Ken Berwitz
For anyone who needs another example of how completely the Obama administration has lied, and continues to lie, about the condition of our economy…
…we have this, from Michelle Jamrisko of bloomberg.com:
U.S. retail sales dropped in February and the prior month\’sgain was revised to a decline, calling into question the narrative that biggergains in consumer spending would propel economic growth at the start of 2016.
The 0.1 percent decline in purchases followed a revised 0.4percent January decrease, Commerce Department figures showed Tuesday. Salesexcluding gasoline rose 0.2 percent in February, reversing the previous month\’sretreat.
Add that to the labor participation rate being at a 39 year low, and the Obama administration\’s transformation of our economy into a part time/lowest wage horror show – which explains all those “look at how many jobs we\’ve created” dodges as the middle class continues to shrink and the wage gap between rich and poor continues to grow.
If you need any more examples beyond this, don\’t worry. They\’re sure to be coming. I hope Bloomberg continues to publish them…because most mainstream media sure as eff won\’t bother – not in an election year, when this kind of information could hurt the Democrat nominee.
