July 22, 2016

OUR REPUBLICAN PRESIDENT:

Many 2012 Republican campaign promises have come true under .... Obama? (Christine Romans, 7/22/16, CNNMoney)

Mitt Romney four years ago pledged to bring the unemployment rate down to 6% by the end of 2016. Back then the jobless rate was above 8%. But it has moved steadily lower, falling below 5% today. The economy has added some 9 million jobs. In 2014, the U.S. saw the fastest job growth since 1999, and the second best in 2015.

The "Obama economy" has also delivered on other Republican promises.

Four years ago, presidential hopefuls Michele Bachmann and Newt Gingrich promised gas prices below $2.50 a gallon and the GOP platform called for more domestic oil production. During the second Obama administration, domestic oil production has surged to a record (in part because of fracking) and America's abundant oil supplies have helped slam oil prices and bring gas prices down to $2.20 a gallon.

In the stock market, blue chips have never been higher. Since the week of the 2012 convention in Tampa, the Dow has shot up more than 40%, rising from 13,000 to over 18,500.

The bitter reality for the Right and the Left is that the UR is who we hoped McCain/Romney would be.
Posted by at July 22, 2016 4:38 PM

  

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