{"id":34564,"date":"2018-10-24T19:44:02","date_gmt":"2018-10-24T23:44:02","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=34564"},"modified":"2018-10-24T19:44:02","modified_gmt":"2018-10-24T23:44:02","slug":"sometimes-the-facts-just-dont-agree-with-the-spin","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=34564","title":{"rendered":"Sometimes The Facts Just Don’t Agree With The Spin"},"content":{"rendered":"

Investor’s Business Daily<\/a> posted an editorial yesterday about some assertions made by former President Obama in a recent speech.<\/p>\n

The editorial notes:<\/p>\n

In a speech at a rally in Nevada, Obama claimed that the current economic boom has nothing to do with Trump’s economic policies.<\/strong><\/p>\n

“By the time I left office,” he said, “wages were rising, uninsurance rate was falling, poverty was falling. And that’s what I handed off to the next guy. So when you hear all this talk about economic miracles right now, remember who started it.”<\/strong><\/p>\n

Well, who did start it?<\/p>\n

The editorial explains:<\/p>\n

GDP growth was decelerating throughout 2016. Household income was flat. The unemployment rate was flat. The stock market was flat.<\/strong><\/p>\n

And, “by 2016, wage growth began to taper off quickly,” notes the American Action Forum’s Ben Gitis<\/a>.<\/strong><\/p>\n

Even The New York Times, which has been gamely trying to grant Obama credit for the current boom, now admits that 2016 was an “invisible recession.”<\/strong><\/p>\n

“There was a sharp slowdown in business investment, caused by an interrelated weakening in emerging markets, a drop in the price of oil and other commodities, and a run-up in the value of the dollar,” it explained.<\/strong><\/p>\n

Slow Growth Expected<\/em><\/strong><\/h2>\n

By the end of 2016, pundits and economists were widely predicting a new era of slow economic growth. Why? Because for eight years under President Obama’s leadership, the economy struggled to even top 2% annual growth. It never reached 3%. And every single year GDP growth missed the forecasts by Obama’s own economists.<\/strong><\/p>\n

So for Obama to claim that he handed Trump a thriving economy is 100% pure poppycock.<\/strong><\/p>\n

What’s more, Obama and other liberal Democrats insisted in 2016 that if Trump were elected, he’d send the economy into a tailspin.<\/strong><\/p>\n

There is a definite difference between words and results. Former President Obama can claim all the economic success he wants, but the numbers simply do not back him up.<\/p>\n","protected":false},"excerpt":{"rendered":"

Investor’s Business Daily posted an editorial yesterday about some assertions made by former President Obama in a recent speech. The editorial notes: In a speech at a rally in Nevada, Obama claimed that the current economic boom has nothing to … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[401,11465,3428,2507,364,10589],"class_list":["post-34564","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-economic-growth","tag-economic-policies","tag-economy","tag-investors-business-daily","tag-president-obama","tag-president-trump"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/34564","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34564"}],"version-history":[{"count":1,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/34564\/revisions"}],"predecessor-version":[{"id":34565,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/34564\/revisions\/34565"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}