O'Reilly: 'America, World's Most Powerful Economic Engine, Is Off-Track'
“The big government folks are wrong, and we the people are paying the price,” says Bill O’Reilly.
The Factor host said in his Talking Points commentary tonight that “the main issue in the upcoming presidential race will be who Americans trust more to create good-paying jobs.”
Though President Obama touts the country’s economic recovery as one of his legacies, “the truth is, America – the world’s most powerful economic engine – is off-track,” said O’Reilly.
“Under President Obama, earning power has not improved.”
According to the Commerce Department, GDP grew “a paltry 0.5 percent” in this year’s first quarter, O’Reilly noted. “That was the worst quarterly performance in two years.”
And although the private sector has continued to add jobs, our median income has remained about the same since 2009.
“Simply put, workers are not earning what they should earn,” said O’Reilly.
He called out Obama for adding “more to the debt than any other president in history” – all in attempts to stimulate the economy.
The truth is, “the government cannot stimulate the economy, at least in any meaningful way,” said the Factor host. “The private sector must do that.”
Do you agree? Watch the full Talking Points commentary above, and weigh in.