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Tuesday, September 9, 2014

Forbes Magazine Declares Obamnomics Superior To Reaganomics

Hardly a bastion of liberal thought, a Forbes magazine article says Obama not only outperformed conservative hero Reagan, but also has reduced the national debt.  Here's the last paragraph of the article:  
Economically, President Obama’s administration has outperformed President Reagan’s in all commonly watched categories.  Simultaneously the current administration has reduced the deficit, which skyrocketed under Reagan.  Additionally, Obama has reduced federal employment, which grew under Reagan (especially when including military personnel,) and truly delivered a “smaller government.”  Additionally, the current administration has kept inflation low, even during extreme international upheaval, failure of foreign economies (Greece) and a dramatic slowdown in the European economy.
Here's the article at Forbes:


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