James Pethokoukis is a columnist and blogger at the American Enterprise Institute. Previously, he was the Washington columnist for Reuters Breakingviews, the opinion and commentary wing of Thomson Reuters.
How to evaluate the economic record of Barack Obama? To even begin answering, it’s necessary to go beyond just counting the number of jobs created during his presidency (10 million) or calculating the average growth rate (1.5%) or even looking at something more wonky like the labor force participation rate. First, a president’s policy actions may take years to play out. Reaganomics didn’t move the needle on productivity growth during the 1980s. But maybe they helped set the stage for the 1990s boom. The US economy is a complicated piece of business. Its deeper structural components are altered
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