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1/31/12

US Economy: Why Obama's economic recovery is impressive - by Joe Weisenthal

The 2012 election will revolve around the economy, and somehow Obama will have to make the case that he should be re-elected with GDP growing below historical trend, and unemployment above 8 percent.

James Pethokoukis of the Conservative American Enterprise Institute has been doing a lot of work comparing the Obama recovery to the Reagan recovery, pointing out how much more robust the latter was.

In a new post, he takes aim at the suggestion that comparing the two recoveries is somehow unfair because Obama had to deal with the aftermath of the housing bust, whereas Reagan didn't.

For more: US Economy: Why Obama's economic recovery is impressive | GlobalPost

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