What would you say?

What would you say to a US President where the stock market grew at annualized rate of 12.8% during his tenure, excluding dividends.

What would you say to a President where net new jobs were added at an annual rate of 1.4 million, with a rate of 2.6 million per annum the last four years.

What would you say to a President where the unemployment declined from 7.6% when he started to 4.8% when he left?

What would you say to a President where the US economy had 91 consecutive months of economic growth, which eventually became the second longest in US history?

What would you say to a President that saved the largest car company in the US?

You would say thank you President Obama. The economic growth has continued under the current US President, but we should not forget he was handed the keys to a pretty good economy. It should also be noted the country was in a housing caused recession when Obama got the keys.

I mention this as the current President is too busy taking credit to give a thumbs up to others. With that said, Presidents get too much credit and blame for the economy. They only provide headwinds and tailwinds.

Yet, if people want to go there, Democrats need to do a better job of marketing. Under 12 1/2 four-year GOP Presidential terms as compared to 12 four-year Democrat Presidential terms since 1921, the number of jobs created under a Democrat President dwarfs that under a GOP President, by 2 to 1. Further, the stock market results since 1901 is markedly better under Democrat Presidents.

So, the Dems can rightfully claim they are the party of jobs and economic growth. I am delighted the growth continued under Trump, but the headwinds do not look favorable. The tariffs and added debt on top of expected increases is bothersome.

Isn’t he CUTE – my four favorite Trump lies

Since my memory is so poor and the lies told by Donald Trump in this campaign season so prevalent, I resorted to the use of an acronym CUTE to remind me of my four favorite Trump lies. These are not necessarily his best ones and with a track record at year-end 2015 of telling the truth only 24% of the time, there are too many to choose from.

I mention these as people will tell me that they are for Trump because he tells the truth or says what we want to say. As for the latter, I would grow concerned if you really wanted to say some of the bigoted and xenophobic stuff he babbles on about. As for the truth, based on his history and campaign statements, I would not equate what The Donald says with the truth. So, if the opportunity presents itself at a future cocktail party, remember the 24% figure first. But, if you need a few fun examples, here are four CUTE Trumpisms which are not truthful.

C = Crime: To inflame a crowd, The Donald said 81% of white homicides are committed by black assailants. Actually, the percentage is more the opposite as the FBI notes that it is only 15%. I think this exemplifies Trump at his worst as it is intended to enrage a strident fan base and blame a group of people. There is a reason so many white hate groups, like the KKK and Nazi party, endorse The Donald.

U = Unemployment: The Donald said the current unemployment rate of 4.9% is not correct. He heard it was more like 30% and one report said 42%. This number is published monthly by the Bureau of Labor Statistics. It is 4.9%. When you look at underemployment, it is higher, but nowhere near 30% or 42%. It should be noted if unemployment were that high, we would be in a severe depression.

T = Taxes: He has said this numerous times including the New Hampshire debates, where no one corrected him. The Donald said we are the most taxed country in the world. Not even close.  Per one measure ratioing taxes to GDP, we are 27th out of the top 30 wealthiest nations. Using a measure of taxes per capita, we are 17th. In fact, per the Paris based Organisation of Economic Cooperation and Development, we are well below the average taxes per GDP rate for their 33 surveyed countries.

E = Environment: His most colorful lie may be the most ludicrous thing said by any candidate, including some of Ben Carson’s inane statements. The Donald said global warming is a hoax invented by the Chinese to steal our jobs. Really? I guess those 97% of scientists, 195 countries, and every major science organization who follows these issues, are all wet. I guess since Trump said it, we don’t have to worry about it. Rather than quote facts, let me ask if it is a hoax, why is Exxon-Mobil being sued by the New York State Attorney General for misrepresenting to investors and shareholder the impact of climate change on their business? Why does Duke Energy factor climate change impact on their water reservoir evaporation loss models?

The sidebar story is there is a reason some of the GOP candidates are reluctant to call Trump out on these untruths. The reason is they are an extreme or even mainstream version of the narrative the GOP wants Americans to hear. The last statement on global warming is ludicrous, but not too different from other candidates who deny climate change. John Kasich is a lone wolf in this slate of GOP candidates who notes the real concern of man-influenced climate change. No one corrected Trump on the most taxed country in the world comment, as that is what the GOP wants Americans to believe. The other two fall into the category, as well.

As I have said  before, our world is complex. It is hard enough to govern when we use factual information. What we don’t need is people advocating stuff that either they know is a lie to gain votes or don’t know which is equally bad. Given his track record of making stuff up, my money is on the former. And, that is no way to govern.

Letter from Mitt Romney to Barack Obama

This is not a real letter, but one that could be written.

Dear Mr. President,

I hope this finds you well. I know we have had our differences and I disagree with some of the positions and decisions you have made, but I want to commend you for your role in helping lower the unemployment rate to 5%. As you know, I promised during our campaign to get the unemployment rate down to 6% by the end of 2016, so you have done well on this issue. I also commend you for overseeing 68 consecutive months of job growth in our country, which has helped reduce this rate.

While I could not advocate this during the campaign, I would like to thank you for using many features of Romneycare as part of your formulation of Obamacare. I take pride that Romneycare is working well in Massachusetts helping to lower the overall mortality rate and am proud that you borrowed from my successful template. I recognize it still needs some seasoning, but Obamacare is on the right track for our country. As you know, I shared these thoughts in an interview a few weeks ago.

We still have our work cut out for us, so I hope our next President can build on these successes. By the way, our friend Newt Gingrich wanted me to pass along his thanks for getting the gas prices down so low, which was a campaign promise he made in 2012.

Best wishes for continued success,

Former Governor Mitt Romney