Tuesday, June 03, 2014
"Reagan vs. Obama: A Tale of Two Economic Recoveries"
At WesternFreePress.com, John Walker writes about who's policies worked better for a quicker recovery:
"Reagan was handed a bigger mess than Obama. When Reagan took office, unemployment was 10.8 percent; inflation was 13.5 percent; the prime interest rate was 21.5 percent. The economy was on the ropes. When Obama took office, unemployment was 7.7 percent; inflation was 2.7 percent; the prime interest rate was 3.25 percent."
