Reviewing Obama’s Economic Accomplishments May 3, 2016
Posted by geoff in News.trackback
I liked Dan Mitchell’s “Obama’s Miserable Economic Legacy,” the centerpiece of which was this chart that he borrowed from Bloomberg:
I think that had Mitchell gone beyond the surface-level statistics (specifically the U-3 unemployment number and the employment numbers used in later charts), he would have found that Obama’s performance has been even worse.
But I guess it wasn’t really necessary.
Of course, the CBO has a terrible track record for predictions – back around 2003 they were predicting budget surpluses by 2008.