Outrageous…. Obama Deputy Manager Says Obama Created More Jobs Than Reagan (Video)
Sick. Obama Campaign lies again.
Deputy Campaign manager says Obama created more jobs than Reagan.
What an outrageous lie.
Via Real Clear Politics
Real Clear Politics has the transcript:
Willie Geist, MSNBC: What would you say to that same person that said, ‘Well, that hasn’t worked for four years. I haven’t had the job over time, it’s time for a change.’
Stephanie Cutter, Obama deputy campaign manager: Well, I think that worker probably has a good understanding of what’s happened over the past four years in terms of the president coming in and seeing 800,000 jobs lost on the day that the president was being sworn in, and seeing the president moving pretty quickly to stem the losses, to turn the economy around, and over the past, you know, 27 months we’ve created 4.5 million private sector jobs. That’s more jobs than in the Bush recovery, in the Reagan recovery, there’s obviously more we need to do, and as I said to Mika at the at beginning of the program, I think that unemployed worker probably sees one person in this race trying to move the country forward and that’s the president.
Here’s the truth… Back in 1980 during a similar economic downturn President Ronald Reagan took the exact opposite approach as Barack Obama. Reagan cut taxes and regulations. When Reagan signed the Economic Recovery Act at his ranch in 1981, it was the largest tax cut in American history. And it was a massive success. Jobs were created. In 15 months in 1983-84 job growth was 4,655,000, while in the comparable 15 months in 2011-12 it was 2,475,000, just a little more than half as many. The average GDP during Ronald Reagan’s 4th year in office was a whopping 7.75%.