Desperate for relevance, Mr. Obama continues to claim credit for an economic recovery that isn’t supposed to exist. Such is the conundrum, some would say hypocrisy, of the left.
The economy’s not that good if you ask a Democrat. Of course, it’s a good deal better than the left’s post-Trump election promised total economic collapse (viewed through the haze of nuclear war from your local fallout shelter). Democrats can be a bit dramatic.
In reality, the economy is doing fantastic. And back in early September when Mr., “you didn’t build that” tried to take credit for what to the Left ewas no longer possible, Kevin Hassert took him down then. Hard.
But here we have the Narcissist in chief, former President Obama, once again, telling everyone he started it. And this time Larry Kudlow has come along to rhetorically kneecap the pretender.
“Well, I don’t think he is right, with all respect to former President Obama. Under his stewardship, the so-called recovery was, I don’t know, 2% average per year, which is really the worst since the, I believe, since the Depression. And already, we have beaten our critics, including Obama’s staff people. We’re running an economy that’s 3-4% economic growth.
According to the experts working in the Obama White House America would never see better than around 2% growth, ever. Ever again. And if Hillary had won, that might be true. She would have left Obamanomics in place, and added taxes and regulations and the nation would have remained mired in its economic malaise. But Hillary lost. Trump won. And the Republicans did something that hasn’t been done in a very long time. They reformed the tax code, gave everyone tax breaks, and cut taxes on job creators.
Job creators started handing our bonuses, raises, creating more jobs, and the economy climbed past the mystical impenetrable ceiling of 2-3%, and it hasn’t looked back. It’s doing so well the Fed is raising interest rates to make sure it doesn’t heat up too fast, too soon. And yet somehow the guy in charge of the guys who promised us 2% was it started whatever it was that broke 3% on the way to 4%?
To borrow from Grumpy Cat, uh, No!
Your legacy is weaponizing government agencies. Spying on the press and our people. Using government to suppress political opponents. Giving billions in cash to one of the largest funders of global terrorism in history, not to mention nuclear weapons. Sleeping through a Sept 11th terror attack in Benghazi and waking up just in time to lie about why it happened to protect your reelection. That’s the short list.
And your economy was not just mired in 2% mediocrity your experts sold it as the best thing we could expect. That’s your economic legacy
If you want to buy another one, you will need to visit the local Subaru dealer.