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Republican Chris Christie bashes Obama, Fed on economy


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By Lisa Lambert WASHINGTON (Reuters) - Possible Republican presidential candidate Chris Christie on Tuesday said the policies of President Barack Obama and the Federal Reserve had widened the gulf between rich and poor. Christie, who is governor of New Jersey, said Obama had failed to curb spending and that his regulatory policies had led to stagnant growth. As for the U.S. central bank, he said that while middle-class families struggled, the Fed had boosted stock prices which benefited people who were already wealthy. "Bottom line: the Fed’s easy money policies and the president’s anti-growth policies have made the rich even richer and made our middle class work longer and harder for less pay and less promise for the future," Christie said in excerpts of a speech he is due to deliver in New Hampshire, a state which votes early in the presidential nominating contest.

 

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