Saturday, October 26, 2013
Obama's L-shaped Recovery
Under Obama and the Democrat policies starting in '06, it is a valid question to ask, "What recovery?"
More of the recession Reagan inherited took place under Carter and the Democrat policies of '74 but it was worse than the Obama recession yet it has the V shape that generally outlines the boom and bust cycle of free markets.
Elections have consequences.
In our particular case, election of Democrats has dire consequences.
It is a nearly natural phenomenon that the deeper the fall the more rapid the recovery. It takes a lot of effort to prevent that from happening.