With President Obama’s gas tank now less than an eighth full, it’s amazing where he has taken black Americans. Mainly, it’s been a long ride in reverse.
“After seven years of President Obama’s experiment with bigger government, more spending, and higher taxes, the result is an economy that is underperforming and denying opportunity to millions of Americans,” lamented House Budget chairman Tom Price (R., Ga.). With 2015 GDP growth at just 2.4 percent, Price added: “It is disappointing that the president continues championing this economic record — [fourth quarter 2015] growth at less than 1 percent and, according to the Congressional Budget Office, an average growth rate of just over 2 percent in the coming decade, if we keep the same policies in place. That is a full percentage point below the historical average.”