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A new economic report, published by Forbes.com on September 6, 2014, clearly shows that President Obama is the best economic president in modern times. It’s not an opinion, it’s a fact, based on all of typical the economic indicators, including jobs, investments, growth and expansion, even the rate of inflation. In all of these areas President Obama’s record outperforms that of every other modern president, including conservative idol, Ronald Reagan.
Under President Obama’s leadership, the unemployment rate has now decreased to 6.1 percent, the lowest it’s been since 2007, when the economy began gushing jobs under the failed leadership of then president George W. Bush.
Typically, republicans have tried to detract from the president’s accomplishments. When it comes to the falling unemployment rate, they claim that it is somehow related to large numbers of people just dropping out of the workforce. This would almost be believable if the economy wasn’t creating new jobs at a rate that coincides perfectly with the falling employment rate, but it is. There have been six consecutive months […]
Great article by Jeff Berwick The Dollar Vigilante. He brings it home to those who understand that it’s not up to the President to make or break our economy. It is not his constitutional authority. Like Berwick says, “The only thing that the President or the Government can do to help the economy is to disappear completely. The best President, economically speaking, is no President at all. The best central bank is no central bank at all.” An economy that is managed and controlled by the central government is called communism no matter how you spin it.
https://www.dollarvigilante.com/blog/2014/10/10/is-obama-the-best-economic-president-in-modern-times.html#6579