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July 14th, 2017 11:48 am
Image of the Day: Obama “Recovery” Worst On Record
Posted by Timothy Lee Print

On multiple measures, the economic “recovery” under Barack Obama was the worst in recorded U.S. history, due to his policies of more regulation, higher taxes and administrative fiat.  The most consecutive months of unemployment above 8% (despite promising that his trillion-dollar spending “stimulus” would prevent it from exceeding 8% at all).  The worst deficits in history, and the most debt in history.  The first time that we never reached even 3% economic growth in a year (the post-World War II average was 3.3%).  And so on.

Now here’s another.  The worst record of new business creation following a recession.

Obama Economic Record

Obama Economic Record

Keeping in mind that most new jobs are created by new businesses, that explains a lot.

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