It seems that Austan Goolsbee, a former Obama economic adviser, told Fox News today that “Romney's record at Bain ought to be thrown open for the public to examine, considering he cites his business experience as a chief qualification to be president.”
Then, he went on to state that the incumbent “believes that the main driver of the economy is the middle class," accusing Romney of pushing a tax-cuts-for-the-wealthy view premised on the "George Bush budget." Finally, he asked, "If that was a magic elixir, why did we not have phenomenal growth?"
Well, the answer happens to be quite well known by anyone having the capability to read, along with the most simplistic understanding of how our government works. Because the nation was indeed doing quite well under Bush’s leadership until his last two years, when a newly elected Democrat congress made every effort to undo his successes, and ultimately did exactly that.
And then there was the debacle of the real estate market causing a global financial meltdown, caused to a great extent by the forced lending to unqualified mortgagees which in turn greatly harmed just about all banking institutions nationally. And who were the driving forces behind that financial disaster? Gee whiz! The present incumbent himself -along with Chris Dodd.
So, here we have a Democrat economist, Goolsbee, parroting party rhetoric that relies on the knowledge that its core constituents are basically unaware of what goes on around them, unless it appears on some brain-dead reality show or a production that avoids big words and requires no thinking.
Nonetheless, as can be seen in many recent polls, folks don’t seem to be buying the factual distortions and pure untruths as readily as they may have done before, which doesn’t bode too well for the incumbent. Because before this campaign’s over, my bet is the real record will be exposed –and in that case I think most Dem’s can start packing now.
That’s it for today folks.
Adios
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