Monday, February 26, 2018

Barack Obama's real debt and deficit legacy - Washington Times

Barack Obama's real debt and deficit legacy - Washington Times:

Image result for wikicommons images obama"But Mr. Obama made the deficit hundreds of billions of dollars worse with a stimulus plan that by the administration’s own admission didn’t create a single new job. (The number of jobs in 2009, 2010, and 2011 was lower than Mr. Obama’s economists predicted we would get if we had done nothing and not wasted $800 billion.
Mr. Obama’s failed presidency is being falsely lionized in other ways as well. The new spin from the left is that Mr. Obama saved the U.S. from a second great depression, when in fact he gave America the weakest recovery from a recession since the Great Depression. He also left Mr. Trump with an economy that was crawling at 1.6 percent— which is why many people thought we were headed to another recession."


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