Tuesday, May 3, 2016

The Economy Is Great. The Economy Is Terrible.

Jim Young / Reuters There is an easy story to tell about the Obama Recovery. Devastated by a financial crash, the U.S. launched a historic comeback. The private sector added jobs in 73 consecutive months, the longest stretch ever. Unemployment is lower today than in the month Reagan left office. Real GDP  has grown more than 13 percent since its most-recent low in 2009 , Obama's first year in office. That's more than twice as much growth as in some western European countries, like France. Compared to how countries typically perform after financial crises, the United States has "probably......(read more)
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