Schiff: Obama Caught “Peddling Fiction” to Hide Pre-Election Recession

Thursday, March 10, 2016
By Paul Martin

Mac Slavo
March 10th, 2016
SHTFplan.com

Despite the extent to which the officials in the White House, and the talking heads in the media and on Wall Street deny that the economy is faltering, it is this very issue that is driving voter outrage in the direction of Trump and Bernie.

It’s the jobs, stupid!

And since Obama can’t fix it, he’s lying about it to maintain appearances.

Because so many have become so ill-adjusted to the unforgiving job market, there is great talk about why our national policy is directed towards destroying employment, income, savings and the American dream in general.

After 8 years, it is a problem that Obama may have inherited, but will now have to own.

Peter Schiff claims that:

In his seventh, and final, State of the Union address this January, President Obama, clearly looking to bolster his legacy as the president who vanquished the Great Recession, boldly asserted that “Anyone claiming that America’s economy is in decline is peddling fiction.” Unfortunately for the President, more and more Americans seem to believe (with an adequate basis for proof) that the fiction is emanating from the White House.

It’s hard to imagine how anyone can really assert with a straight face that the economy is currently “strong.”

[…]

Companies have been incentivized to cut their full-time work force… The view from the street looks quite different, as workers prefer one good job to several bad ones. This is why rallies for Donald Trump and Bernie Sanders are so well-attended. The underemployed are fed up with platitudes from the elites and they flock to these outsider candidates, who seem to understand their pain.

The Rest…HERE

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