While The ‘ever-fearful’ Fed continues to hold rates at emergency low levels, President Obama proclaimed once again that “we’ve recovered quicker” as he took yet another economic victory lap. “I’m proud of our economic track record” he exclaimed, despite Harvard having blown that myth out of the water, before he turned his attention to Trump, talling him to “stop whining.”
President Obama explained today…
*OBAMA ON ECONOMIC RECOVERY: FAIR TO SAY WE’VE RECOVERED QUICKER *OBAMA: “I’M PROUD OF OUR ECONOMIC TRACK RECORD” Which is odd, as we detailed previously, Harvward University thinks it’s nothing to be proud of at all…
A couple of months back we posted 9 charts that, at least in our minds, debunked the myth of the “Obama Recovery” despite suggestions from the administration that any such efforts were just a futile attempt at “peddling fiction” (our original post: “These Are The 9 Zero Hedge Charts Showing “Obama’s Recovery” That Angered The Washington Post“).
This post was published at Zero Hedge on Oct 18, 2016.
Follow on Twitter
Recent Comments