Just a week after totally humiliating himself and the country over his handling of the Syrian situation, Obama attempts to outdo himself. Obama put on his clown face and declared that republicans tightening of the budget could lead to much larger inequity in wages. How is that even humanly possible? From 2009 to 2012, 95% of all income gains went to the top 1% of wage earners. Just how would you go about making that number worse?
Obama is starting a tour of all 57 states to inform them how well his economic plan is working. He claims he has created 7.5 million jobs despite the fact that we have less people in the workforce today than when he took office. And of course, he makes no mention of the fact that millions are now only part-time workers thanks to Obamacare.
He is also taking credit for a revitalized auto industry. Yeah, I guess when you give a company, with a net worth of 28 billion, 50 billion its outlook does improve. But Ford is doing much better than GM and they didn’t take a dime. He cited 42 months of growth, but didn’t mention it averaged less than 2%. The average growth out of a recession is 6.4%.
One has to wonder if Obama is so naïve as to believe his press clippings or whether he really does want to destroy the economy. There was one very funny line. He said that he took over a terrible economy and stabilized it. Why would you want to stabilize lousy? Reagan didn’t. He worked hard and got an all democratic congress to approve his plan and the economy took off.
Steven Ahle is the Editor of Red Statements and a regular contributor to The D.C. Clothesline.