, 2011 by  

Are ATMs to blame for high unemployment?While innovation and technology are vital to the modern world, that didn’t stop President Barack Obama from passing some of the blame for the floundering economy onto unsuspecting ATMs and other such machines.

In an interview with NBC News, Obama said that there were some fundamental issues presented by automated machines such as ATMs and grocery store self-checkout aisles when asked about a report that indicated companies were spending 26 percent more money on equipment and only 2 percent more on employees.

“There’s some structural issues with our economy where a lot of businesses have learned to become much more efficient with a lot fewer workers,” he said. “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.”

However, House Speaker John Boehner (R-Ohio) said that some Obama policies are to blame for the struggling economy.

“Here we are on the anniversary of his administration’s recovery summer… and Americans are still asking the question, ‘Where are the jobs?’” Boehner said, reports Fox News. “The American people deserve some answers, but when it comes to this administration, it’s clear that they don’t have many.”

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