The acting DNC Chair privately admitted the Obama economy is causing despair but boasted about it in public.
The Obama economy has produced the slowest “growth” since World War II, but that measure didn’t seem to matter to acting DNC Chair and Obama supporter Donna Brazile. Here is her tweet from January:
Under President Obama, the economy has experienced a record 70 straight months of private-sector job growth. Over 14 million jobs!
— Donna Brazile (@donnabrazile) January 13, 2016
If you knew that Brazile’s boast was worthless you might assume she was ignorant about the true state of the economy.
She may indeed be ignorant about economics, but she knew at the time that the Obama economy was not worth boasting about. Thanks to Wikileaks we now have an email she sent to John Podesta. According to Lifezette,
“I think people are more in despair about how things are — yes new jobs but they are low wage jobs,” she admits. “HOUSING is a huge issue. Most people pay half of what they make to rent,” she continued.
Such honesty from such a vocal and public cheerleader for the Obama administration is sure to embarrass the White House, and contradicts the official Democratic Party line that Obama is some sort of economy-saving superhero.
That was in February. Brazile was putting lipstick on a pig for the public but she knew the economy was in the mud.
Brazile’s comments also underscore the extent to which Democrats are perfectly happy to lie to the public in furtherance of their toxic, divisive agenda.
Obamacare and lots of other regulation and taxes under Barack Obama are partially responsible for the horrible economy. He has only added pain as we have struggled to make a living. He is our Pharaoh commanding us to make bricks without straw.
But the real damage he has done is by keeping the same regime in power over our money. He claimed he was for “hope and change” but nothing changed at the Federal Reserve. He kept the Chairman appointed by George W. Bush, Ben Bernanke, despite the fact that Bernanke had insisted for years that there was no housing bubble. His “quantitative easing” was supposed to be an emergency measure to restart the economy. It did nothing of the kind. And now the media is admitting it will never end.
Actually, it did a lot for the one percent. People in high places in the Federal Reserve have admitted that they are plundering the workers, savers, and people on fixed incomes in order to bloat up the rich who increase their wealth through equity prices. The only justification offered for this is that they are supposed to use this money to “stimulate” the economy.
In other words, the whole premise of the Obama economy is “trickle-down.”
But it doesn’t work. It simply hollows out the middle class and forces the poor into more dependency.
Democrats like Brazile will realize something is wrong, but they won’t by honest about it.