OBAMA, THE ECONOMIC GENIUS OF HIS TIME…

Obamanomics 02

If I remember correctly it wasn’t all that long ago that I seem to recall Hitlery declaring that our economy ALWAYS does better whenever there is a Democrat in the White House.  However, for her to make such a claim, especially after having had Barry in the White House for 7 long years, would seem to require a special kind of arrogance, to say the least.  But then, that should come as no surprise.

But, ya know, to hear Barry tell it, as he recently did in boasting of his economic legacy to the New York Times, he’s nothing short of a genius. Barry implied that his management of the economy has been nothing short of masterful and asserted that it was likely the best in modern history.  Wow, talk about blowing your own horn.  But knowing Barry we do it’s this kind of talk that we have come to expect.

Barry said, “I actually compare our economic performance to how, historically, countries that have wrenching financial crises perform.”  And then of course he went on to say, “By that measure, we probably managed this better than any large economy on Earth in modern history.”  And what’s the most amazing thing of here, is that Barry was able to keep a straight face while making such wild claims.

But oddly enough, it’s for some peculiar reason that the financial headlines just this morning seem paint quite the different story.  Imagine that?  You see, apparently the U.S. economy grew only 0.5 percent in the first quarter of 2016, and that would be the slowest pace in two years.  And it’s all thanks to Barry’s rather masterful management skills I assume?  Or can it all be blamed on George Bush?

Barry also signaled that he was somewhat discouraged that the state controlled media as well as the American people fail to appreciate all that he has claims to have done, and continues to do, to save our economy.  Well gee, how dare we be so unappreciative?  He told the Times, “We were moving so fast early on that we couldn’t take victory laps. We couldn’t explain everything we were doing.”

Barry appeared more than a little irritated by the suggestion from Republicans that the economy has continued to suffer under his administration.  He said, “I mean, the truth of the matter is that if we had been able to more effectively communicate all the steps we had taken to the swing voter, then we might have maintained a majority in the House or the Senate.”  In other words, if better lies had been told.

Look, it would be far from difficult to list here all of the indicators that make it clear just what an economic mess our country is, but I’m sure most informed people are already aware of how many folks are no longer in the workforce, how many millions more are now on food stamps, or some other form of government assistance.  To say nothing of the $10 Trillion of additional debt that Barry had racked up.

But such numbers do not, or should not, in any way reflect what a truly booming economy should look like, by any stretch of the imagination.  Our economy is nothing short of a disaster, and trying to describe it as being anything other than that is to simply defy reality!  But like everything else, Barry seems to think that simply by his claiming that the economy is booming, the rest of us will see it that way.

Today the Commerce Department announced that the US economy expanded at the slowest pace in two years. Our GDP growth rose at an anemic 0.5% rate after a paltry 1.4% fourth quarter advance.  Keep in in mind that Ronald Reagan brought forth an annual real GDP growth of 3.5%.  Barry will be lucky to average a 1.55% GDP growth rate.  This ranks Barry’s as the fourth worst presidency on record.

Barry will be the only U.S. president in history who did not deliver a single year of 3.0%+ economic growth.  And it’s according to Louis Woodhill that if the economy continues to perform below 2.67% GDP growth rate this year, Barry will leave office with the fourth worst economic record in US history.  And yet it’s the same policies that have gotten us to this point that Hitlery wants to continue if elected.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s