Obama economist melts down on Cavuto Show

Obama spent a TRILLION DOLLARS and has produced no net jobs gained.

When Neil Cavuto on the Fox News Channel put that question to Obama’s chief economist his answer was to obfuscate and to change the subject.  Then when Cavuto pressed on the subject, he reverted to swearing.

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This is the Obama economy:

  • On Friday the Dow ended the week down 400 points!
  • June unemployment was up by 125,000. LINK
  • 500,000 jobless workers stopped receiving unemployment payments.  They ran out of benefits.
  • The unemployment rate rose to 9.5% only because of the 500,000 workers lost their benefits.
  • The state of Illinois stopped paying it’s bills.  LINK
  • 7.9 million jobs have been lost.  It’s likely many will never come backLINK
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