12/19/2016 / By Mary Wilder
In an attempt to protect the “sacred” reputation of their hero, President Barack Obama, the Regressive Left has started lying about virtually everything. All of his failures are deemed as successes. All of his controversies are ignored as if they never existed in the first place. It’s a dangerous standard they have set, but it isn’t all that surprising.
Now things stand to get even more ridiculous as they are trying to claim that the economy that Obama is leaving behind for President-elect Donald Trump couldn’t be better. Not only could it be better, you’d have a hard time finding a worse economy to leave behind…
Seth Lipsky of The New York Post reports, “The truth is that the Obama years have been among America’s worst for the economy. His eight years will go down in history as the Great Recession, even though for much, even most, of the span, we weren’t technically in a recession.” Lipsky goes on to explain that “the Obama economy failed to prosper even though the Federal Reserve had its pedal to the metal. Its quantitative easing, $2 trillion balance-sheet expansion and zero-interest-rate policy all produced zilch.”
That doesn’t even touch on the Obamacare disaster that Trump will inevitably have to deal with, but this is par for the course for the Regressive Left. They simply ignore facts that don’t support their warped beliefs of how the world is supposed to work. That kind of behavior is precisely what got all of us into this mess and it is what we are all having to suffer the consequences of today.
So why is the mainstream media now championing Obama’s economy? It’s pretty obvious. They’re trying to discredit Donald Trump before he even takes office. If the economy is booming when he leaves, then they’ll claim it was all because of Obama’s brilliance. If it isn’t miraculously fixed overnight, they’ll claim that Trump ruined Obama’s masterpiece. It’s a win-win for them unless you’re willing to look at these situations objectively. If you are, then you’re almost guaranteed to realize that there is something fishy going on in this reporting.
Nobody would want to inherit this kind of economy as president. It’s a complete mess and anyone living in America can see that. Between the insanely high insurance premiums to the high taxes and everything in between, money is an issue for most people in our country — and a lot of that has to do with the Obama administration.
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Tagged Under: barack obama, Donald Trump, economics