Hitlery Clinton must have got a big laugh when she
recently said that Barry “Almighty” doesn't get the credit he deserves for his
economic performance. And then when she
said, and quite confidently so, that the economy always performs much better
when there is a Democrat in the White house, she must have had the folks
rolling in aisles. Don’t you think? Oh, but wait. She wasn't joking. The crazy bitch was serious!
However, somehow, and I could be wrong, I just don’t
think that many Americans agree with Hitlery's rather charitable assessment of
our ongoing economic situation. We just had a report of 1.5 percent growth in
the most-recent quarter. Every poll for five years shows that voters are most
concerned about jobs, falling incomes and the debt. While climate change, a favorite issue of
Barry’s, always ranks last or near last with voters.
Forty percent to 70 percent of Americans, depending
on which poll you may choose to use, say that the U.S. is still in a
recession. Little has taken place on
Barry’s watch that can be judged to have been a success. We got a jobs report last Friday that was
little more than another work of fiction.
And while the stock market has been on a tear since Barry entered
office, many experts say that it is nothing more than a house of cards.
And the thing is, the number of areas where things
have now come so completely off the tracks far outnumber those few areas where we can find, by any
stretch of the imagination, any sort of good economic news. And it would be difficult to argue that any
of what has taken place, has occurred by accident. Since day one of his presidency there
has always been a certain level of
purpose in bringing about an economic collapse.
For instance:
Economic
growth: Has been
absolutely anemic, at best. This recovery is essentially a bust. Compare the
growth rate of 2 percent under Barry with nearly 4 percent under President
Reagan and 3.5 percent for a normal recovery.
This means we have $2 Trillion less gross domestic product today than we
would if Barry's performance had been average (i.e., a C grade) and $3 Trillion
behind the Reagan recovery of the 1980s (an A grade). If Barry had done as well
as Reagan, we would have $24,000 higher annual output per household this year.
College
and Health Costs:
Skyrocketing. Barry promised to lower health costs by $2,500 per family.
Oops. This year we have learned that many states are reporting insurance
premium increases of 10 percent, 20 percent and even 30 percent. Over the past
decade, medical costs are up significantly.
University tuition costs are also surging despite
Barry campaign pledges to make college more affordable. Compared with the
2008-2009 school year, tuition and fees at public four-year colleges in
2014-2015 increased by about 37 percent. Meanwhile, tuition and fees at
four-year private nonprofit universities increased by about 26 percent, to
$31,000 a year. The more money Barry throws at higher education, the more they
raise their costs.
Real
Unemployment:
Over 10 percent. The low unemployment rate of 5 percent that Barry
boasts of is nothing more than a statistical trick. The real rate of unemployment under Barry is
more than twice as high. When counting underemployed part-timers and those
working-age Americans who have dropped out of the labor force — mostly because
they can't find a job — the rate is over 10 percent. There are now more than 90
million Americans over the age of 16 who are not working — an all-time high.
Take-Home
Pay: Falling like a proverbial rock. Since Barry
took office, real household income has fallen $1,748 (from January 2009 through
this June). This represents a 3.1-percent decline in take-home pay. Real median weekly earnings have stagnated, too.
Since the fourth quarter of 2008 through the first half of 2015, median weekly
earnings have been flat.
Income
Gaps: Rising. The
biggest income declines during Barry’s tenure have been recorded by women,
Hispanics, blacks and young workers — the very groups he promised to help. According to Sentier Research, single women
saw their incomes fall by roughly 5 percent in the five years following the end
of the Great Recession in 2009. Those ages 25-34 experienced an income decline
of 4.4 percent. Black heads-of-households saw their income tumble by 7.7
percent, while Hispanic heads-of-households' income fell 5.6 percent. These income declines don't even include the
huge hit that families took during the 2008-2009 recession.
National
Debt: Up, Up and
still UP some more. During Barry's tenure, the national debt has soared more
than $7.5 Trillion to surpass $18 Trillion, and the new budget deal means that,
by the time he leaves office, the debt will have nearly doubled. The federal
debt has now hit more than $220,000 per household — which is like a second
mortgage.
Taxes: Way Up. Barry “Almighty” has raised taxes on
investment income, dead people, medical device manufacturers, health insurance
policies, smokers and hospitals — to name a few. Further, Obamacare's
"individual mandate" amounts to a massive tax hike on the middle
class. The U.S. now has the highest business tax in the world, and businesses
are fleeing offshore and taking jobs with them.
So if Hitlery is going to whine about how little
credit the media gives Barry on the economy, then I would argue that maybe
Barry should start taking some of the "credit" for the shape our
economy is currently in. And he can
start by taking responsibility for most of what has gone so horribly wrong. But, as we all know, taking responsibility
isn’t exactly Barry’s strong suit. He’s
much better at making excuses and blaming George W. Bush.
But in all honesty, it’s unlikely that Barry sees
anything he has done as being wrong. But
that’s only because he came into office as a man on a mission. A mission to “fundamentally transform.” And as we look back at the economic policies
that have been put into place, where most us will see intentional economic
sabotage, Barry sees ‘progress’. You
see, he has accomplished exactly that which he intended to accomplish, and in
spades!
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