Hillary: Brazil Growing Like Crazy

Gene Schwimmer
What's rapid economic growth to a Democrat?  Or truth?  Or fairness?  Hillary Clinton gave us pretty good indication of all three on May 27th, when she said:

The rich are not paying their fair share in any nation that is facing the kind of employment issues [America currently does] - whether it's individual, corporate or whatever [form of] taxation forms.

She then went on to cite Brazil as a paragon of economic growth - and taxation:

Brazil has the highest tax-to-GDP rate in the Western Hemisphere and guess what - they're growing like crazy.

But, as with any "fact" a Clinton or an Obama apparatchik cites, you need to look it up for yourself.  Which I did.   Brazil's GDP grew 2.0% in the last quarter.  The average rates for 2007, 2008 and 2009 were 1.61%, 0.39% and 0.96%, respectively.

For those who may be wondering, our own GDP growth in the last quarter was 3.00%.  But I digress.  The point is:  Either (1) Hillary didn't know Brazil's actual growth rate; (2) she did know, but lied about it or (3) she knew and considers 3.00% GDP growth "growing like crazy."  Pick any one, two, or - this is the Obama administration, after all - all three.

Thomas Lifson adds:

Brazil's economy is benefitting from offshore oil exploration and development - the sort of thing Obama wants to stop in the wake of his failure to contain the Gulf oil spill by implementing the the existing plan.
What's rapid economic growth to a Democrat?  Or truth?  Or fairness?  Hillary Clinton gave us pretty good indication of all three on May 27th, when she said:

The rich are not paying their fair share in any nation that is facing the kind of employment issues [America currently does] - whether it's individual, corporate or whatever [form of] taxation forms.

She then went on to cite Brazil as a paragon of economic growth - and taxation:

Brazil has the highest tax-to-GDP rate in the Western Hemisphere and guess what - they're growing like crazy.

But, as with any "fact" a Clinton or an Obama apparatchik cites, you need to look it up for yourself.  Which I did.   Brazil's GDP grew 2.0% in the last quarter.  The average rates for 2007, 2008 and 2009 were 1.61%, 0.39% and 0.96%, respectively.

For those who may be wondering, our own GDP growth in the last quarter was 3.00%.  But I digress.  The point is:  Either (1) Hillary didn't know Brazil's actual growth rate; (2) she did know, but lied about it or (3) she knew and considers 3.00% GDP growth "growing like crazy."  Pick any one, two, or - this is the Obama administration, after all - all three.

Thomas Lifson adds:

Brazil's economy is benefitting from offshore oil exploration and development - the sort of thing Obama wants to stop in the wake of his failure to contain the Gulf oil spill by implementing the the existing plan.