For eight long years, the economy did worse than economists forecast and the Obama administration promised. It never breached the 3% mark, for one. The stimulus was supposed to turbocharge growth. It didn’t. Cash for clunkers was hailed as a panacea - it wasn't. We were supposed to have a “Summer of Jobs,” but unemployment went up and millennials moved into their parents' basements. Under President Obama, every year, economists predicted strong growth ahead, and every year, the GDP came in lower than promised, often much lower. Just last year, for example, these Obama-besmitten economists out on Wall Street were predicting 2.6% growth in a year when actual growth was 1.5%. Now, as Investor’s Business Daily points out, the opposite is happening. Every week since, well, last November, it seems we’re reading how the economy is doing “unexpectedly” well. Just out now as breaking news, the Los Angeles Times has released the...(Read Full Post)