Obama Outperforms Reagan On Jobs, Growth And Investing by Adam - TopicsExpress

Obama Outperforms Reagan On Jobs, Growth And Investing by Adam Hartung, forbes. October 4. 2014 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. August jobs report revised upward to 180,000 as September jobs creation returns to 248,000 lowering unemployment rate to 5.9% - lowest unemployment number in 6 years. Update 10/16/14 - Initial claims for unemployment drop to the lowest level in 14 years - all the way back to 2000 - indicating an improved economy, additional jobs and fewer people looking for work.

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