So, I'll assume we're done pretending the Panic of 1837 has something to tell us about the current recession. Which means we're back where we started when I first posted my critique:
1) The "recovery" is abysmally, unacceptably slow, and in some places isn't even advancing at all.Neither point is really arguable if you bother to look at the data. But this isn't something a lot of Obama supporters seem interested in doing, which is why we have to go through and systemically disprove these facile talking points first.
2) Reagan's recovery was insanely better by common measurements, and significantly better even by cherry-picked ones.
The Reagan era recession was unique because it was accompanied by inflation and can hardly be compared to this one caused by the collapse of the real estate market.
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It reminds me of a toilet paper on the trees
- Paula
It reminds me of a toilet paper on the trees
- Paula