Skip to content

Pajamas Media » Obama’s Job-Killing Economy: The Continuing Saga

March 1, 2011

In the six quarters since the recession ended, the economy under Barack Obama has grown by about 4.4%, and by only 2.7% in the most recent four quarters. By comparison, in the six quarters after the early 1980s recession ended while Ronald Reagan presided, GDP increased by almost 10%, with 8.5 points of that growth taking place during quarters three through six. The economy under Reagan blasted off; under Obama, it’s mired in something worse than mediocrity.

Advertisements

Comments are closed.

%d bloggers like this: