McConnell Takes Credit for Economic Growth

I’ve long been a critic of those who give the credit or blame for the economy to the president, regardless of party. The causal link is nearly always tenuous at best. But even more ridiculous is Sen. Mitch McConnell, who claims that the economy has picked up because people anticipated a Republican takeover of the Senate.

“Let’s pass legislation that focuses on jobs and the real concerns of the Middle Class.

“After so many years of sluggish growth, we’re finally starting to see some economic data that can provide a glimmer of hope; the uptick appears to coincide with the biggest political change of the Obama Administration’s long tenure in Washington: the expectation of a new Republican Congress. So this is precisely the right time to advance a positive, pro-growth agenda.

He’s following the advice of Grover Norquist, who said a week ago that Republicans should stop claiming that the economy is bad and start claiming, instead, that the economy is great and they should get the credit.

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  • flyv65

    What a pompous ass.

  • tommykey

    That reminds me of when there were high jobs numbers posted in late 2011/early 2012 and Rick Santorum said it was because businesses were anticipating that Obama would not be reelected, so they felt they could hire more workers. I guess this means that job growth is picking u again because business are not anticipating that Obama will be elected to a third term.

  • Modusoperandi

    What an idiot. Everybody knows the boost is due to the anticipation of a Gohmert/Palin administration in 2016!

  • bushrat

    What an idiot. Everybody knows the boost is due to the anticipation of a Gohmert/Palin administration in 2016!

    Pfft, sorry I think you me Galaxor the Conqueror/RoboNixon ticket of 2052.

  • Reginald Selkirk

    I’ve got to say, the TV advertising business has done quite well due to Republicans and the PACs which support them.

  • marcus

    McConnell is so full of shit. The truth is that I did it. That’s right, it’s all because of me, just because I’m so awesome. You should thank your lucky stars that I choose to reside in this country, because awesomeness.

    (This statement actually makes more sense than McConnell’s. At least i didn’t actively work to derail the economy, that dickhead can’t make the same claim.)

  • naturalcynic

    bullshit or horseshit

  • lorn

    Political gamesmanship 101 – if the sun is rising; take credit for it. If the sun is setting; blame the opposition.

    Nothing new about that.

    That so very many people fall for that sort of obvious fraud is … disappointing.

  • cptdoom

    Although in general it is tough to link specific Presidential policies to economic indicators, in this case I’d argue McConnell couldn’t be more wrong. If you compare the economic growth of Western economies that followed more austerity-based policies in the aftermath of the ’08 collapse and the US’ more traditional Keynesian approach, we have a very strong argument that the stimulus in 2009 is a primary reason for our better growth.

  • kevinalexander

    The sun rose this morning. Thank you Mitch!

  • Area Man

    Not only is he trying to credit policies that don’t exist yet and probably never will (hello veto pen), Republican policies aren’t good for the economy and aren’t even intended to be. They’re good for the wealthy elite and generally bad for everyone else. Others are just acts of sabotage intended to ruin the public’s confidence in the institutions of governance.

  • Area Man

    Political gamesmanship 101 – if the sun is rising; take credit for it. If the sun is setting; blame the opposition.

    Nothing new about that.

    If the Democrats were routinely this shameless, it would be news.

  • Michael Heath

    This absurd misuse of the fact that markets price their assets largely by considering future earnings reminds me of a Rush Limbaugh lie.

    In the fourth quarter of 2007 the U.S. entered its Great Recession. By the following late-Spring then-Senator Barack Obama emerged as the Democrat’s nominee for president. That spring or summer of 2008, Mr. Limbaugh began to claim the recession and the financial crisis that began that summer was the fault of Mr. Obama.

  • gshelley

    I am sure I am not the only one who suspects that if the economy wasn’t improving, it would all be Obama’s fault.

  • tommykey

    Michael Heath, I remember when the stock market indexes were going down during the beginning of Obama’s presidency, Sean Hannity declared it was because of Obama’s failed policies, but when the indexes reached record highs during Obama’s presidency, Hannity said it didn’t mean anything.

  • ArtK

    @ gshelley, tommykey, Michael Heath

    Heads I win, tails you lose.