Not so fast! Obama brags about economy – but there’s 1 problem

While President Obama proudly claims to have pulled the U.S. economy off the brink of depression
and into robust growth, a leading economic expert says Obama’s claims are nothing more than “calculated deception” and that America’s emergence from the financial crisis is the worst economic performance in 80 years.

In recent weeks, Obama has told crowds of supporters his administration has achieved a historic economic turnaround.

“Thanks to the hard work of you and some actually pretty smart policies by us, we have come farther and recovered faster than almost any other advanced nation on earth,” said Obama at a recent event.
“So despite what you may hear, there is no doubt we are making progress. By almost every measure, we are better off than when I took office,” added Obama.

Heartland Institute Senior Fellow Peter Ferrara is author of the institute’s report titled “Why the United States Has Suffered the Worst Economic Recovery Since the Great Depression.” He told WND and Radio America Obama’s message is largely smoke and mirrors.

“I describe President Obama’s rhetorical style as calculated deception,” Ferrara said. “Those clips are the most perfect example I’ve heard of that to date.”


Far from agreeing with Obama’s assessment, Ferrara wonders when America ever had a recovery.
“There’s been no economic recovery from the 2008-2009 recession to this day,” he said. “You’re going to see that happen now under Trump. You’ll see what a huge difference it is when you have a real economic recovery instead of the paltry, weak excuse of a recovery we had.”

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Not so fast! Obama brags about economy – but there’s 1 problem