B.J. Clinton was in Arkansas campaigning for Mark Pryor… another one of those ‘Dynasty Democrats’ like the Udall Brothers, the Kennedies, and Mary Landrieu … who inherited their seats from their politically powerful families. And in defending Obama’s economic record, he said this.
The economy is coming back but nobody believes it yet because you don’t feel it. But remember what I said four years ago — or two years ago — in Charlotte. Financial crises take an average of 10 years to get over. We just crossed over and we’re now creating more jobs above where we were before the crash.
So, basically, he is saying the economic prosperity of the Clinton years was just the Reagan policies kicking in 10 years later.
Nice of him to finally admit it.
Oh, and that bit about “we are creating more jobs then we did before the recession” is bullsh-t. Last month, for example, the economy created 240,000 (mostly part-time and temporary) jobs… but 315,000 people left the workforce, and the percentage of Americans working is at a historical low.