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AEI’s Arthur Brooks argues that the economy has declined during the Obama administration.
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Of India.
Bill Clinton said we're better off than we were four years ago and the President Obama has laid the -- -- for more jobs and economic growth still to come.
He just needs another thumb -- we can quote unit.
Joining the company from Washington is off the broke American Enterprise Institute another of the -- that we've assembled for you today.
-- Gaza if we give -- President Obama another four years will we have a robust return to prosperity.
It seems very likely Stewart it's it's astonishing to me that Bill Clinton stands up there and says hey look.
We're better off there were we were four years ago because -- were losing 750000.
Jobs a month for years ago and -- -- -- to get a decline of 9% in GDP for years -- -- what kind of argument is that the benefit Kabul at least cherry -- time -- resonated -- you go back to make sure bluster of the luster of closely look a little -- battle by compassion -- cherry picking.
Yeah exactly right and and more -- the point one of the things that we know.
And the analyses are starting to really pour in at this point is that the keynesian analysis are the keynesian policies of of Obama economics.
Over the past four years are manifestly failing -- -- there.
Actually succeeding in doing what they're supposed to do which was to stimulate state and local government that that's really -- the stimulus was all about that's what -- -- and actually does.
But -- horrible for bringing an economy back around and ultimately we're we're going to have to do is to they think raise taxes which makes -- a real win win for the liberal agenda.
But are we better off than four years ago are we better off from a realistic.
Comparison to where we where we would have been in the -- Clinton economy quarters ago of course not is it going to be better for -- -- note of these policies.
I don't think so.
I'm looking at the state of the economy right now as of the month of September in the month of August.
Seems to me -- on a weakening trend again manufacturing week name.
Construction weak name.
-- employment picture it is still very weak.
At this point can the president realistically say -- going in the right direction just at this point in time.
It's no -- know -- mean I don't think -- he can say with a straight face there's there's no compelling evidence to suggest that the economy is moving in the right direction.
We get tossed around because of dated a macroeconomic news and -- remember that we're in the middle of a dal rally at this moment as we speak.
So we can say -- things are getting better but -- this is our our kind of thing that we're talking about.
The fundamentals of what the economy is doing don't look good and one of the reasons they don't look good -- because -- -- -- has been so bad for the more.
We have a president who actually seems with -- ingrained belief that we have to increase taxes starting.
Just in a few months if he's reelected and we know from every reliable source of this will provoke a double dip in the recession that this be catastrophic these are terrible idea.
-- Brooks the next time you're in New York would you please come and sit on the set with me for a full -- join Al companies that we compete Q brains for sixty full minutes would you do that so.
I would love to -- that Steward -- -- -- your -- stuff off of Brooks thank you so much for being with us today --
