Charting the Reagan and Obama Recoveries: Ah, the Good Ol' Days

Submitted by Anonymous on March 6, 2011 - 8:36pm

Remember when the recession was declared officially "over" a few months ago? Does anyone other than a few technocrats and the most fanatical Obamaphile really believe that?

To straighten the political and economic spin, the Federal Reserve Bank of Minneapolis produced an interactive graph that tracks the economic rebound from every recession dating back to 1948.

Click here and see how, under Ronald Reagan, U.S. employment soared in 1981 -- the second year of his first term.

Can Obama claim the same results? The conservative Heritage Foundation site answers with a resounding "no," and provides historical links that explain why.

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