He’s just like Reagan… Except when he isn’t.
Real GDP under Barack Obama is 20% of the Reagan recovery.
Confounded Interest reported:
While initial jobless claims are as low as March 1984, real GDP growth is now 1.7% , while it was 8.20% in March 1984. The Obama “Recovery” is only 20% of the Reagan Recovery.
And both labor force participation and the employment-to-population ratio are back to Regan Recovery numbers. But going the wrong way!
Guess Obama’s “spend your way to hell” plan doesn’t work so well, huh?