Weekend Economists Salute Ruin July 3-5, 2015

[MattSh]

5. Don't even know what to think about this one...

Obama: I'm Reagan and Hillary can be Bush 41

President compares himself to Ronald Reagan as he strives for a 'transformational' presidency.

By EDWARD-ISAAC DOVERE and SARAH WHEATON 7/1/15 6:40 PM EDT Updated 7/2/15 4:41 PM EDT

President Barack Obama says he thinks he’s led a new Reagan Revolution. So that would make Hillary Clinton, if she wins, his “Bush senior.”

“Much in the same way that the Reagan Revolution required Bush senior” to complete his transformation of American politics, Obama told alumni of his White House staff on a private conference call this week, “we’ve got to make sure that we’re laying the foundation” for the next Democrat elected.

The call, organized by top aides including chief of staff Denis McDonough and senior adviser Valerie Jarrett, was aimed at thanking staff members for their work in promoting Obama’s long-term presidential initiatives, a number of them reaching fruition over the past two weeks: Obamacare, trade, and strategic openings to Cuba and Iran, among others.

In many ways, the past two weeks have been the best of Obama’s presidency, and more was in the works. The Cuba agreement was done but no one on the call knew it yet. Obama, though, was already declaring victory in those battles and suggesting a Clinton presidency would win the war.

“It’s important for us to set the record properly and tell a story about what happened over the last 6 ½ years, less for our benefit and more to create the political climate going into the next election so the agenda that we’ve set continues,” Obama told them.

http://www.politico.com/story/2015/07/cuba-opening-ushers-in-era-of-mas-obama-119652.html

Definitely not sure about that "transformational" part.