Charts and graphs, oh my…
On its face, one could say that statement was just political bluster, spewed by a failed and departing president in search of a legacy. But this is truly puzzling, and speaks to what many are now calling, President Barack Obama’s “alternate universe”.
Putting aside a convoluted and completely academic foreign policy application, which has arguably caused human suffering and devastation in some areas of the Middle East on a scale reminiscent of post-war Berlin, the POTUS was speaking at the White House yesterday, in an effort to convince “We the People” that what we’re seeing (and feeling) with regard to the American economy is nothing more than Republican’s campaign talking-points. Now Notwithstanding the lowest labor participation rate in 40 years (over 94 million out of the workforce), anemic overall economic numbers (“the new normal”) in the sectors which regenerate the kinds of jobs lost during the recession, unemployment numbers devoid of the real statistics which measure wage differentials and “under-employment”, massive increases in the numbers of people receiving government assistance, rising healthcare costs, and a national infrastructure, crumbling and crippled by an expenditure of debt unequaled by all the presidents before him combined, Mr. Obama is still able to look into that camera and defiantly claim victory in the face of the weakest America in more than a generation. “Out of touch” simply doesn’t suffice my friends…
