Saturday, October 18, 2014

A Deficit Of Attention

To recap, President Obama has kept his promises to cut the unemployment rate (from 10% to 5.9% and falling) and to cut the deficit (now down to $483 billion from $1.3 trillion) but apparently this makes him the worst president in American history for some reason.

The Obama administration hailed lower budget deficits as a "return to fiscal normalcy" Wednesday, announcing that the budget deficit ended fiscal year at $483 billion -- the lowest level since 2008.

That's $197 billion less than last year, and $165 billion less than even President Obama forecast in his budget.

As a share of the economy, the deficit is now at 2.9% -- less than the average deficit over the last 40 years.

But still Obama is hated and awful and unpopular (even though his approval is still in the low 40s, where it was five years ago) and collapsing and coming apart and doomed and he's a lame duck and incompetent and...

...and black.  Maybe that has something to do with it.

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