Sunday, October 14, 2018

An Obama Economy Would Never Look Like This

Just last week, Obama tried to take credit for Trump's economy again. Those of us paying attention during the Obama administration knew he was implementing job-crippling regulations. Who else but Democrats would pass a massive law like Obamacare during a deep recession? Small businesses in my state of Florida were closing left and right. The company my husband worked for had been active for 75 years and they closed down. Mom & Pop restaurants and even chains were shutting their doors. It was such a sad time.
After one of Obama's ridiculous speeches, he had the audacity to thank HIMSELF for the great economy. 








The informed part of the population elected Trump in part because we knew he'd lift many of the (literally) hundreds of thousands of regulations Obama created. Obama said Trump supporters were calling it "a miracle". It was no miracle. We knew it would happen. It's just common sense.
The recession supposedly ended in 2010. Obama's recovery was the slowest and weakest since the end of WWII. The GDP averaged a pathetic 2.2% for the rest of his presidency. Obama supporters have such short memories. They must not recall he told the American people we'd never see 3% GDP again. He called it the "new norm", anticipating that Hillary would be the next president.
Democrats and the media (often one and the same) would like to re-write history, but the stats are there - at least for now.

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