Progressive Defenses of Obamanomics Are Laughable

-Tom Woods Show

Supporters of Barack Obama say his economic record is actually quite strong, and that right-wingers simply can’t accept that. David Stockman, formerly of the Reagan administration, reduces these claims to rubble, and then destroys the rubble.

Among the issues covered:

• Has Barack Obama been a great job creator?
• Has Obama outperformed Ronald Reagan on job creation?
• Is it true that the low labor force participation rate is just a function of retiring Baby Boomers?
• Did “the sequester” interrupt Obama’s otherwise successful rejuvenation of the economy?
• Would more infrastructure spending help the economy?
• What has real investment growth been like?
• Isn’t the booming stock market an indication that the president is on the right track?

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RON PAUL NEWS