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Fox News Blames Obama For The Stock Market Crash

Posted by Brian -4pc on August 24, 2015 · Flag

Huckabee_stocks.png

That didn’t take long. 41 minutes after the tumultuous stock market closed today, Republican presidential candidate Mike Huckabee went on Fox’s Your World show and blamed President Obama for the crash. 

Host Stuart Varney set up Huckabee with this question: "Are you blaming the Obama administration to some degree for this huge sell off on the markets and economic problems?"

Huckabee took the bait – with a few gratuitous swipes at ObamaCare and the nuclear Iran deal while he was at it.

HUCKABEE: Well, you have to Stuart because what's happened overall in the marketplace is that it's very fragile because businesses are afraid to grow. ObamaCare has busted them, regulations are killing them, the world market is not stable. We now seem to be more interested in stabilizing Iran than we are America. Americans have lost jobs, 5 million foreclosures, 5 million manufacturing jobs lost since the year 2000, and this president seems to think that if we just put some more regulations, raise taxes, and make it harder for businesses to succeed, that maybe the economy will get better. Well, Stuart, the economy is not in recovery for many Americans who are out there working every day.

That’s just ridiculous. First of all, George W. Bush was president most of the time since 2000. Second, even Fox Business has reported that the sell off was due to the weakening economy in China, which devalued its yuan currency two weeks ago, not because of President Obama.

Watch it below, from the August 24 Your World.

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NewsHounds posted about Fox News Blames Obama For The Stock Market Crash on NewsHounds' Facebook page 2015-08-24 20:11:48 -0400
Even Fox Business said the turbulence was due to China, not Obama.








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