The worst economic crisis since the Great Depression?
The worst economic crisis since the Great Depression is the so-called recovery under President Barack Obama. The Obama “recovery” has been actually been worse than the Bush “recession.”
The state of our union is this: Incomes are lower today than they were when Barack Obama was first sworn in as president. True, he became president during a recession, and incomes dropped 2.6 percent during the recession. Since the end of the recession, they have dropped another 4.8 percent — which is to say, incomes have fallen almost twice as fast during President Obama’s so-called recovery than they fell during what he (inaccurately) called “the worst economic crisis since the Great Depression.”
North Korea has Dear Leader. We have Dear Reader. Iran has the Ayatollah, we have President “I-just-told-ya.” Libya had Khadafy, we have “Hillary, get me a coffee.” France has a rich, clueless, socialist poser as its president; America has a rich, clueless, socialist poser as its president.
If America succeeds—and the trend line is not encouraging—it will be in spite of President Obama and not because of him. Even Bill Clinton (once he’d lost the House and the Senate) knew enough to get the government out of the American economy’s way.
So how to explain the President’s not-stellar-but-not-as-bad-as-you’d-expect approval ratings? Easy: You can fool some of the people all of the time.