Obama’s Recovery A Flop Of Historical Proportions


Obama’s Recovery A Flop Of Historical Proportions – Investors.com.

“Some might argue that the anemic post-recession growth rate under Obama has resulted from his having inherited a worse recession than most. There’s little doubt that he inherited a particularly long (18-month) and significant recession. But the historical record suggests that, pre-Obama, the general rule was: the worse the recession (or depression), the better the recovery.

In other words, one would have expected such a severe downturn to be followed by a particularly strong stretch of economic growth. That, of course, hasn’t happened.”

Another way to look at it- could have been a big opportunity for growth instead of the constant complaining about his inheritance.

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