Another component of Sander’s speeches

I’ve mentioned before that Sander’s stump speeches on the topic of immigration are even more hard lined, on both legal and illegal immigration, than Donald Trump’s stance on the subject.

There are two other common themes to a Sander’s speech.

The first sounds a lot like Bill Clinton’s 1992 campaign. One of the major catch phrases of that campaign was, “It’s the economy, stupid!” The brilliant James Carville gets credit for that. For those of you who don’t remember the early 1990’s, in Q492, when the election was held, the US had just come out of a recession. When the President at the time, George H.W. Bush, correctly stated that the recession was over, and the recovery was starting, the Clinton team would go into full attack mode, calling him a liar. Since the recovery had just started, the effects were not wildly felt. This tactic was wildly successful for Clinton, especially since the economy really was starting to recover, and he got to take credit for something that was already happening after he took office.

Bernie Sanders is pounding the pulpit and telling people not to believe the economic news coming from the Obama White House. Obama is telling you that unemployment is 5.6%, and Bernie is telling it’s 10.7%. Thing is that they are both quoting the current federal Bureau of Labor Statistics numbers. Barry is using the more commonly used U3 number. Bernie is using the U6 number, which is considered by rational economists to be a more accurate indicator.

If you have read my previous posts about the Obama Economy, you would think I’m siding with Bernie on this. I have to admit, the self identified Socialist does have a point. The so-called “recovery” has been going on for just over five years now, and it has been described everywhere from CNBC to NPR as “lackluster” and “jobless.” With a U3 of 5.6%, we should be damn close to “full employment”, yet the number of people not in the work force is at levels we haven’t seen since the deep recession of the late 1970s.  Barry’s policies have managed to kill most of the economic gain that you typically get coming out of a recession.

While Sanders may be right about our Dear Leader‘s handling of the economy, odds are he will screw it up even more with his socialist economic policies.

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