Economic Growth — Obama’s Economic Legacy, Part 4
The United States has been in a prolonged period of slow growth: why? The answer lies in slow, grinding, demographic movements.
The United States has been in a prolonged period of slow growth: why? The answer lies in slow, grinding, demographic movements.
President Obama and his administration did an admirable job of holding off a second Great Depression; many people misinterpret this due to a misunderstanding of the national debt.
The fall in homeownership during Obama's presidency is not indicative of bad financial stewardship — it was instead a natural response to market conditions, and he did the best possible job under the circumstances.
Presidents build their economic legacies on one of three types of actions: their reaction to economic crises, the public policy they institute to change the course of the economy, and if their actions' and policies' long-term effect on the health and growth of the economy.