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8:01 AM, Jun 15, 2011 • By DANIEL HALPER

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An odd explanation of the poor economy from President Obama to NBC's Ann Curry:

[T[here are some structural issues with our economy, where a lot of businesses have learned to become much more efficient, with a lot fewer workers. You see it when you go to the bank and 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.

Hmm. I guess when unemployment is at 9.1 percent, and you're trying to figure out why your economic policies aren't working, it probably makes sense to try out every conceivable (and inconceivable) explanation. Who knows what will stick? The problem is obvious, though. It eventually begins to make you look like you don't really know what you're talking about. As Allahpundit sarcastically commented, "ATMs are standing on the side of the road, sipping a Slurpee."

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