Well if Chuckie Schumer was expecting to hear President Trump give a big shout out to Barry ‘O’ regarding the current state of our economy during last night’s State of the Union (SOTU) address, I’m sure he was more than a little disappointed. You see, it was earlier in the day, while speaking to reporters, that Chuckie made the rather bizarre statement that President Trump somehow “owes a lot” of the economic recovery to Barry ‘O’ and predicted we wouldn’t hear “Thanks, Obama!” No, I don’t have any idea what it was that old Chuckie may have been smoking at the time, but I can think of no other reason why he might have said such a thing.
And here’s what Chuckie said from the Senate floor ahead of the SOTU address: “The president will be eager to defend the accomplishments of his nascent administration and take credit for a healthy American economy, pointing to low employment, job growth, and a soaring stock market. But the truth is these trends were present before Donald Trump took office. President Trump was handed an already healthy economy by his predecessor. Like many things in his life, he inherited the healthy economy. Here are two words we won’t hear President Trump say tonight about the economy: Thanks, Obama.” And he was even able to say it with a straight face.
But Chuckie continued, addressing the president directly: “President Trump, President Obama created more jobs in the last year of his term than you created in the first year of yours. So if you’re going to pat yourself on the back, give a shout out to Barack Obama.” Chuckie’s comments once again demonstrate the ability of the Democrats to rewrite history. Because it was during the Barry ‘O’ years that: We had the lowest labor participation since the 1970s, the worst economic recovery since the 1940s, the lowest home ownership rate in 50 years, nearly 13 million more Americans on food stamps and over 43 million Americans living in poverty.
It’s funny how after eight years of Barry’s stagnant economy it’s only after he’s gone that things suddenly start to pick up! And Chuckie claims that Barry’s policies are the reason? Not! What ‘has’ spurred this economy is that people no longer have to worry about what new draconian regulations might be dreamt up. Barry told us that we’d be lucky if the economy would ever get beyond his anemic growth rate. He knew what he was doing was equivalent of putting a wet blanket over a fire. And despite his best efforts he was unable to extinguish the economy. It was left smoldering and now that Barry’s blanket has been removed our economy is once again on fire.
And you know, if Chuckie is right why was it that we NEVER heard from either Barry or his team of less than stellar economic advisors that the economy was on the verge of turning around, and on what was sure to be a massive scale? Instead, what we heard from this band of socialist misfits was that we are going to have to get used to a 1.8% annual growth. It was the new normal, the way of the future. Then President Trump arrived on the scene. There isn’t anything Barry ever did that would have caused an economic rebound on the scale we are seeing. President Trump got rid of many of Barry’s economy killing regulations and then of course there are those tax cuts!
Barry deserves zero credit for the current state of our rebounding economy. The consumer confidence went way up practically as soon as Trump was declared the winner, as did overall productivity and contribution to GDP growth. Gee, I can’t imagine why. Can you? Perhaps Barry’s far left leanings had businesses constantly thinking they were about to get screwed. We can’t function economically when we have a radical leftist doing his best to come up with new and improved ways to stifle economic growth. Once the government removes itself from dictating economic policy, to essentially get out of the way, the economy goes nowhere but up.
Chuckie does have one point. It was nice of Barry, in his effort to ‘fundamentally transform’ the country, to deliberately suppress the economy for eight years and doubling down on Keynesian stupidity to do it. He too could have done the things that Trump has done, and experienced the same kind of economic growth, but chose not to. The morons who worship Barry and his party need to ask themselves, why. Barry set Trump up to prove what we deplorables have been telling “the enlightened ones” for years, that easing the regulatory and tax load on an economy, frees the economy to grow. What is it, exactly, that Chuckie can point to that Barry did?
President Trump has already created MORE jobs, growth, and value to our economy than Barry did in his eight years combined, despite what those on the state-controlled media would have you believe. And yet it’s Chuckie who somehow thinks that President Trump needs to be thanking Barry? But then, I suppose if Barry hadn’t trashed the economy to the point that he did there would have been little for President Trump to take credit for. But Barry did trash the economy. So okay, “Thanks Obama!” For doing such a crappy job that all the guy I voted for had to do, was to essentially stop doing everything that you were doing.
One doesn’t compliment an incompetent for doing a poor job. We got an average 1.8 percent GDP growth for his eight years. That’s the worst recovery in over 100 years. Progressive economists stated this was the new normal and to expect no more than 2 to 2.2 percent growth in the future. So, there are three questions to ask those economists — were they lying then, are they lying now, or do they always lie? No thanks, Barry, you threw away about $8.5 Trillion of the $9 Trillion debt you drove up in eight years. That’s the Democrat way. Put people in positions that they’re unqualified for in a rather twisted attempt to equalize things.
Now with all that said, I suppose if there is one thing for which President Trump can thank Barry it would be the fact that Barry did such an absolutely horrific job has president. Because if he had not, it’s in all likelihood that Trump would have never been elected. But after eight years of demonstrating that socialist policies can have only one possible outcome, enough Americans were not willing to vote for someone, Hiterly, who would most assuredly have continued on with those same policies. And they saw Donald Trump, a man who had built a multi-billion dollar business, who was a genuine outsider, and decided to take a chance. And now it’s paying off bigly!