Well,
since the statement mocking and making fun of the idea that America
could ever again in the future have three percent annual economic
growth was formulated and spread by the Obama administration, it’s
both a statement of stupidity and it’s a liberal lie. On or about
April 29, 2016 this idea of no more real economic growth being
possible in America became the “new normal” for Obama and his
pals, and in their limited, traditional, head-in-the-sand opinion,
they were stating the truth as big-government leftists see the truth.
After all, liberal economic policy concentrates on the welfare of,
and the expansion of, government, and only reluctantly provides a few
hand-me-down goodies from big brother to the middle class, if it
provides any consideration for the middle class at all.
While
Obama covered lavishly for any losses insurance companies may have
experienced under his unconstitutional and illegal Obamacare, he
heaped benefits on his ultra-rich Wall Street buddies via a rigged
interest rate calculation scheme that artificially buoyed the stock
market, and by printing money in vast quantities. Also during the
Obama administration we witnessed the reintroduction of the failed
policy of giving home loans to people who had a proven record of not
making payments on their loans in the past. This scheme was intended
to get the real estate market booming again, and had the down-stream
result of artificially increasing the personal wealth of Obama’s
Wall Street pals by boosting the stock market to a Dow Jones rating
to unheard of levels.
President
Trump took advantage of the bubble that Obama’s scheming created in
the stock market and, with the soundest of economic policy and in
anticipation of Trump’s tax cuts and reducing or eliminating
growth-killing regulations, the Dow Jones Average has increased by
over 5000 points since Trump took office. We can all thank God that
we have a real, thinking man in the White House who understands that
when people are free to seek their own benefit and not serve the yoke
of big government, great things happen for all citizens.
