Stephanopoulos Rationalizes Obama's Economic Failures: 'It's Bigger than Washington'

September 15, 2013 - 2:39 PM
Stephanopoulos Rationalizes Obama's Economic Failures: 'It's Bigger than Washington'

Imagine a major news network anchor, in 1985, telling President Reagan that five years into his presidency rising income inequality wasn’t his fault. Ludicrous, given how the media used the term Reaganomics to denigrate his policies, policies far more successful than President Obama’s in turning around an inherited poor economy. 

Yet in a sit-down with Barack Obama for ABC’s This Week, George Stephanaopoulos compliantly excused Obama’s failure: “Do you look at that four and a half years in and say, maybe a President can’t stop this accelerating inequality?”

Obama blamed companies which “have eliminated entire occupations because they’re now robotized. We don’t have travel agents, we don’t have bank tellers.” Stephanopoulos jumped in: “It’s bigger than Washington.” Obama affirmed: “Right.”

## More in the cross-post on the MRC's NewsBusters blog ##