“Without a doubt President Obama inherited a difficult situation. Here’s the problem. He made it worse,” Paul Ryan, the Republican vice presidential candidate, has been saying in his stump speech.
Ryan’s statement consists of two parts; the first is gross understatement, the second gross misstatement. It is the misstatement that is the essence of the case Republicans are putting before American voters: That President Obama has made the economy worse. Getting voters to believe that assertion is probably the Republicans’ only hope of winning the election.
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