June 2, 2016
Obama: America Not In Decline [VIDEO]
President Barack Obama appeared on the PBS NewsHour with Gwen Ifill from Elkhart, Indiana. He gave a speech earlier, sat down with Miss Ifill for the NewsHour, and at 8:00 p.m. PBS was to broadcast a Town Hall from Elkhart. “Questions for President Obama: A PBS NewsHour Special” isn’t that a totally precious title.
Watch this painful four minutes and then we’ll discuss.
Fiscal year 2015 deficit $438 Billion versus fiscal year 2016 projected deficit of $616 Billion is bad enough. Our bigger problem is the DEBT. The U.S. National Debt grew an unhealthy FIVE TRILLION dollars under President George W. Bush. Under President Barack H. Obama, in seven and one half years, the U.S. National Debt has grown an unsustainable NINE TRILLION dollars to an estimated 19.2 trillion dollars. I wonder if either Gwen Ifill or Barack Obama know the difference between the deficit and the debt.
Obama claims the unemployment rate was nearly twenty percent shortly after he took office and is now around four percent seven and one half years later. Dear Mr. Delusional President, when the percentage of those NOT in the labor force (not working or looking for employment) is at a 36 year high, then the unemployment rate cannot be four percent, unless the books are being cooked…..hmmmm? The U6 rate is about ten percent. The U6 figure includes the discouraged and underemployed worker.
Unfortunately, Miss Ifill cannot/will not ask follow up questions.
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