Rick Santorum: Obama 'strangled the economy' with 7 years of economic growth

[turbinetree]

DAVID EDWARDS
26 DEC 2018 AT 09:44 ET

Republican strategist Rick Santorum asserted on Wednesday that former President Barack Obama had “strangled the economy,” which grew seven of the eight years he was in office.

During an interview on CNN’s New Day, Santorum sympathized with President Donald Trump’s frustration at the Federal Reserve for raising interest rates.

“I know it’s frustrating to him to see the Fed prop up the Obama economy for eight years at zero interest rates as Obama’s tax and regulatory policies strangled the American economy,” Santorum complained. “And as soon as Trump comes in and un-strangles the economy, well the Fed comes in and tries to tighten it.”

“It looks like under Obama, the Fed was all for propping up this big socialist gambit that Obama was pushing,” the former GOP senator continued. “And now that we have a strong market-based president, it seems like the Fed is doing everything they can to constrain growth.”

https://www.rawstory.com/2018/12/rick-santorum-obama-strangled-economy-7-years-economic-growth/

First and foremost idiot, if you were so smart, why don't you have your own web page................I forgot someone else owns your name rights ...................... .....................so you failed economics 101

Second and this critical..................ever hear of inflation, and stagnation, and deflation....................

Which one do you think we are in......................I think we are in for deflation..................look it up, jerk, in fact I copied and pasted what it means, .....................

https://www.thebalance.com/what-is-deflation-definition-causes-and-why-it-s-bad-3306169

[jmowreader]

1. Santorum is a "strategist" now?

Wasn't this the guy who got voted out of the Senate by the largest margin in American history?

[turbinetree]

3. Yepper, spot on.................

And they CNN keep bringing him back on the shows................to jabber nothing and get a pay check..............I could do the job, and say something coherent about the economy......................

[In It to Win It]

9. How can someone that lost be a "strategist"?

[SWBTATTReg]

2. Another idiot. No wonder he didn't get anywhere w/ his presidential campaign. And what serious...

evidence did he present that Obama's economy was pushing a socialist economy? Funny he seems to have forgotten that when Obama got into office, the Bush economy was collapsing all around us. Idiot...why do people even listen to him?

[mahatmakanejeeves]

4. Please, you'll make me cry.

All those years of rising stock prices and wage growth. It was a living nightmare.

ETA: this: http://spreadingsantorum.com/

[pansypoo53219]

5. no. the GOP cockblocked him & strangled his fixes so HIS economy would look bad.

not stupid as you are.

[Faux pas]

6. Why oh why

can't he just go away now? And, who is trying to make/keep him relevant anyway? He makes me

[demigoddess]

7. I seem to remember the economy wasn't doing so well until Clinton got in

and the economy was doing well when Bush got in but not when he went out.
And the economy was doing well when trump got in but is now down quite a ways.

Santorum can't seem to remember much.

[GeorgeGist]

8. Thanks for the reminder ..

to TRASH "Santorum" .

[Norbert]

10. Same old Sanitarium

I'm sure he will argue that the economy didn't start to improve until Jan, 20, 2017.

I wonder when he will say Obama caused 9/11. I'm sure it will be soon. Dumbass.

[spanone]

11. One. loser. piece. 'o. shite.

[erpowers]

12. Trump Must Have Something on the Republican Party

The Republicans have been willing to abandon anyone and any policy since Donald Trump walked into the White House. Jeff Sessions, one of the staunchest Republicans finds himself on the wrong side of Donald Trump and Republicans abandon him. Republican policies find themselves on the wrong side of Donald Trump and Republicans abandon their supposedly long held ideas. Donald Trump must have something on them.

Other than Donald Trump having something on the Republican Party it could be that Rick Santorum and other Republicans cannot take the fact that a black male Democrat saved the economy and now a white male Republican is tanking the economy. Due to the Republican Party's worldview it was supposed to be the other way around. The black man was not supposed to be smart enough to put forward policies that would grow the economy. However, the white man was supposed to know all of the right policies to put forward to make the economy grow.

In addition, the Fed actually raised interest rates during President Obama's time in office. When the Feds raised interest rates during President Obama's time in office the economy continued to grow. Maybe what is really causes problems for the stock market is Donald Trump doing and saying crazy things on a daily basis.

[erpowers]

13. John Alvon Is A Horrible Interviewer

He just allowed Rick Santorum to lie without being questioned. I may be wrong, but I am unaware of a time when the fed lowered interest rates during the Obama Administration. Maybe they lowered interest rates at the beginning of the term in order to help the economy after the Great Recession, but I am unaware of the fed lowering interest rates throughout the Obama term. Quantitative Easing was ended during President Obama time in Office. The Fed announced in 2013 that it would slow asset purchases beginning in early 2014. By the end of 2014 they had ended the program. So, President Obama's last two years in office were without Quantitative Easing.