100% Wrong Again, Shelly

Ahh, the Bachmmaniac.  You can pretty much always count on any facts she spews to be incorrect to the point of requiring derisive mocking of her ignorance.  Today's whopper:

Rep. Michele Bachmann (R-MN) has often warned that America is being transformed under President Obama from a free-market system into a totalitarian socialist one -- and now she's employing an interesting piece of tautology, depicting the pre-Obama era as some kind of perfect free market.

Bachmann told the Christian Examiner site: "I think it is jaw dropping when you think that under his watch, the federal government has taken ownership or control of the private economy. People know that something has really changed. The federal government now owns or controls 30 percent of the private economy. Just over a year ago, you couldn't say that. Just over a year ago, 100 percent of the private economy was private. Today, 30 percent is owned or controlled by government."

The 30% claim is factually incorrect.  But the "100% of the private economy was private" remark is just flat-out stupidity.  On its face, it's meaningless, it's a LOLCat meme: "private economy is private."  If she actually meant that 100% of the total economy was private before Obama, well she's flat-out wrong on that, too.

The more she talks, the less sense she makes.  It's irresponsible, especially since she's just making stuff up to try to attack Obama.