Hillary: Brazil Growing Like Crazy

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.