GDP figures came out Friday. Another quarter of growth well below 3%. Except for last quarter, laden with military purchaes, growth has been 3% or less almost every quarter of Obama's presidency. Coming out of a recession that simply sucks. Look at total growth and Obama is the stunted president.
Bush's recovery produced a total 15.8% growth
Clinton's tech boom economy that all Democrats pine for produced a total 16.7% growth
Reagan's recovery, which Dems like to tarnish any way they can, produced a whopping 27.7% growth
Obama's recovery that he touts all the time produced a measly 10.8%.
This is, some would say, despite massive government intervention in the economy. I would say it's because of it, but that's another story.
And despite Dem talking points, income inequality is worse today than any other time.
And there is the connection. Democrats talk about taxing the top income earners as a way to achieve income equality. That doesnt work, has never worked, and wont work again.
What they neglect are the stagnating middle class workers. Slow growth has a price. And that price is being paid by middle class people who lost a $60,000/yr job and now have a $40,000/yr job. Pro-growth policies, including rolling back the enormous burden of regulation, would produce faster growth, and higher incomes across the board.
But Dems dont want to talk about faster growth. They want to create class warfare. And their drones here will go for it every time because they dont care how much they make, they only care some other guy is making more than them and they want some of it. Dems are envious and stupid.
(Source: Recovery from Great Recession is underwhelming Pew Research Center
Bush's recovery produced a total 15.8% growth
Clinton's tech boom economy that all Democrats pine for produced a total 16.7% growth
Reagan's recovery, which Dems like to tarnish any way they can, produced a whopping 27.7% growth
Obama's recovery that he touts all the time produced a measly 10.8%.
This is, some would say, despite massive government intervention in the economy. I would say it's because of it, but that's another story.
And despite Dem talking points, income inequality is worse today than any other time.
And there is the connection. Democrats talk about taxing the top income earners as a way to achieve income equality. That doesnt work, has never worked, and wont work again.
What they neglect are the stagnating middle class workers. Slow growth has a price. And that price is being paid by middle class people who lost a $60,000/yr job and now have a $40,000/yr job. Pro-growth policies, including rolling back the enormous burden of regulation, would produce faster growth, and higher incomes across the board.
But Dems dont want to talk about faster growth. They want to create class warfare. And their drones here will go for it every time because they dont care how much they make, they only care some other guy is making more than them and they want some of it. Dems are envious and stupid.
(Source: Recovery from Great Recession is underwhelming Pew Research Center