Economy: Ever since he uttered those famous six words about the private sector, President Obama has been running away from claiming that anything much in the economy is “doing fine.” He’s just not looking hard enough.
Yes, the economy is barely eking out growth, family incomes are down, unemployment is still over 8%, corporate profits have flatlined, the stock market is moving sideways and a bunch of major banks just had their credit ratings downsized.
But surely the president of Hope and Change can see silver linings in all these dark clouds. After all, there are many parts of the economy that are doing much better than fine under Obama’s careful ministrations.
Read what’s booming under Obama here.