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ICYMI: Democrats Say the Economy Stinks

- October 15, 2015

Excerpts from The Wall Street Journal

Editorial Board
Wednesday, October 14, 2015
 
"...At Tuesday night’s Democratic debate, not one of the five candidates even attempted to defend the results of President Obama’s economic policies. Instead their blistering critiques of the status quo showed they all agree on at least one point: Today’s economy is a disaster for hard-working Americans.
 
"As might be expected, self-declared socialist Bernie Sanders was the Gloomiest Gus. Any chance he got, the Vermont Senator waxed on about the terrible and “rigged” U.S. economy and how bad things are for anyone save those fat cats on Wall Street...
 
"You’d think someone might have taken issue with that, but the other candidates agreed that Americans are in misery after seven years of Obamanomics. Former Maryland Governor Martin O’Malley was nearly as blue as Bernie. 'What I’m talking about is this, our middle class is shrinking...We need new leadership, and we need action.'
 
"New leadership? What does this say about Mr. Obama?
 
"Hillary Clinton said she didn’t want to throw out capitalism...Her solution isn’t to try something new but to emulate Mr. Obama’s policies and then 'go further' in raising taxes, imposing more regulations and beating up the drug and insurance companies.
 
"Lincoln Chafee awakened from irrelevance to say that he would make also it a priority to 'close the gap between the haves and have-nots'...
 
"All of this amounts to a searing indictment of what was supposed to be a transformational Democratic Presidency...
 
"Look past the pro forma Republican bashing, and Tuesday’s message is stark: After nearly seven years of Barack Obama in the White House, America’s working families are struggling in an economy with fewer good jobs, stagnant paychecks, growing inequality and a system that rewards billionaires while hard-working Average Joes are left behind.

"And this is the Democratic talking point."

Read the full editorial here.

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