Well, never fear, Democratic National Committee Chairmoron, the esteemed Debbie Wasserman Schultz, is here to explain to us what Barry meant when we said we're no better off today than we were before the one we were all waiting for, finally showed up. Ms. Wasserman Schultz insisted the economy was improving as she sought to "interpret" what is was that Barry "Almighty" really meant when he admitted this past Monday that no, Americans are not better off today than they were four years ago. Barry was asked in an ABC News/Yahoo News interview Monday if the country was better off today than it was four years ago. “Well I don’t think they are better off than they were four years ago,” Barry admitted. Of course, in his effort to deflect any blame he added, “They’re not better off than they were before Lehman’s collapse, before the financial crisis, before this extraordinary recession that we’re going through.” Historically, the defining question that incumbent presidents face in reelection campaigns is whether or not the country is better off now than before they came into office. And in a rare example of honesty, kind of, Barry admitted that no, the country is not better off now than it was four years ago. And yet he sees nothing that he has done as being something that has made things worse, actually he firmly believes that were it not for his policies, things would be very much worse than they currently are.
Then on Tuesday, Wasserman Schultz, a U.S. representative from Florida, held a conference call during which she was asked, “Yesterday, the president said that Americans are not better off now than they were four years ago. Do you agree with that?” “Well, what President Obama said was that certainly since the collapse of Lehman Brothers, that Americans are not better off,” Wasserman Schultz said. “That was specifically the president’s comment. I thought. And I think anyone who looks at the economy knows we have come a long way." As always with Ms. Wasserman Schultz, ignorance truly is bliss. Doing her best to paint as rosy a picture as possible, she added, “We are certainly no longer dropping like a rock like we were in the months leading up to President Obama taking office,” Wasserman Schultz continued. “And now we’ve begun to turn the corner. President Obama has repeatedly said we have a long way to go. We’ve now gone through 18 months of private sector job growth. We’re no longer losing hundreds of thousands of jobs a month, which is where we were just before he was inaugurated.” Do you just marvel at how these Democrats can continue to pretend like everything is just hunky-dooree? I mean it's like they're living in some alternate universe, where what is bad is actually good. They all love to talk about this corner that we're somehow supposed to be turning and about this mythical private sector job growth that is supposed to have been taking place for a year and a half. Where exactly is that?
A few of the facts to ponder here that should bring one to conclude that Ms. Wasserman Schultz is more than just a little daffy, include the fact that during Barry’s presidency, at least according to the U.S. Bureau of Economic Analysis, annualized growth in the real Gross Domestic Product peaked at 3.9 percent in the first quarter of 2010. By the first two quarters of this year, it had dropped to 0.4 percent and 1.0 percent, respectively. The unemployment rate climbed from 7.8 percent when Barry came into office, which is what he inherited from George W. Bush, to 9.1 percent currently and has been as high as 10 percent. But that number comes nowhere near to accurately reflecting the unemployment crisis that we now have in this country. Actual unemployment is now very firmly entrenched well into the double-digits. And the policies that Barry has put into place have done nothing other than to make an economic environment that was already bad, much worse. Obvious evidence of that would be the passage of Barry's much heralded $800 billion stimulus bill in February 2009, that resulted in 1.7 million jobs having been lost since it was passed and signed into law by Barry. So Ms. Wasserman Schultz can deny reality until the cows come home but that's not going to alter the actual facts that reflect what has taken place in this country under the banner of, "Hope and Change."
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