The Key Economic Facts Obama’s Recovery Narrative Ignores
The president argued his administration deserves credit for the recovery thus far. If so, he has engineered the weakest recovery of the post-war era.
By Heritage Foundation James Sherk—— Bio and Archives--June 3, 2016
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President Barack Obama took an economic victory lap in Elkhart, Indiana, on Wednesday.
In a major speech he argued his policies have brought the economy back. He blamed remaining economic weaknesses on trends preceding his administration.
This analysis has the economic facts precisely backwards: Economic growth benefitted Americans up and down the income distribution until the Great Recession. Since then, Americans have struggled considerably.
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