As far as I’m concerned, it borders on criminal when a politician promotes a false narrative for political or ideological sake. It’s even worse when they do it for reasons of personal legacy or job approval.
President Obama is coming to the “Ocean State” today and I’m sure he’ll be going on and on about how great the economy is, when in fact much of what many economists have been warning “Obamanomics” would bring to the table is actually happening. The ACA is crippling small businesses and raising the cost of healthcare for most Americans. Companies are doing more with fewer personnel leading to the lowest labor participation rates in a generation, (and skewing the jobless numbers). Burdensome taxes and regulation are slowing expansion and job growth, all while ignoring real solutions to help achieve energy independence as a nation. And one-third of Americans now receive some kind of government assistance.
Now these facts are debatable in terms of their individual effects on any given segment of the economy from one quarter to the next, but they are facts nonetheless. And to be parading around the country describing what’s happening economically as anything more than a flailing free market system in need of tangible stimuli, could certainly be a definition for demagoguery.
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