Despite 7-Years Of Growth, Santorum Claims Obama “Strangled” The US Economy

Screengrab/CNN/YouTube

According to Rick Santorum, the Federal Reserve helped Barack Obama as he "strangled the economy" but is fighting Trump.

Republican commentator and former Senator Rick Santorum complained on Wednesday that the Federal Reserve helped President Barack Obama as he “strangled the economy” for eight years but is hindering President Donald Trump by raising interest rates.

Via RawStory:

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.”

RawStory noted that the economy grew seven of the eight years Obama occupied the White House, his first year seeing negative economic growth due to the Great Recession.

Watch here.

Comments (2)
No. 1-2
Naturegirl
Naturegirl

He is a quirky. Idiot...!! That is....Very limited intellect...!!

Alsgal
Alsgal

Like most Republicans Santorum talks out his a** and spews RW word salad. I just consider the source and turn the channel