Showing posts with label the worst. Show all posts
Showing posts with label the worst. Show all posts

Friday, April 29, 2016

Obama: the only president never to see a single year of 3% growth. I wonder why?

Obama...the worst.

The only president never to see a single year of 3% growth.

Well, maybe that's because he raised taxes on the middle class, bragged about deficit reduction, supported austerity, stood by as Wall Street went on an unprecedented (even for Wall Street) rampage of fraud, backed democracy-busting trade deals, handed trillions to the health insurance industry so they could pay their CEO's hundreds of millions in compensation while shoring up their profits (for stock buybacks), watched as public unions were decimated.

Maybe it had something to do with that stuff?

Maybe that's why labor's share of national income fell to the lowest level ever in history? Even as their productivity rose to the highest level in history.

Pure theft.

Obama...simply the worst. And by the way, this blog predicted it, way back in 2008 right after he was elected when I posted a picture of his economic team, which were a bunch of neoclassical economists and neoliberal zealots.

What did you expect?