The Obama White House reacted to the horrible news today that the economy is shrinking by blaming the decline on Hurricane Sandy and the defense spending cuts. White House Spokesman Jay Carney had the gall to blame Republicans for the GDP number and defense cuts.
The Hill reported:
“Our economy is facing a major headwinds, and that’s Republicans in Congress,” Carney said.
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“In fact, the idea may have come in part from Obama’s current chief of staff, Jack Lew.” “In fact, the idea may have come in part from Obama’s current chief of staff, Jack Lew. The Washington Post’s Bob Woodward reported in his book ‘The Price of Politics’ that Lew, then-Office of Management and Budget director, and White House Legislative Affairs Director Rob Nabors broached the idea of a defense sequester as a threat to Republicans during negotiations over raising the debt ceiling.”