“President Obama has achieved a 6.1% unemployment rate in his sixth year, fully one year faster than President Reagan did. At this point in his presidency, President Reagan was still struggling with 7.1% unemployment, and he did not reach into the mid-low 6% range for another full year. So, despite today’s number, the Obama administration has still done considerably better at job creating and reducing unemployment than did the Reagan administration. “We forecast unemployment will fall to around 5.4% by summer, 2015. A rate President Reagan was unable to achieve during his two terms.” forbes/sites/adamhartung/2014/09/05/obama-outperforms-reagan-on-jobs-growth-and-investing/
Posted on: Wed, 08 Oct 2014 01:11:22 +0000
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