Obama is still out performing Reagan on the DJI, even with the GOP obstruction.
Historically, the GOP is pretty terrible with unemployment. Reagan took an improving unemployment rate and drove unemployment through the roof. It only came back down to pre-election level by the time he got re-elected. Obama, on the other hand, inherited a rate that was skyrocketing.
Hey, I’m disappointed with Obama’s conservatism too, but do we really want to give the economy back to the GOP? They have a terrible history of killing the economy, as we saw in the early and mid-70s and in the early 80s and in the early 90s and in the 00s. The Democrats are simply better at managing the economy than the Cons are. Obama has swung us out of a nosedive and the Cons are tricking some people into thinking we would have been in the clear if we had just given more tax cuts to the mega-rich.
‘“Would you rather reduce deficits and interest rates by raising revenue from those who are not now paying their fair share, or would you rather accept larger budget deficits, higher interest rates, and higher unemployment? And I think I know your answer.’
“Those words were spoken by Ronald Reagan,” said Obama. “But today, many Republicans in the House refuse to consider this kind of balanced approach… So we are left with a stalemate.”
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