Hattip to Ed Morrissey at Hot Air. Steve Rattner, Obama’s former car czar, explains in the video above how economic growth under Obama is in the toilet along with Obama’s re-election prospects.
Steve Rattner, the former “car czar” for Barack Obama, explains why voters may have narrowly given Obama the edge in the debate on Tuesday night, but give Mitt Romney a 31-point advantage on the economy. You have to go all the way back to the 1930s, Rattner explains after Willie Geist presses the point, to find a President with a worse record on economic growth in a first term.
American Presidential elections are really pretty simple. Absent some great national crisis they always come down to the economy. Obama has been a lousy steward of the economy, and hence in 2013 he will probably get to make his next career move: world celebrity for life.