President Obama touted his legacy in a fundraising swing last night in California. No one could argue, Obama maintained, that he has “not made significant progress” over the course of his presidency.
“By almost every economic measure, Americans are better off today than they were when I came into office. The unemployment rate has gone from 10 percent to 5.5 percent. People who had lost their savings in 401(k)s have seen them not just restored but exceeding where they were. The auto industry, which was flat-lining with the potential loss of a million jobs, now is thriving, even stronger than it was before the crisis. Housing has begun to recover,” the president said, according to a White House transcript.
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