INSPIRE AND IGNITE/Just a Thought, 12/10/2010 by Josiah Hill - How’s that bigger government is better idea working out for the American people? ∴ Let’s look at the recovery the country enjoyed under Reagan and compare it to the one we’re currently experiencing under Obama. ∴ Since the current recession ended in June of 09 according to the experts, we’ve now had 15 months of the Obama recovery. How does it compare to the first 14 months of the Reagan recovery? ∴ These figures come from government records and not any biased third party:
- Consumer confidence: Reagan 103.9 / Obama 53.5
Average GDP growth: Reagan 7.7% / Obama 3%
Unemployment rate: Reagan 8% / Obama 9.6%
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