What Do You Mean Stalled?

Jordan Fabian at The Hill reports that:

The White House on Wednesday said it does not share Hillary Clinton’s view that the economy has “stalled out.”

This was predictable. The administration’s view of the economy is, “Everything is fine and getting better.”

But it is interesting that:

During a campaign stop in New Hampshire on Monday … Ms. Clinton said she was “surprised” to find out how much small-business growth has slowed during her travels around the country.

One assumes that the meaning of that sentence is that Clinton learned of this slowdown during her travels and not that the slowdown actually took place in that short period of time when she was on the road.  That would imply some sort of cause and effect and … well, perish the thought.

Also, you do have to wonder just how cut off from the real world Ms. Clinton has been that she is just now finding out that most people are struggling in an economy where, as a recent Wall Street Journal item noted:

Adjusted for inflation, average weekly earnings for production and nonsupervisory employees–the bulk of the workforce–topped out in October 1972…

Ms. Clinton has, however, gone out among the people and learned these things and drawn the obvious and banal conclusion that:

“It’s not enough just to tread water. We need to get ahead and stay ahead, and people need to feel their work is being rewarded and that the deck is not stacked in favor of those at the top.”

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