Attention

The opinions expressed by columnists are their own and do not represent our advertisers

Tuesday, July 26, 2016

Economic growth has stagnated under Obama

This week the Democrats officially coronate the battered Hillary Clinton as the torch bearer for the party. She has slouched to the finish line. She is tired and the country is tired of her. Sorry, Democrats, no do-overs. You’re stuck with her.

But it isn’t just Hillary who is out of touch and in tragic decline, it’s the whole Democratic Party. My friends at the American Enterprise Institute reported last week that the Democratic platform is silent on “economic growth.” Maybe that is because across the country during the past eight years of Obamanomics economic growth has been silent.

This is an exaggeration, of course, but not much of one. We have had 2 percent growth under President Obama, but that’s an economy treading water. It’s sister-kissing growth that, yes, has thankfully kept us out of recession, but doesn’t lead to much if any rise in living standards.

More

No comments: