Former President Barack Obama’s press secretary Jay Carney made a totally false claim about how Obama talked about the stock market on Monday.
Carney claimed that under Obama, “we NEVER boasted about the stock market.”
Good time to recall that in the previous administration, we NEVER boasted about the stock market — even though the Dow more than doubled on Obama’s watch — because we knew two things: 1) the stock market is not the economy; and 2) if you claim the rise, you own the fall.
— Jay Carney (@JayCarney) February 5, 2018
As Townhall’s Guy Benson points out, this is totally wrong.
— Guy Benson (@guypbenson) February 5, 2018
In Obama’s 2015 State of the Union address, he said, “At every step, we were told our goals were misguided or too ambitious, that we would crush jobs and explode deficits. Instead, we’ve seen the fastest economic growth in over a decade, our deficits cut by two thirds, a stock market that has doubled and health care inflation at its lowest rate in 50 years.” (RELATED: Obama Mocked Trump’s Political Ambitions. Trump Spent His First Year Dismantling Obama’s Legacy)
As you can see, Carney’s claim could use some help in the truth department.