GDP 4TH YEAR: REAGAN VS OBAMA

Posted on April 29, 2012

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Economically, Obama has aligned our country with Greece although they have quit spending and are focused on private production. Even though Obama continues to compare himself with Reagan, his results are quite the opposite. Regardless of today’s numbers, they are always associated with recovery. Improving the recovery always requires more spending. More spending demands our fair share or increased taxes. Reagan did just the opposite and in his 4th year GDP was 7.2. Obama’s first quarter 4th year was 2.2.

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Posted in: Economy, Obama