“We have come a long way over the past five and a half years. Our challenges are nowhere near as daunting as they were when I first came into office.” – President Obama, Aug. 1, 2014
I came up out of my chair when I heard the president say that during his pre-vacation press conference on Friday, but there wasn’t a sound out of the dutiful press corps in the audience.
Really Mr. President?
Let’s look at the economy. You said, “The good news is the economy clearly is getting stronger. Things are getting better.” And you claim “we’ve recovered faster and come farther from the recession than almost any other advanced country on Earth.” Wrong. We are mired in the slowest recovery ever!
What about the four per cent drop in real median household income under your watch, Mr. President? And how about those 11 million workers who quit looking for work … the 11 million who went on food stamps … the increases in prices (food, gasoline and electricity)? Growth is sluggish.
No, Mr. President, the economy is not looking up. The national debt continues to climb and seniors have learned that Social Security will go broke in 2030, seven years sooner than when you took office. Continue reading