Better for the Economy: Reagan or Obama?

Forbes magazine and its web site,, are owned by Steve Forbes, a former Republican presidential candidate.  I say that so you will recognize that the source for this post is not some “liberal media” outlet.

In clear, devastating fashion, financial expert Robert Deitrick methodically dismantles the notion—so dearly held by Grumpy Old People—that St. Ronnie did everything better than anyone else.

Read the entire article if you’d like, or just read this, the final paragraph (emphasis added):

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.

So the next time some ill-informed flag waver like Donald Trump (“Obama is the worst president ever!”) or any other Fox News acolyte attacks President Obama’s economic record, you now know where to turn for the facts.

As the mid-term election nears, remember that the GOP has consistently tried to block virtually every Obama initiative. Please help to counter them by supporting Democrats in any way you can. America’s future is at stake.

Thanks for caring about the truth.


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