Obama now claims he inherited all of the economic problems.
Reagan inherited worse, with inflation, and by the three year point was doing much better. Obama’s choice was to expand government, print money and raise taxes, the opposite of Reagan. Obama is a failure at economic policy, and he knows it. This is the Obama economy.
Let’s also not forget, Obama was in congress voting for massive spending with the other democrats since 2006. His first move as president was to spend more than any president ever in the history of the United States. Obama is wrong, and he knows it. This is the Obama debt.
Obama wants to continue these failed policies, trash his opponents in the media, provide little leadership, and go back to fund raising and campaigning on taxpayer dollars. Obama wonders why government can’t fix the economy. It’s because government is the problem in the economy, and the markets have specifically pointed that out. This is the Obama downgrade.
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